National Agri-Marketing Association
NAMA Website
Upcoming Events
Agri-Marketing Conf
Best of NAMA 2018
Member Directory

Source: Yara news release

Following the Borealis acquisition of GPN SA including 52.15% ownership in the Le Havre urea plant, Yara has accepted an offer from Borealis to acquire Borealis' ownership in Le Havre, situated on the north-west coast of France.

Yara currently holds 47.85% in the 320,000 metric tons p.a. urea production facility, and 100% in 400,000 metric ton p.a. ammonia production facility.

The acquisition will simplify overall management of the facility to the benefit of Yara's activities in France and in Europe, and will allow greater flexibility and optimization of the site.

Access to an additional 160,000 metric tons urea p.a. will allow Yara to expand its sales to industrial customers in markets such as nitrogen oxide abatement (DeNOX), AdBlue and the animal feed sector.

The agreement with Borealis includes a urea supply agreement during a transition period.

Search News & Articles

Proudly associated with:
American Business Media Canadian Agri-Marketing Association National Agri-Marketing Association
Agricultural Relations Council National Association of Farm Broadcasters American Agricultural Editors' Association Livestock Publications Council
All content © 2020, Henderson Communications LLC. | User Agreement