Yara/Praxair JV agreed

Bains, Elizabeth; Gibson, Jane
May 2007
ICIS Chemical Business;5/21/2007, Vol. 2 Issue 67, p8
Trade Publication
The article reports on the agreement between Norway company Yara and industrial gases firm Praxair to form a 50:50 joint venture. It will be based on Yara's Scandinavian industrial gases business. The two parties plan to set up a new company named Yara Praxair AS by the third quarter of 2007. The deal will result in a one-time net income of more than Norwegian krone (NKr) 700 million for Yara.


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