STOCKHOLM, SWEDEN: Yara and Lantmännen are the first companies to sign a commercial agreement to bring fossil free green fertilizers to market. Produced with renewable energy, these green fertilizers are crucial for decarbonizing the food chain and offering consumers more sustainable food choices. Yara, a leading global fertilizer producer, and Lantmännen, northern Europe’s leading agricultural…
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Yara curtails ammonia production due to increased gas prices
OSLO, NORWAY: Record high natural gas prices in Europe are impacting ammonia production margins, and as a result Yara International is curtailing production at a number of its plants. Including optimization of on-going maintenance, Yara will by next week have curtailed around 40% of its European ammonia production capacity. Yara will continue to monitor the…
Yara sells LIFECO stake to Libya’s National Oil Corporation
OSLO: Yara International has entered into an agreement with Libya’s National Oil Corporation (NOC) and the Libyan Investment Authority (LIA) on 31 December 2020 to divest its full ownership interest in the Libyan Norwegian Fertiliser Company (LIFECO). Yara’s full legal ownership interest in LIFECO together with all economic rights and all obligations and liabilities attaching…