Yara spreads out in the Latin American fertilizer market

Norwegian industrial giant Yara has announced a NOK 2.6 billion (USD 425 million) takeover of a Colombian-based fertilizer producer, taking Yara’s total investment in the growing Latin American fertilizer industry to NOK 6.1 billion (USD 1.125 billion) in the space of a year. Yara will buy out OFD Holding from Ominex Resources, including production facilities […]

Calls to regulate fertilizer after bomb

Calls for stronger regulation of the sale of ammonium nitrate fertilizers have been made following the suspected use of the materials in the bombing of Oslo on Friday July 22  – with experts suggesting that new EU regulations set to be introduced in Norway are not enough. The alleged perpetrator of the bombings and the […]

Yara ponders competing bid for Terra

Executives at the big Norwegian fertilizer firm Yara remained mum on Thursday, as some analysts predicted their takeover bid for rival Terra Industries of the US would fizzle. At least Yara’s stock seemed to stabilize, after falling earlier in the week. Yara’s stock also fell two weeks ago when it announced what was said to […]

Critics question huge Yara takeover

Norwegian fertilizer company Yara ASA launched one of the country’s biggest takeovers in history on Monday, agreeing to buy up US competitor Terra Industries for more than USD 4 billion (NOK 24 billion).