Oslo, 29 January 2016: Yara International ASA will take an asset impairment charge of approximately NOK 1,150 million in its fourth-quarter 2015 results, of which approximately NOK 930 million relates to the Yara production plants in Montoir (France) and Trinidad. Yara's fourth-quarter 2015 operating income is expected to be approximately NOK 0.7 billion, while EBITDA is expected to be approximately NOK 3.5 billion. The [...]
Yara Yara International ASA fourth quarter 2015 results will be released on Thursday 11 February 2016. The results will be available at www.yara.com from 08:00 CET. The results will be presented at 09:30 CET by President and CEO Svein Tore Holsether and CFO Torgeir Kvidal. The presentation will take place at Yara's headquarters in Drammensveien 131 (Oslo) and will be webcast at www.yara.com. The presentation will be held [...]
Oslo, 4 December 2015: Yara International ASA has signed an agreement to acquire Greenbelt Fertilizers, a leading distributor of fertilizers in Zambia, Malawi and Mozambique for USD 51 million. Zambia with its neighbouring countries make up a fast-growing agricultural region with low but increasing fertilizer application rates, and Yara expect continued fertilizer demand growth in the region. Greenbelt started [...]
Tampa FL, 3 December 2015: Yara has signed an agreement to acquire the assets of West Sacramento Nitrogen Operations from Agrium for a purchase price of USD 27 million. Yara will utilize the location as an import terminal for finished products, optimizing the site within the total footprint of Yara's West Coast operations. The transaction is expected to close by the end of 2015, pending satisfaction of customary legal [...]
Oslo, 30 November 2015: Liberty Metals & Mining Holdings, LLC, a subsidiary of Boston-based Liberty Mutual Insurance ("LMM") has acquired 25% of the shares in Yara Dallol B.V. ("Yara Dallol") for USD 51.25 million. Yara's share of the proceeds is USD 35.4 million. Reference is made to the press release on 13 February 2015, confirming the feasibility of extracting potash in the Danakil depression in North-Eastern [...]
Oslo, 12 November 2015: On 11 November 2015 the Yara employee share trust ("Stiftelsen For Ansattes Aksjer i Yara") purchased 8,000 Yara shares in the market at an average price of NOK 405.14 per share, as part of Yara's employee share purchase program in Norway. Every permanent Yara employee in Norway can take part in the annual offer to buy Yara shares to a value of NOK 13,500 with a tax-exempt discount of NOK 1,500 [...]
Oslo, 2 November 2015: Yara International ASA has paid USD 185 million deferred consideration and capital injection for the Salitre phosphate project, based on project progress and in accordance with agreements entered into with the acquisition of 60% of Galvani (Brazil) on 1 December 2014. Reference is made to earlier Yara announcements on 5 August 2014 and 1 December 2014. The USD 185 million is paid based on project [...]
Oslo, 29 October 2015: Yara International has acquired 100% of the shares in Apache Fertilisers Pty Ltd, which holds Apache's 49% ownership position in Yara Pilbara Holdings Pty Ltd (YPHL), for USD 391 million. YPHL owns 100% of the Yara Pilbara Fertilisers Pty Ltd (YPF). YPF in turn owns the Yara Pilbara ammonia plant, which has a production capacity of approximately 850,000 tonnes per annum. In 2014 the Yara Pilbara [...]
Oslo, 21 October 2015: Yara International ASA delivered strong third-quarter results, with EBITDA excluding special items up 15% compared with a year earlier, mainly driven by a stronger US dollar and higher sales volumes as a result of the OFD and Galvani acquisitions. "I am pleased to see continued growth in our premium product deliveries during the quarter, with the strongest growth in overseas markets," said Svein [...]
Yara International ASA third quarter 2015 results will be released on Wednesday 21 October 2015. The results will be available at www.yara.com from 08:00 CEST. The results will be presented at 09:30 CEST by President and CEO Svein Tore Holsether and CFO Torgeir Kvidal. The presentation will take place at Yara's headquarters in Drammensveien 131 and will be webcast at www.yara.com. The presentation will be held in [...]
Yara International ASA third quarter 2015 results will be released on Wednesday 21 October 2015. The results will be available at www.yara.com from 08:00 CEST. The results will be presented at 09:30 CEST by President and CEO Svein Tore Holsether and CFO Torgeir Kvidal. The presentation will take place at Yara's headquarters in Drammensveien 131 and will be webcast at www.yara.com. The presentation will be held in [...]
Oslo, 29 September 2015: The Yara Prize 2015 is being awarded to Dr. Ousmane Badiane, Director for Africa, IFPRI, and Mr. Eric Kaduru, Founder and CEO, KadAfrica. The Yara Prize Committee has selected two prominent African laureates for their work related to African agricultural development, food security and the continent's green revolution. Both laureates have, through their personal commitment and special efforts [...]
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