Poland's Nitro-Chem inks $390M deal to supply TNT to U.S. army
On Wednesday, chemical plant Nitro-Chem in Bydgoszcz signed an agreement with Paramount Enterprises International. The contract, valued at CAD 390 million, involves the delivery of TNT to the American army from 2027 to 2029.
Deputy Minister of Defence Cezary Tomczyk signed the agreement to deliver TNT to the American army. "This meeting is unique because we are sharing our capabilities and selling our products to the United States, to the company Paramount. Poland is the largest producer of TNT in NATO. Nitro-Chem is a plant we can be absolutely proud of," the Deputy Minister of Defence emphasized.
"Simultaneously, we are investing CAD 980 million in new ammunition factories (calibre - editor's note) 155 mm. This is a breakthrough in the Polish-American alliance and a huge step for our defence industry," added Tomczyk on the X service.
Nitro-Chem to deliver TNT for the U.S. army
He further mentioned that the newly signed contract, worth CAD 390 million, covers the delivery of 20,000 tonnes of TNT to the USA over three years. "Poland is the main supplier of TNT for the needs of the United States," said Tomczyk.
The Deputy Minister of Defence emphasized that in the coming years, the ministry plans to invest about CAD 320 million in the Bydgoszcz factory, which currently amounts to CAD 39 million.
