CIECH S.A.: News

The CIECH Group: EBITDA result in the first quarter of 2023 at a similar level to the previous year despite a weakening macroeconomic environment

26.05.2023

In the first quarter of 2023, the CIECH Group generated PLN 217 million of (adj.) EBITDA, representing a five percent decrease compared to the corresponding period of the previous year. At the same time, it was the fifth consecutive quarter when...

Kamil Majczak appointed as the President of the Management Board of CIECH S.A., Marcin Puziak assumed the position of a new CFO; outgoing Members of the Management Board join the Board of Kulczyk Investments

25.05.2023

On 25 May, Kamil Majczak, a Member of the Management Board of CIECH S.A., was appointed its President by the Supervisory Board of the company. Simultaneously, Marcin Puziak, the Controlling Director, assumed the position of Chief Financial Officer...

CIECH and Cargill announce an agreement to market food-grade salt in Europe

04.05.2023

CIECH Group - one of the largest manufacturers of evaporated salt in Europe and Cargill, a global leader in the production and sale of salt, announced an agreement for the sale and distribution of food grade salt through CIECH’s facilities in...

Representatives of the CIECH Group actively participated in the 15th European Economic Congress in Katowice, Poland

03.05.2023

Three days of inspiring discussions, 170 thematic sessions, 11,000 in-person participants, 1,200 speakers, and 550 media representatives – the scale of the 15th European Economic Congress ("EEC") is reflected both in the statistics and in the rank of...

CIECH Soda Polska S.A. applies for an environmental decision to be issued for the construction of a thermal waste treatment installation in Inowrocław

05.04.2023

A request has been submitted to the City Hall of Inowrocław for the issuance of an environmental decision for the construction of a thermal waste treatment plant. This is a key step in obtaining the necessary permits and thus implementing the project...

Position of the Management Board of CIECH S.A. on the tender offer to buy out the shares in the Company

24.03.2023

The Management Board of CIECH S.A. presented its position on the tender offer to subscribe for the sale of shares in CIECH S.A., announced by KI Chemistry S.À R.L. on 9 March 2023.

CIECH's 2022 results: record results thanks to the full use of the market potential

24.03.2023

In 2022, the CIECH Group generated PLN 1.03 billion (adj.) EBITDA[1] (+45% y/y). The Group's revenues amounted to over PLN 5.4 billion (+55% y/y), while net profit increased by 158% y/y to PLN 565 million. The results settle at the upper end of the...

CIECH Cargo began transporting liquid fuels for Olavion customers

08.02.2023

CIECH Cargo, a logistics company within the CIECH Group, organized the first transport of liquid fuels, commissioned by Olavion – a rail transportation company currently under acquisition by the Unimot Group. The load of diesel oil was transported...

Mirosław Skowron resigned from the position of Member of the Management Board of CIECH S.A.

02.02.2023

Mirosław Skowron, Member of the Management Board of CIECH S.A., resigned from his position on January 31, 2023. For the next six months, Mirosław Skowron will remain in the organization and fulfill the role of Management Board Advisor.

Halvetic begins another year of global expansion – plans include entry into the Italian and British markets

26.01.2023

Halvetic – an innovative and sustainable crop protection product, begins its third year of expansion in global markets. The product has already been launched in 13 countries and CIECH Sarzyna plans to expand its distribution in 2023 to include Italy...

CIECH Cargo among the companies with the Business Gazelle 2022 title

18.01.2023

CIECH Cargo, a company that is part of the CIECH Group – one of the largest chemical groups in Central and Eastern Europe, was awarded the Business Gazelles 2022 title. For the 23rd time, the daily newspaper Puls Biznesu has published a list of the...

CIECH Ventures among investors in MagREEsource, a French startup that recycles rare metals and produces permanent magnets

13.01.2023

CIECH Ventures, a technology start-up company, has become one of the investors in MagREEsource, which has developed a breakthrough solution for recycling and manufacturing permanent magnets based on rare earth metals – components needed, among other...

CIECH Pianki obtained the prestigious ISCC Plus Certification, confirming the company's sustainable production approach

05.01.2023

CIECH Pianki is a manufacturer of flexible PUR foams used in the production of furniture and mattresses. It is the first company in Poland, and possibly in Europe, to receive the prestigious ISCC Plus Certification (International Sustainability and...

CIECH Soda Polska signed a supply agreement to provide brine to its production plant up until 2035

22.12.2022

Thanks to the signed agreement between CIECH Soda Polska and Inowrocław Salt Mines "Solino", CIECH's production plants in Inowrocław and Janikowo up until 2035 will be supplied with brine – the raw material necessary for the production of soda and...

Specialized drones scanned the CIECH’s production plant in Inowrocław for infrastructure condition and air quality

21.12.2022

Modern drones were used at the CIECH production plant in Inowrocaw to perform a variety of tasks, including inspecting the condition of infrastructure, buildings, or waste ponds. Moreover, drones evaluated the tightness of several hundred kilometers...

CIECH Ventures among investors of innovative start-up Ecobean

01.12.2022

CIECH Ventures has become an investor of Ecobean start-up, which has developed a proprietary technology to process waste coffee grounds into sustainable raw materials and specialty chemicals, using a scalable, high-tech solution that reduces carbon...

The first three quarters of 2022 have been the best such period in the history of the CIECH Group in terms of generated results

30.11.2022

After nine months of 2022, the CIECH Group generated net profit of PLN 233 million on continuing operations, i.e. 36 percent more than in the same period of 2021. The adjusted EBITDA result increased by 19% y/y – up to PLN 661 million. The results...

The CIECH Group revises upward forecast for 2022 – almost PLN 5.5 billion in revenue, nearly one billion in EBITDA result

24.11.2022

Based on the analysis of the current market and operational situation, CIECH S.A. assesses that the Company's financial results for 2022 will be better than those presented in the forecast in April this year. The increased forecast assumes...

CIECH S.A. plans to pay an interim dividend for the year 2022 in the total amount of PLN 79 mln

17.11.2022

The Management Board of CIECH S.A. decided to pay an interim dividend for 2022, in the amount of PLN 79 million, i.e. PLN 1.50 per share. The record date for determining the rights to the advance payment for dividend is December 22 – the payment date...

The CIECH Group will take care of the health of its employees with its new “ZdrowiejMY” wellbeing programme

24.10.2022

Special “Health Zones”, organised as part of employee picnics, free consultations with physiotherapists and physicians of selected specialisations, as well as the possibility of taking advantage of the services of qualified medical personnel in...

Another CIECH Vitrosilicon investment –new warehouse in Żary in 2023

18.10.2022

CIECH Vitrosilicon, one of Europe's leading producers and a sales leader in sodium silicate, plans to build a new warehouse. The modern facility will be built in 2023 in Żary's plant. It remains another significant development project for CIECH...

CIECH’s report as the best financial statements in the “The Best Annual Report 2021” competition

14.10.2022

The jury of the 17th edition of the prestigious competition “The Best Annual Report” recognised the report of CIECH S.A. for 2021 as the best in the “Enterprises” category. The Institute of Accountancy and Taxes promotes annual reports, prepared by...

First results of CIECH Group's collaboration with start-ups

26.09.2022

Initiating projects with scientists who research methods to reduce waste in soda production, establishing cooperation with a Latvian start-up developing CO₂ separation technology, as well as the first initiatives with start-ups operating in the...

The CIECH Group and EEW with joint terms of cooperation in the preparation phase of the investment in a new energy source for the Inowrocław plant

26.09.2022

CIECH S.A. and CIECH Soda Polska S.A. has signed an agreement with EEW Energy from Waste GmbH specifying the terms of their cooperation in the project involving construction of a thermal waste treatment installation in Inowrocław. The document...

Proplan introduces Halvetic to the Spanish plant protection market

21.09.2022

Spain remains the twelfth European country where CIECH obtained registration for Halvetic. Halvetic is CIECH Proplan’s innovative plant protection product that is based on the revolutionary and patented BGT, which allows preservation of the current...

CIECH Cargo wants to boost its employment and acquire more orders from external clients

08.09.2022

The CIECH Cargo company, part of the chemical Group, is looking for railroad employees in connection with its further development plans. The carrier wants to hire train drivers and auditors throughout Poland as well as drivers of powered railway...

Halvetic - a breakthrough herbicide by CIECH Sarzyna, registered in Slovakia and Poland, strengthens the company's position in this market segment

06.09.2022

An innovative plant protection product in the offer of CIECH Sarzyna - Halvetic - enters yet another foreign market. Slovak farmers will soon have access to it. Thus, the country will join the group of nine other, besides Poland, European markets,...

The APC system is already operating in the CIECH factories in Inowrocław and Stassfurt, preparations are underway for its implementation in Janikowo

01.09.2022

The Advanced Process Control – a system optimising the operation of sodium carbonate (soda ash) production lines - is already operating in the CIECH soda plants in Inowrocław (CIECH Soda Polska) and Stassfurt (CIECH Soda Deutschland), improving their...

CIECH S.A. plans to distribute an interim dividend for 2022 in the amount of PLN 79 million

26.08.2022

The Management Board of CIECH S.A. decided to pay interim dividends for 2022. The Management Board intends to make an advance payment towards the dividend in the total amount of PLN 79 million, i.e. PLN 1.50 per share. Detailed information, i.e. the...

Results of the CIECH Group after the first half of 2022: increase in revenues and net profit despite the demanding macroeconomic environment

26.08.2022

In the first half of 2022, the CIECH Group generated PLN 431 million of normalised (N) EBITDA, which means an increase by 5% y/y, and PLN 148 million of net profit, i.e. 14 percent more than in the same period last year. Product and geographic...

CIECH Group’s table salt from German saltworks with the prestigious International Food Standard certificate

18.07.2022

CIECH Salz has obtained the prestigious International Food Standard certificate, which indicates the highest quality of table salt production. Moreover, the certificate confirms compliance with maintaining all procedures related to the operation of...

CIECH Group actively participated in SelectUSA Investment Summit

29.06.2022

The President of the Management Board of CIECH S.A., Dawid Jakubowicz, and the Member of the Management Board of CIECH S.A., Jarosław Romanowski, represented the CIECH Group during the SelectUSA Investment Summit – the most important event promoting...

Kamil Majczak as a new member of the Management Board of CIECH S.A.

02.06.2022

On 1 June 2022, the Management Board of CIECH S.A. was joined by Kamil Majczak, appointed to the office of a Member of the Management Board on 18 May this year by the Supervisory Board of the company. Thus, the functioning of CIECH S.A. will be...

CIECH Group with the second best quarterly result in its history, a three-digit increase in EBITDA in the Agro Business

18.05.2022

In the first quarter, the CIECH Group generated PLN 229 million of normalised EBITDA, which means an increase by 3% year-on-year. At the same time, it is the second best result in the history of the chemical Group – CIECH achieved better results, at...

CIECH’s new strategy: in 2024, the Group is to be even more competitive and innovative; possible acquisitions

18.05.2022

Further increase of the potential to generate operating flows in order to regularly pay dividends, the possibility of acquisitions within core businesses, as well as further transformation of the Group due to digitisation and innovation processes –...

CIECH joins the group of investors in the Emerald fund and increases its activity in the area of collaboration with startups

10.05.2022

CIECH S.A. announced that it has joined an investment fund from global cleantech pioneer Emerald Technology Ventures, based in Zurich, Switzerland, with the aim of accelerating CIECH’s sustainability transformation. At the same time, the Group is...

Increasingly better results of the innovative CO2 recycling technology used in CIECH

25.04.2022

The innovative CO₂ capture installation, used at the CIECH plant in Inowrocław, based on the carbon dioxide capture and recovery method in the sodium carbonate (soda ash) production process, has undergone the first stage of modernisation, which has...

Siemens creates a soda production line simulator for the CIECH Group; the goal is to increase the efficiency of the production process

14.04.2022

The CIECH Group, the second largest European producer of sodium carbonate (soda ash) and sodium bicarbonate (baking soda), and Siemens, a global leader in digitisation of industrial production, are working together to create a complete soda...

Summary of the CIECH Group's strategy for 2019-2021

04.04.2022

The implementation of the largest investment programme in the history of the Group, with a value of nearly PLN 2 billion and financed from current operations, decentralisation and creation of independent business lines, while streamlining internal...

Results of the CIECH Group in 2021 as a strong basis for development in the quarters and years to come

30.03.2022

In 2021, the CIECH Group increased its (adj.) EBITDA^[1] by 24%, to PLN 727 million, which means that the forecast from the spring last year was achieved, despite the perturbations related to the unexpected increase in raw material prices in the...

The CIECH Group supports the victims of the war in Ukraine

25.03.2022

The CIECH Group has been monitoring the situation regarding the war in Ukraine from the very beginning, analyzing various possibilities of supporting citizens and residents of this country affected by the conflict. The need for assistance grows with...

CIECH continues to expand its Agro business in Romania

09.03.2022

For years, CIECH has been consistently developing the strategy of foreign expansion of its businesses – including the Agro segment. Today, the Group is present with its plant protection product offer in more than 50 countries around the world, and...

CIECH has successfully completed soda contracting for 2022 with the entire volume placed on the market

23.02.2022

CIECH has completed the contracting process for the entire volume of soda produced in the Polish and German factories of the Group. Soda ash and sodium bicarbonate will reach about 400 customers worldwide, including the largest global industrial...

CIECH is developing its soda transport using a low-emission truck fleet

13.01.2022

As part of its cooperation with the LPG Polonia carrier, the CIECH Group has started a large-scale transport of sodium carbonate and sodium bicarbonate with the use of LNG (liquefied natural gas) powered vehicles, characterised by lower emissions –...

A successful year for the Halvetic brand, further foreign expansion and a more efficient production method are being planned

10.01.2022

An innovative plant protection product manufactured by CIECH Sarzyna - Halvetic 180 SL - had a very successful market debut. Launched in spring 2021, the product strengthened the company's position in the segment of glyphosate-based plant protection...

CIECH's results in the third quarter: higher EBITDA and revenues, good prospects for the soda market

25.11.2021

In the third quarter of 2021, the CIECH Group generated a higher (adj.) EBITDA result than in the previous year (PLN 145 million vs. PLN 142 million), while operating in an environment of dynamic growth in raw material prices and other costs. After 9...

The commissioning of a new furnace for the production of silicates has started at Żary, an investment worth PLN 80 million

04.11.2021

Last weekend, after the successful heating of the furnace to the temperature of 1450 degrees Celsius and the feeding of the raw materials, the first batch of sodium silicate was manufactured – it was the crucial point of the commissioning phase of a...

Revenues and EBITDA of the CIECH Group with double-digit growth dynamics in the second quarter; the 2021 forecast sustained

23.09.2021

In the second quarter of 2021, the CIECH Group generated a 40 percent higher adjusted (adj.) EBITDA than in the previous year (PLN 188 million vs. PLN 135 million), at the same time, it recorded an increase in its revenues by 21 percent (PLN 835...

The CIECH Group will join the Science Based Targets initiative, supporting businesses in setting their climate goals based on scientific knowledge

20.09.2021

The CIECH Group, as the first of the large industrial companies in Poland, joined the Science Based Targets initiative (the “SBTi”), created, among others, by: the United Nations Global Compact, the Carbon Disclosure Project, the World Resource...

CIECH and Synthos Green Energy will be cooperating in the use of nuclear energy

08.09.2021

CIECH S.A. companies and Synthos Green Energy S.A. have signed a letter of intent regarding their cooperation in the use of SMR (Small Modular Reactors) and MMR (Micro Modular Reactors) technology. As part of their cooperation, both entities will...

The CIECH Group summarised the first quarter of 2021: higher revenues and EBITDA profit, strong growth of the Agro and Foam businesses

27.05.2021

The CIECH Group, a leading manufacturer of, among others, soda and salt in Europe, in the first quarter of 2021 recognised an annual increase in revenues (by 9%) and adjusted EBITDA profit (by 59%). At the same time, fixed expenses remained under...

First batch of test salt manufactured at the Stassfurt Plant

21.05.2021

Upon completion of the main construction work at the new CIECH evaporated salt plant in Stassfurt, Germany, the new factory was officially put into commissioning. On 21 May, after the assembly of the technology had been verified, a test batch of wet...

The new ESG Strategy of the CIECH Group: eight commitments for the sustainable development

11.05.2021

Climate neutrality by 2040, reducing the amount of energy needed in production processes, protection of natural resources, implementing the idea of a circular economy in everyday business operations, employee development and improved work safety –...

The CIECH Group forecasts an increase in EBITDA by 20-25 % in 2021

22.04.2021

As estimated by CIECH S.A., as a result of its investments, improved efficiency of its production processes, a wider product offer, and the economic recovery, the Group's adjusted EBITDA in 2021 may increase by approx. 20-25% compared to the reported...

CIECH's results in 2020: the Group is resistant to the economic slowdown

22.04.2021

The CIECH Group, the second largest manufacturer of sodium carbonate and sodium bicarbonate in Europe, the largest supplier of silicates in the EU and the largest Polish manufacturer of plant protection products and evaporated salt, has published its...

The construction phase of the largest investment in CIECH’s history is coming to its end: a modern evaporated salt plant in Stassfurt

06.04.2021

The main construction work on the site of the new salt plant in Stassfurt, Germany, is coming to an end. Despite the coronavirus pandemic, a modern plant was built in just a year , which will ultimately produce approx. 450 thousand tonnes of...

Piotr Augustyniak has resigned from his membership in the Supervisory Board of CIECH

16.03.2021

On 16 March, Mr Piotr Augustyniak tendered his resignation from the position of a Member of the Supervisory Board of CIECH S.A., who had held this position since 2014. Mr Piotr Augustyniak acted in the capacity of the Chairman of the Audit Committee.

The CIECH Group has obtained long-term financing for the further development of its activity

16.03.2021

CIECH Group companies have entered into a loan agreement with a consortium of banks in order to obtain attractive financing with a total value of over PLN 2 billion, allowing for the extension of the maturity of the current debt structure. The...

The CIECH Group has finalised the sale of its Resins BU to LERG Group

02.03.2021

CIECH S.A. signed an agreement for the sale of 100% of shares of CIECH Żywice (Resins) with LERG S.A., thus finalising a transaction, the value of which is approx. PLN 160 million. The preliminary agreement was signed in July 2020, and the...

CIECH has registered a breakthrough glyphosate formulation technology

25.02.2021

CIECH Sarzyna, the largest Polish manufacturer of crop protection products, has registered an innovative and patent-protected BGT technology (“Better Glyphosate Technology”), which makes it possible to maintain the current effectiveness of...

Sodium bicarbonate from the CIECH’s factory in Germany has received a pharmaceutical market authorisation

29.01.2021

CIECH Soda Deutschland (CSD) has obtained the prestigious GMP (Good Manufacturing Practice) certificate, attesting to the highest quality of sodium bicarbonate production. This allows the German company of the CIECH Group to enter the promising...

CIECH: higher profits despite the economic slowdown, with solid financial foundations

18.11.2020

In the third quarter of 2020, the CIECH Group generated a higher adjusted (Adj.) EBITDA result than last year (PLN 144 million vs. PLN 132 million), once again making itself distinguished from the main competitors in the soda industry worldwide. At...

CIECH implements Honeywell Forge Advanced Process Control to drive digital transformation

28.09.2020

CIECH Group has selected Honeywell Forge software platform to increase digitalization and drive operating efficiency at two of CIECH’s soda ash factories in Europe.

CIECH able to limit the effects of the economic slowdown in Q2 this year - soda segment with a high margin and good results of the Agro business

08.09.2020

In the second quarter of 2020, the CIECH Group generated a slightly higher adjusted EBITDA result ((adj.) EBITDA) than in the previous year (PLN 153 M vs. PLN 151 M) , while recognising at the same time a decline in revenues by 7% as a result of the...

CIECH Group has joined the United Nations Global Compact!

29.07.2020

CIECH Group has joined the United Nations Global Compact – the world's largest initiative bringing together businesses striving for sustainable development, established in 2000 by the UN Secretary General – Kofi Annan. Our involvement in the work of...

The CIECH Group summed up the first quarter of 2020: increase in the margin in the soda segment, results due to the issues not related to operating activities

27.05.2020

The CIECH Group generated solid results in the first quarter of 2020: the EBITDA margin (Z)^[1]was maintained at 17%, and in the case of the basic soda segment, it increased to 23% despite the production stoppage in Romania and the weakening economic...

The German investment of CIECH may increase the Group EBITDA by approx. EUR 25 million per annum

02.04.2020

A company of the CIECH Group, CIECH Saltz Deutschland, involved in a salt business in Germany, has signed a contract with a value EUR 44 million for the construction and installation of facilities in a new evaporated salt plant, which is being...

CIECH Group has summarised 2019: better results and stable financial foundations for demanding times

31.03.2020

The CIECH Group, the second largest producer of sodium carbonate in Europe and the largest Polish manufacturer of plant protection products (PPPs) and evaporated salt, published its results for 2018. The Group's revenues amounted to PLN 3,548.9...

CIECH Group has taken numerous measures to protect its employees, customers and suppliers against the effects of the COVID-19 pandemic

25.03.2020

In the CIECH Group’s production facilities and companies, a number of measures have been introduced to protect employees' health and minimise the risk of the spread of coronavirus. All Group plants are operating in accordance with the detailed...

CIECH Soda Romania forced to suspend its production in the long run and implement the voluntary redundancy programme

25.03.2020

The six-months’ negotiations on the resumption of the supply of process steam of an acceptable price to the Romanian soda factory of the CIECH Group have been ineffective so far. Accordingly, CIECH Soda Romania, which can no longer bear the cost of...

EY Report: CIECH generated PLN 1.7 billion of added value for the Polish economy and over 11 thousand jobs

04.03.2020

EY, a global leader in professional business consulting services, has published an expert report on the CIECH Group’s impact on the Polish economy, with particular emphasis on the industrial sector. The elaboration shows that the operations of the...

15 years of CIECH shares on the Warsaw Stock Exchange

10.02.2020

On 10 February 2005, the shares of CIECH S.A. had their debut at the Warsaw Stock Exchange. At the time, the price in the public offering was PLN 24 per share, while PLN 29.60 per share was the price paid at the debut. During 15 years of its presence...

CIECH is to diversify its sources of salt brine supply and continues talks with Gaz-System on the construction of a salt mine

07.02.2020

CIECH S.A. companies and GAZ-SYSTEM have agreed on further terms and conditions of the joint venture involving the construction by GAZ-SYSTEM of a salt mine and a gas storage facility at the Damaslawek salt dome. Both entities have signed further...

CIECH has completed soda contracting for 2020

27.01.2020

The CIECH Group has finished contracting on the soda ash market for 2020. Soda from Polish and German CIECH plants will reach approx. 300 locations around the globe. Despite the slowdown observed in the automotive and construction industries, the...

CIECH S.A. awarded the “Company of the Year 2020” title

18.01.2020

During a formal gala - “Bal Parkietu” (Equity Trading Floor Ball), organised by the publisher of the prestigious "Gazeta Giełdy i Inwestorów Parkiet" daily newspaper, CIECH S.A. was awarded the "Star of the Year 2020" title in the "Company" category....

CIECH signed a letter of intent with GAZ-SYSTEM on establishing cooperation in the construction of a salt mine and an underground gas storage facility and cooperation in the supply of salt brine to CIECH Soda Polska

05.12.2019

On 5 December 2019, a letter of intent was signed between CIECH and an Industrial Gas Pipeline Operator, GAZ-SYSTEM on establishing cooperation in the implementation of an investment, consisting in the construction by GAZ -SYSTEM of a salt mine and...

Basic businesses within the CIECH Group will operate as separate companies

25.11.2019

Pursuant to the provisions and objectives of the CIECH Group Strategy for 2019-2021, according to which CIECH is to become a diversified chemical holding, the Management Board of CIECH S.A. has adopted a plan to reorganise the Group. The plan...

In the third quarter of 2019, adjusted EBITDA result of the CIECH Group increased by 8 percent

19.11.2019

Over 20% margin in the soda segment, changes in the structure of the organic segment and good results in the sales of silicates - these are the key events of the third quarter in the CIECH Group, which enabled the Group to achieve an adjusted EBITDA...

CIECH S. A. additional write-down for impairment of CIECH Soda Romania assets without impact on the adjusted EBITDA result

14.11.2019

The Management Board of CIECH SA decided to create in the consolidated financial statements for the third quarter of 2019 an impairment loss of PLN 36. 8 million related to the cessation of supplies of process steam to CIECH Soda Romania ("CSR";) by...

CIECH R&D to partner a science and research conference "Science: Polish Perspectives"

09.11.2019

On 8 and 9 November this year, an interdisciplinary conference, “Science: Polish Perspectives”, was held at the University of Cambridge, targeted at Polish researchers working outside Poland. With over 200 participants, the event was an opportunity...

Artur Osuchowski resigned from the position of Member of the Management Board of CIECH SA.

25.10.2019

After 11 years in the Management Board of CIECH SA, Artur Osuchowski resigned from his position. Currently, the Company's Management Board is composed of two members and consists of Dawid Jakubowicz, President of the Management Board of CIECH SA and...

CIECH with the main award in the prestigious “The Best Annual Report 2018” competition

17.10.2019

The jury of the prestigious 'The Best Annual Report 2018' competition considered the report by CIECH S.A. to be one of the three best annual reports of 2018 on the Polish market. The purpose of the competition is to promote reports offering the...

CIECH Group’s results for Q2 2019: PLN 945 M revenues and PLN 176 M adjusted EBITDA result

10.09.2019

Higher prices of soda ash, the basic product of the CIECH Group, a strong position on the salt market and the development of specialised businesses, enabled the Group to generate in the second quarter the adjusted EBITDA result at the level of PLN...

CIECH S.A. shares are included in the new, prestigious index of the Three Seas region stock exchange

06.09.2019

CIECH S.A. shares are included in the new, prestigious index of the Three Seas region stock exchanges, which will include the largest and most liquid companies listed on individual markets of the Visegrad Group, Croatia, Romania and Slovenia. The WSE...

CIECH becomes a part of new Warsaw Stock Exchange Index - WIG-ESG

26.08.2019

CIECH S.A. is one of 60 companies included in the new WSE index - WIG-ESG. Publication of the new index will start from September 3, 2019 and wil include companies from WIG20 and mWIG40. The shares of companies in the WIG-ESG index are determined on...

CIECH Soda Romania is forced to start preparations for stopping production from 18 September 2019

09.08.2019

CIECH commences preparations to halt production in its Romanian soda factory from September 18th 2019. The direct reason for this decision is the termination of the existing contract for the supply of technological steam with CET Govora, CIECH’s only...

CIECH launches a crowdsourcing project for engineers, scientists and institutions worldwide

08.07.2019

CIECH Group, one of the largest chemical companies in CEE, launched its first crowdsourcing programme. Its purpose is to use the creativity of a wide range of scientists, engineers, institutions or enthusiasts, and working out effective solutions for...

The CIECH Group will take advantage of the favourable situation in the soda market and will increase the efficiency of production in the soda business

08.07.2019

In accordance with the provisions of the Group's strategy for 2019-2021, CIECH has started several initiatives aimed at increasing the efficiency of production in the soda business. This is the core business of the Group in terms of its contribution...

The CIECH Group is launching a new production line for specialised sodium bicarbonate in Germany, used, among others, in dialysis.

07.06.2019

The new line for the production of sodium bicarbonate does not only increase the production capacity of the factory located in Stassfurt by more than 80 percent (50,000 tonnes per year), but it will also contribute to the expansion of the Group’s...

The CIECH Group supplies soda to the new Euroglas glassworks in Ujazd, Poland, being a growing glass producer

05.06.2019

In May, Euroglas officially launched a new float glass production line in Ujazd. The completion of the investment means a significant increase in the annual production of this plant, and thus - a corresponding increase in the supplies of soda ash...

Solid results and intensive development in a demanding market environment – CIECH Group has summarised 2018

26.03.2019

CIECH Group, the second largest producer of sodium carbonate in Europe and the largest Polish manufacturer of crop protection products (PPPs) and evaporated salt, published its results for 2018. The Group's revenues amounted to PLN 3672.7 million,...

CIECH in the second round of the Issuer’s Golden Website [Złota Strona Emitenta] Competition

11.02.2019

The Polish Association of Listed Companies [Stowarzyszenie Emitentów Giełdowych] has qualified CIECH S.A. to the second round of the Issuer’s Golden Website Competition in which the websites of listed companies are evaluated. The ri.ciechgroup.com...

The Supervisory Board has approved the CIECH Group Strategy for 2019 – 2021

07.12.2018

Creation of a chemical holding company with EBITDA generated from businesses other than soda in 2021 at a minimum level of 35%; the development will be based on increased efficiency, even better customer service and expansion in the area of...

CIECH S.A. entered the FTSE Russell developed markets index

24.09.2018

On Septmeber 24th 2018 the shares of CIECH S.A. were registered on the FTSE Russell developed markets indices. The Company was classified under the „small-cap” entities. This is an effect of the FTSE Russell’s decision to requalify Poland from...

Changes in CIECH S.A. Management Board

10.09.2018

On 10 September, Mr Maciej Tybura submitted his resignation from the function of the President of the Management Board of CIECH due to personal reasons. Because of that decision, on Monday, 10 September, the Supervisory Board of CIECH delegated Mr...

The results of the CIECH Group for the second quarter 2018: higher revenues and expansion to new markets

07.09.2018

Increased presence in Asian markets, cost discipline in view of growing prices of energy materials and CO2 certificates, as well as development of the product portfolio helped the CIECH Group to gain revenues in the second quarter of 2018 at the...

CIECH finalised the take-over of 100% of shares in a Spanish company, Proplan

26.07.2018

CIECH S.A. acquired 100 percent of shares in Proplan – a Spanish supplier of crop protection products operating on three continents. Thanks to this, CIECH has gained access to new sales markets in southern Europe, North Africa, South America and...

CIECH Group will produce more glassy sodium silicate used, among others, in the tire and cosmetics industries

13.07.2018

At the CIECH Vitrosilicon plant, the production capacity of glassy sodium silicate has just been extended by more than 20 percent. Worth PLN 4 million, the project is yet another investment – after the replacement of the furnace in 2016 with one of...

General Meeting of CIECH SA: dividend of PLN 395.2 m to be distributed to shareholders

25.06.2018

The General Meeting of CIECH SA passed a resolution on the distribution of dividend from the profit for 2017, in the amount of PLN 243.9 m, and transfer the amount of PLN 151.3 m from supplementary capitals created from profits from previous years,...

CIECH at the WallStreet 22 Conference

05.06.2018

On 25-27 May 2018, representatives of CIECH S.A. participated in the 22nd edition of the WallStreet Conference organized by the Polish Association of Retail Investorsin Karpacz. During the event, individual investors had an opportunity to learn more...

The CIECH Group achieved good financial results thanks to its foreign expansion and cost control

01.06.2018

The CIECH Group - being determined in the implementation of a strategy of product portfolio development, international expansion and strict cost control - achieved sound financial results in the first quarter of 2018. Revenues amounted to 885.7 mln...

CIECH Group takes over a Spanish supplier of crop protection products operating on three continents

29.05.2018

CIECH S.A. signed a contract worth EUR 33.5 M for the purchase of 75 % of shares in a Spanish company – Proplan. Thus, it gained control over the company having over 120 active registrations of crop protection products, present on three continents....

CIECH Group: one of the largest high-storage warehouses in the region is already operating in Janikowo

21.05.2018

Automatic satellite trolleys, shelves with a height of a six-storey building and the storing capacity of 13,000 tons of salt products - one of the most modern, largest and most automated high-storage warehouses in Kujawy region of Poland is already...

CIECH in the final stage of Polish Association of Listed Companies „Best IR website” contest

18.04.2018

Polish Association of Listed Companies has qualified CIECH S.A. to the final stage of the 11th edition of the prestigious contest „Złota Strona Emitenta”, which rewards the best websites of the listed companies. Its website, ri.ciechgroup.com, has...

Krzysztof Szlaga appointed as Member of the Management Board

12.03.2018

Supervisory Board of the CIECH S.A. appointed Mr. Krzysztof Szlaga as Member of the Management Board of the CIECH S.A., with effect as of 12 March 2018. Mr. Krzysztof Szlaga will be responsible for areas of Finance, Procurement and IT.

Development of new products and foreign expansion are the priorities of CIECH Sarzyna for 2018

16.01.2018

CIECH Sarzyna, the largest Polish producer of crop protection chemicals, presented its development plans for 2018. The foundations for the development of the AGRO business of the CIECH Group are also meant to be intensive research and development...

The CIECH Group develops its facilities and competence in the area of logistics

10.01.2018

CIECH is implementing its development strategy whose purpose is building a diversified chemical group with a strong position in international markets. To that end, it also intends to improve the level of customer service, inter alia through the...

Another investment by CIECH – increased production capacity and specialised dialysis soda in the portfolio

29.11.2017

Work is now underway in Germany on one of CIECH Group's key investments. Modernisation and expansion of the sodium bicarbonate production lines will make it possible to expand the Group's portfolio with products like dialysis soda – the most...

CIECH is expanding its salt business – the preparatory stage of its EUR 100 M investment has just been initiated

24.11.2017

The Management Board of CIECH S.A. has decided to initiate the preparatory stage for the construction of a completely new evaporated salt production plant in Stassfurt, Germany. The planned location of the new factory is close to the existing soda...

CIECH Group is expanding its AGRO business with specialised fertilisers - SARPLON

23.11.2017

CIECH Group, today, the largest Polish producer of plant protection products, has expanded its offer in the AGRO segment with a new category - professional specialised fertilisers. The company launched this category with the SARPLON(r) product line,...

CIECH Group’s Q3 2017 results: higher revenues and EBITDA in the organic segment

20.11.2017

In the third quarter of 2017, CIECH Group’s consolidated revenues amounted to PLN 836.3 million (compared to PLN 853.9 million in the third quarter of 2016), and normalised (n) EBITDA amounted to PLN 178.4 million (compared to PLN 212.8 million a...

CIECH Group to expand its portfolio of salt products

11.09.2017

The CIECH Group – the largest producer of evaporated salt in Poland, is about to introduce more salt products to its offer. In Janikowo near Inowrocław, CIECH will expand its existing salt production plant with a new line for the production of salt...

CIECH Group: Solid financial results in Q1 2017

17.05.2017

The CIECH Group generated solid financial results in the first quarter of 2017. Revenue stood at PLN 898 million (compared to PLN 826 million the previous year), and normalised EBITDA (N) amounted to PLN 187 million compared to PLN 206 million the...

Rebranding of CIECH's soda products. New brands set apart the portfolio of specialist products manufactured by the Group

06.04.2017

CIECH is an international, professionally-managed group with Polish roots, with a well-established position of a leader of the chemical sector in Central and Eastern Europe. It manufactures products which are used in the production of articles...

Strong results of the CIECH Group in 2016 owing to investments and strengthening its international position

21.03.2017

In 2016, the CIECH Group generated favourable financial results. Revenue, operating profit and normalised EBITDA (N) increased as compared to 2015, reaching the amount of PLN 3,455 million, PLN 660 million and PLN 877 million respectively. The high...

CIECH Sarzyna changes its packaging for AGRO products. Legibility and user comfort are the priority.

23.02.2016

In the new year, CIECH Sarzyna continues the process of introducing positive changes in the organisation. Following on from the reorganisation of the existing distribution and sales channels, a new communication quality has been introduced for...

CIECH new corporate film – “The Future is with Us”

01.02.2016

We have created a new corporate film for you about the CIECH Group: “The Future is with Us”.