YI

Yara International

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Market Research Report: Yara International ASA



Company Overview



  • Name: Yara International ASA

  • Mission: To responsibly feed the world and protect the planet.

  • Founded: 1905 (originally as Norsk Hydro, demerged as Yara International ASA in 2004)

  • Founders: Sam Eyde and Kristian Birkeland

  • Key People:

  • President and CEO: Svein Tore Holsether

  • EVP & Chief Financial Officer: Thor Giæver

  • EVP, Europe: Mónica Andrés Enríquez

  • EVP, People, Process, and Digitalization: Solveig Hellebust

  • EVP, Corporate Development: Magnus Krogh Ankarstrand

  • EVP, Global Plants & Operational Excellence: Johan Labby

  • EVP, Africa & Asia: Fernanda Lopes Larsen

  • EVP, Americas: Chrystel Monthean

  • EVP & CEO, Yara Industrial Solutions: Jorge Noval

  • EVP & General Counsel: Kristine Ryssdal

  • Headquarters: Drammensveien 131, 0277 Oslo, Norway

  • Number of Employees: Approximately 18,000

  • Revenue: USD 15.5 billion (2023)

  • Company Focus: Known for being the global leader in crop nutrition and a provider of industrial solutions.


Products



Yara offers a comprehensive range of crop nutrition products and solutions designed to support farmers in optimizing yields, producing healthier crops, and enhancing soil health. Their product offerings are detailed as follows:

  • YaraBela™: Nitrogen fertilizers that provide essential nitrogen and calcium to fuel plant growth and productivity.

  • YaraMila™: Compound fertilizers providing a balanced range of essential nutrients; nitrogen, phosphorus, and potassium.

  • YaraLiva™: Calcium nitrate fertilizers designed to produce high-value, highly marketable produce.

  • YaraVita™: Micronutrient fertilizers ensuring crops receive all necessary nutrients.

  • YaraAmplix™: Biostimulants enhancing crops' natural processes, aligning with sustainable practices.

  • YaraRega™ & YaraTera™: Fertigation fertilizers tailored for water-soluble granular NPK and fully water-soluble solutions, respectively.

  • YaraSuna™: Organic-based fertilizers promoting soil health and crop resilience.

  • YaraVera™: Cost-effective nitrogen sources, highly concentrated for efficient urea feeding.


Recent Developments



  • Renewable Ammonia Production in Brazil:

  • Yara started producing ammonia from renewable biomethane, a significant step towards decarbonizing the food and industrial value chains.

  • The Cubatão complex in São Paulo, a major natural gas consumer, now operates with biomethane, positioning Brazil to lead in its energy transition.


  • Yara's Industrial Solutions Developments:

  • The company focuses on integrating biomethane usage and plans to expand its portfolio with carbon capture and storage (CCS) capabilities.

  • Collaborations and partnerships to enable the hydrogen economy, such as agreements with Northern Lights for CO2 storage and with JERA for clean ammonia to decarbonize power production.


  • Innovations in Crop Nutrition:

  • Yara continues to innovate in precision agriculture, marking the 25th anniversary of Yara's N-Sensor technology in nitrogen management.

  • Introduction of fertilizers with lower carbon emissions using renewable energy sources, contributing to a potential reduction in emissions by up to 30% for certain crops.


  • Strategic Partnerships:

  • PepsiCo Europe partnership to decarbonize crop production.

  • Collaboration with Lantmännen to incorporate low-carbon footprint fertilizers into their Climate & Nature program, reducing wheat cultivation's climate footprint significantly.


This report provides a snapshot of Yara International ASA, summarizing the key information and recent activities relevant to its market position and strategic direction.