Company Overview of Z.CH. Organika-Sarzyna S.A.
Z.CH. Organika-Sarzyna S.A. produces and supplies chemicals. It offers crop protection products, such as herbicides, fungicides, and seed dressings, as well as active substances, including MCPA, MCPP, carbendazim, and sulphur. The company also provides basic epoxy resins that are used as semi-products in the production of paints and varnishes; epoxy compositions for construction industries and individual buyers; and processed epoxy products that are used as epoxy composites for specialized and direct applications. In addition, it offers unsaturated polyester resins, such as general purpose and chemical resistant laminates, puties, agglomerate marbles, acrylic bath products, resin capsules fo...
ul. Chemików 1
Nowa Sarzyna, 37– 310
Founded in 1937
Key Executives for Z.CH. Organika-Sarzyna S.A.
President of the Management Board
Director of Economic & Financial and Member of the Management Board
General Director and Member of the Management Board
Director of Logistics & Export and Member of the Management Board
Director of Manufacturing Cooridation and Member of the Management Board
Compensation as of Fiscal Year 2013.
Z.CH. Organika-Sarzyna S.A. Key Developments
Pulawy Reportedly Close To Acquire Organika-Sarzyna
Feb 5 14
Zaklady Azotowe Pulawy Spolka Akcyjna (WSE:ZAP) is close to purchase Z.CH. Organika-Sarzyna S.A. from Ciech SA (WSE:CIE). Talks between Pulawy and Ciech regarding sale of Organika-Sarzyna were rumoured to have reached a dead end in 2013 due to differences in price expectations. The value of the acquisition is likely to exceed PLN 500 million. The firms may strike a deal by the end of this quarter, with Pulawy waiting for Organika's financial reports for 2013. Neither of the parties involved is willing to officially confirm the date of signing the contract. Seeking a buyer for a 38.72% stake in Ciech, State Treasury of Poland wants the agreement to be concluded as soon as possible. According to market estimates, the shares are worth roughly PLN 633 million. If the price of the Organika-Sarzyna deal indeed exceeds PLN 0.5 billion, Ciech's ratings will go up, which would allow the Treasury to sell its stake in the latter at a higher price.
Ciech Updates On Organika-Sarzyna Sale
Nov 27 13
Ciech SA (WSE:CIE) will halt negotiations regarding the sale of Z.CH. Organika-Sarzyna S.A. until it receives a satisfactory offer. It may abandon efforts to sell the company, if no satisfactory offer is received. Azotowe Pulawy Spolka Akcyjna (WSE:ZAP) has already completed a due diligence on Organika-Sarzyna.
Ciech Not In Hurry To Sell Organika-Sarzyna
Nov 22 13
Ciech SA (WSE:CIE) is not in hurry to sell Z.CH. Organika-Sarzyna S.A. to Zaklady Azotowe Pulawy Spolka Akcyjna (WSE:ZAP). Rzeczpospolita daily's asked Ciech Chief Executive Officer Dariusz Krawczyk that IS Organika reportedly to be sold to Zaklady Azotowe Pulawy for at least PLN 500 million as Pulawy managers claim the transaction may be made soon? "The talks are still being held and I cannot say much. Surely, we are not in a tight spot any more, and we don't have to sell Organika at any cost. If we don't reach an agreement with Pulawy, it won't be a problem. We will be happy to retain this company that has increasingly better financial results, and will develop it. Its EBITDA totaled PLN 47 million in the first half, compared with merely PLN 18 million in entire 2012," replied Dariusz Krawczyk.
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