14 articles
Air Products and Yara have finalized a green ammonia off-take agreement for the Saudi NEOM project. The facility will utilize a 2.2-GW electrolyzer to produce up to 1.2 million metric tons annually.
Yara missed Q2 earnings expectations as high nitrogen prices boosted margins but cut volumes due to delayed farmer purchases. Rising gas costs and geopolitical risks remain key drivers of market volat
Norwegian fertilizer maker Yara has agreed to acquire Gulf Coast Ammonia's Texas plant for $1.3 billion. The facility has a capacity of 1.3 million tonnes per annum and is expected to reach full produ
Air Products and Yara cancelled their joint Louisiana blue ammonia project due to financial criteria, incurring a $2.9 billion charge. They will redirect capital to electronics and finalize a renewabl
Air Products terminated its Louisiana blue ammonia project, recording up to $2.9 billion in pre-tax charges due to unmet financial returns. Shares jumped 8.6%, though a separate renewable ammonia deal
Middle East conflict blocking the Hormuz Strait disrupts energy and fertilizer supplies, halting production at major firms like Yara. This threatens global crop yields and drives up food security risk
European chemical firms reported strong earnings as Middle East conflicts disrupted Asian feedstock supplies, boosting demand for regional competitors. Major players like Yara and Evonik capitalized o
Yara International maintains its mid-2026 timeline for a $9 billion blue ammonia joint venture with Air Products in the US, citing favorable local gas prices. The company also defended the EU's Carbon
Yara International reported a 40% surge in Q1 adjusted EBITDA to $896 million, driven by soaring fertilizer prices following Middle East conflict disruptions in the Strait of Hormuz. Feedstock shortag
Norwegian fertiliser maker Yara reported Q1 core earnings of $896 million, beating expectations on higher nitrogen margins and strong deliveries amidst tight global markets driven by Middle East disru
Yara has temporarily halted production at its Australian ammonia plant for up to six weeks due to technical issues, affecting an annual capacity of 726,000 metric tons.
Yara asserts its Louisiana Clean Energy Complex remains profitable without CBAM support, while opposing potential suspensions as European farmers criticize the carbon tax mechanism.
Yara exceeded profit expectations and forecasts continued tightness in nitrogen fertilizer markets due to strong demand. The company anticipates a squeezed global supply-demand balance for urea alongs
Yara warns its planned US low-carbon ammonia project may be abandoned if the EU suspends fertilizer carbon border taxes. The CEO stated CBAM is crucial for the project's viability, connecting US resou
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