Poland's JSW extends deal with German Balta on coke supplies

The state-run JSW said that it signed an annex to the 2016 agreement with Balta which extends the supplies until end of 2030

The logo of JSW is seen on the company's headquarters in Mumbai. Photo: Reuters
The logo of JSW is seen on the company's headquarters in Mumbai. Photo: Reuters
Reuters Warsaw
Last Updated : Jan 29 2018 | 9:58 PM IST

Poland's JSW, which is the European Union's biggest coking coal producer, extended agreement on coke supplies with one of its biggest clients - Germany's Balta GmbH, JSW said on Monday.

The state-run JSW said that it signed an annex to the 2016 agreement with Balta which extends the supplies until end of 2030 from March 2021 and increases the deal's value to 9 billion zlotys ($2.69 billion) from 1.18 billion zlotys agreed in 2016.

 

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 29 2018 | 9:56 PM IST

Next Story