Oslo, 20 April 2015: Due to the worsening security outlook in Libya, Yara sees a high likelihood of a further deterioration in 2015 of the operating ability of the Lifeco joint venture plants. Given an already challenging feedstock and financial situation for the joint venture, Yara has therefore decided to write down the value of its Lifeco investment by USD 112 million, leaving a remaining book value of USD 18 million [...]
Yara International will hold its Annual General Meeting on Monday 11 May at 17:00 CEST at Drammensveien 131, Oslo. The Nomination Committee proposes Maria Moræus Hansen as a new Board member, and the Board asks the General Meeting to authorize a new share buy-back program. The Nomination Committee proposes election for a period of one year of Maria Moræus Hansen as new Board member. Moræus Hansen will replace Hilde Merete Aasheim who has decided to resign from the Board. Moræus Hansen is a Norwegian citizen and Managing Director of the Norwegian affiliate of GDF SUEZ E&P since 2014, prior to which she held the position as Investment Director in Aker ASA. The Boar... [...]
(Oslo, 10 April 2015) Yara International ASA has appointed Terje Knutsen as Head of Downstream. He succeeds Egil Hogna, who has submitted his resignation. Knutsen will assume his new position on 1 May 2015. Yara's Downstream business unit manages the company's global sales, marketing and distribution of fertilizers. Terje Knutsen currently heads Yara's business unit for Downstream activities in North & East Europe. Prior [...]
(Oslo, 30 March 2015) The Board of Directors of Yara International ASA has appointed Mr. Svein Tore Holsether as the company's new President and Chief Executive Officer. He will succeed acting CEO Torgeir Kvidal within October 2015. Holsether currently serves as President and CEO of Sapa Group, a position he has held since 2011. Prior to this, he has held a number of management positions in Elkem, Orkla and Sapa [...]
Yara International ASA first quarter 2015 results will be released on Friday 24 April 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 Torgeir Kvidal and CFO Thor Giæver. The presentation will take place at the head quarter in Drammensveien 131 and will be webcast at www.yara.com. The presentation will be held in English. There will also be a conference call at 14:00 CEST the same day with an opportunity to ask questions to Yara's CEO and CFO. Norway dial-in number +47 21 56 31 20 - conference id: 952200 European dial-in number +44 207 162 0177 - conference id: 952200 US dial-in number +1 334 323 6201 - co... [...]
Yara has today published its 2014 Annual Report including complete 2014 Annual Accounts with notes. The report is available on Yara's website. Yara delivers solutions for sustainable agriculture and the environment. Our fertilizers and crop nutrition programs help produce the food required for the growing world population. Our industrial products and solutions reduce emissions, improve air quality and support safe and [...]
Oslo, 13 February 2015: A feasibility study, carried out on behalf of Yara International confirms significant potential to extract potash in the Danakil depression in northeastern Ethiopia.The independent study identified an annual production of 600,000 metric tons sulfate of potash (SOP) over 23 years from reserves (Kainite, Carnallite and Sylvinite) at Yara's Danakil concession. The company, which aims to begin mining [...]
Oslo, 11 February 2015: Yara International ASA delivered strong fourth-quarter results, with margins benefiting from lower European gas prices and a stronger US dollar. Yara's board will propose to the Annual General Meeting a dividend payment of NOK 13 per share for 2014."Yara reports strong fourth-quarter results with improved margins, reflecting lower natural gas cost in Europe and a stronger US dollar," said Torgeir [...]
Yara International ASA fourth quarter 2014 results will be released on Wednesday 11 February 2015. 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 Torgeir Kvidal and CFO Thor Giæver. The presentation will take place at the head quarter in Drammensveien 131 and will be webcast at www.yara.com. The presentation will be held in English.There will [...]
Yara International ASA fourth quarter 2014 results will be released on Wednesday 11 February 2015. 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 Torgeir Kvidal and CFO Thor Giæver. The presentation will take place at the head quarter in Drammensveien 131 and will be webcast at www.yara.com. The presentation will be held in English.There will [...]
Oslo, 22 December 2014: Yara has today released an updated version of its Fertilizer Industry Handbook containing information about the fertilizer market and industry.The Yara Fertilizer Industry Handbook is a tool for analysts, investors, journalists and others who would like to understand the fertilizer industry and in particular the parts most relevant for Yara. The fertilizer industry plays a key role in feeding a [...]
Oslo, 5 December 2014: The Board of Yara International ASA has approved an investment of SEK 1,747 million (USD 220 million) to sustain and increase technical ammonium nitrate (TAN) capacity in the Köping site in Sweden.The investment includes the construction of a new nitric acid plant replacing an existing plant which is approaching the end of its operating life. The total TAN capacity after the upgrade will reach about [...]