Yara reports improved fourth-quarter results as increases in prices more than offset the impact of higher energy cost. Fourth-quarter EBITDA excluding special items1 was USD 765 million compared with USD 511 million a year earlier. Net income was a negative USD 26 million compared with a positive USD 246 million a year earlier, as Yara recognized impairment losses of USD 250 million, of which USD 232 million is related to [...]
The Yara International ASA fourth quarter 2021 results will be published on Tuesday 8 February 2022 at 08:00 CET. An on-line presentation will be held at 12:00 CET, hosted by Yara President and CEO Svein Tore Holsether. The presentation will be held in English. The report, presentation and webcast will be available at the above mentioned times at: yara.com/investor-relations/latest-quarterly-report/ There will also be a [...]
Today, Yara announces the signing of a contract with Linde Engineering for the construction and delivery of a green hydrogen demonstration plant at Yara's ammonia production facility at Herøya Industripark in Porsgrunn, Norway. The project, which is supported by a NOK 283 million grant from Enova , will demonstrate that ammonia produced using renewable energy can reduce the impact of carbon dioxide in fertilizer [...]
The Yara International ASA fourth quarter 2021 results will be published on Tuesday 8 February 2022 at 08:00 CET. An on-line presentation will be held at 12:00 CET, hosted by Yara President and CEO Svein Tore Holsether. The presentation will be held in English. The report, presentation and webcast will be available at the above mentioned times at: yara.com/investor-relations/latest-quarterly-report/ There will also be a [...]
Oslo and Stockholm, January 13, 2022: Yara and Lantmännen are the first companies to sign a commercial agreement to bring fossil free 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 cooperative [...]
Oslo, January 10, 2022: Yara has a strong commitment to universal human rights and condemns all forms of repression and human rights violations. With the support of human rights organizations and trade unions, Yara has sought positive change by leveraging its presence in Belarus to promote occupational safety and human rights. However, the effects on the supply chain from the current sanctions on Belarus have forced Yara [...]
Oslo, 17 December 2021: Yara has been granted NOK 283.25 million from Enova for the development of an initiative to produce green ammonia. With this Yara officially takes the first step towards full decarbonisation of the ammonia plant at Herøya in Porsgrunn. Yara's fertilizer factory at Herøya is one of Norway's largest sources of CO2 emissions outside the oil and gas industry, releasing 800,000 tonnes of CO2 annually. A [...]
Oslo, 19 November 2021: The world's first electric and self-propelled container ship - Yara Birkeland - has departed for its maiden voyage in the Oslo fjord. Today, the Norwegian Prime Minister was given a tour by CEO of Yara, Svein Tore Holsether. "We are proud to be able to showcase the world's first fully electric and self-propelled container ship. It will cut 1,000 tonnes of CO2 and replace 40,000 trips by [...]
Glasgow, 4 November 2021: Today, some of the largest companies in the world launched a shared initiative to reach the climate goals through ground-breaking technology. The companies participating in Joe Biden's "First Movers Coalition" share a common vision that development and technology will be crucial to reach the climate target of 1.5 C. The coalition has committed to zero-emission purchases by 2030 to create a market [...]
Oslo, 2 November 2021: Reference is made to the stock exchange notice on 29 October 2021 regarding a contemplated bond issuance. Yara International ASA has today completed a successful placement of senior unsecured bonds with a total amount of NOK 2,150 million. The transaction was substantially oversubscribed and split into two tranches: 5Y NOK 1,150 million floating rate note with a coupon of 3m Nibor + 0.64 % p.a. 5Y [...]
Oslo, 29 October 2021: Yara International ASA, rated BBB by S&P and Baa2 by Moody's, has mandated Danske Bank as Sole Bookrunner to arrange fixed income investor calls on Monday 1 November 2021. One or more NOK and/or SEK denominated senior unsecured fixed and/or floating rate benchmark bond issues with expected tenors of 3 - 10 years may follow, subject to market conditions. Use of proceeds from the contemplated bond [...]
Oslo, 20 October 2021: Yara delivers improved returns reflecting higher prices in third quarter. Net income was a negative USD 143 million, compared with a positive USD 340 million a year earlier. The negative net income includes a USD 355 million impairment of Salitre assets in line with Yara's regulatory release dated 1 August 2021, and a currency translation loss of USD 148 million. Excluding currency effects and [...]
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