Brief: Grupa Azoty Says Hyundai Engineering Proposes Changes To Polimery Police Project Deal

Grupa Azoty Zaklady Chemiczne Police SA

30/08/2021 06:40

Aug 30 (Reuters) - Grupa Azoty SA  ATTP.WA :
    * SAID ON FRIDAY GENERAL CONTRACTOR FOR POLIMERY POLICE
PROJECT
HYUNDAI ENGINEERING CO STARTS PROCEDURE TO CHANGE EPC DEAL
    * PROPOSED CHANGES INCLUDE INCREASING CONTRACTOR'S
REMUNERATION BY
TOTAL EUR 127.4 MILLION, EXTENDING PROJECT DEADLINE BY 181 DAYS
AND CHANGING ATTACHMENT TO DEAL SETTING OUT EXTENT OF WORKS
    * REASON GIVEN BY CONTRACTOR FOR PROPOSED CHANGES IS
PARTICULARLY
IMPACT OF COVID-19 PANDEMIC ON IMPLEMENTATION OF PROJECT

    
    
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