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Poland's Nitro-Chem signs deal to supply TNT to US-based PEI
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Poland's Nitro-Chem signs deal to supply TNT to US-based PEI
Apr 24, 2024 7:20 AM

WARSAW, April 24 (Reuters) - Polish explosives-maker

Nitro-Chem said on Wednesday it had signed deal to supply TNT

(trinitrotoluene) to U.S.-based Paramount Enterprises

International (PEI) for bombs and ammunitions.

On Tuesday, the U.S. Senate passed a $95 billion bill to aid

Ukraine and Israel, among others, and replenish U.S. stocks of

weapons shipped abroad. Global munitions manufacturers are

searching for suppliers of the chemical compounds needed for

artillery and other explosives.

"The agreement ... assumes regular deliveries of TNT to the

United States, which will be used to implement American

government weapons programs for 2026," Nitro-Chem, a subsidiary

of Poland's state-owned PGZ group, said in a press release.

"Strategic cooperation with Paramount Enterprises

International from the United States resulted in another

contract for the supply of TNT for producing Mk-series bombs and

large caliber ammunition."

Wednesday's deal is of similar scale to an agreement signed

by Nitro-Chem with PEI in November, the Polish company's

spokesperson told Reuters.

The values and volumes of both deals were not disclosed due

to confidentiality clauses, but would not involve increasing

employment nor an expansion of production lines by Nitro-Chem,

the spokesperson said.

Representatives of U.S. weapons-maker General Dynamics

Ordnance and Tactical Systems, owned by General Dynamics ( GD ),

and Poland's PGZ group were also present at Wednesday's deal

signing, according to Nitro-Chem.

Nitro-Chem is Poland's top armaments exporter and among the

leading explosives makers internationally, according to the

company's website.

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