Yara International
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| Type | Public (OSE: YAR) |
|---|---|
| Founded | 1905 |
| Headquarters | Oslo, Norway |
| Key people | Jørgen Ole Haslestad (President and CEO), Øivind Lund (Chairman of the board) |
| Industry | Chemicals |
| Products | Nitrogen fertilizers, nitrates |
| Revenue | NOK 88,775 million (2008)[1] |
| Operating income | ▲ NOK 12,281 million (2008)[1] |
| Profit | ▲ NOK 8,228 million (2008)[1] |
| Employees | 8,170 (2007)[2] |
| Website | www.yara.com |
Yara International ASA (OSE: YAR) is a Norwegian-based company which is a world leading[3] supplier of plant nutrients in the form of mineral fertilizers. The core business of Yara is production and marketing of nitrogen fertilizer such as urea and nitrates. Yara also produces and sells ammonia, the key raw material for all nitrogen fertilizers.
The company was created on March 26, 2004 when Norsk Hydro's Hydro Agri division containing all the company's fertilizer business, was spun off as a separately stock-listed company. Hydro distributed all its Yara shares to Hydro's shareholders and presently has no ownership in Yara.
Yara's main office is located in Oslo. Yara bought 30.05% of Finnish fertilizer company Kemira GrowHow in May 2007 and tendered an offer to buy the rest.
[edit] References
- ^ a b c "Annual Results 2008". Yara International. http://www.yara.com/en/investor_relations/financial_reports/2008_q4/pdf/yara_q4_2008_report.pdf. Retrieved on 2009-03-25.
- ^ "Annual Report 2007". Yara International. http://www.yara.com/library/attachments/en/investor_relations/Annual_Reports_2007/Yara_Annual_Report_2007_EN.pdf. Retrieved on 2008-05-28.
- ^ Stigset, Marianne (15 July 2008). "Yara Quarterly Profit Gains Threefold; Buys Plant". Bloomberg. http://www.bloomberg.com/apps/news?pid=20601082&sid=aMuZb_eEC0KU&refer=canada. Retrieved on 2009-03-25.
[edit] External links
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Coordinates: 59°54′52.70″N 10°42′54.15″E / 59.9146389°N 10.7150417°E
