Yara cultivates its fertilizer business

Baker, John; Gibson, Jane
May 2007
ICIS Chemical Business;5/28/2007, Vol. 2 Issue 68, p8
Trade Publication
The article reports on the move by Norway-based Yara International to acquire the Finnish government's stake in Kemira GrowHow. The Norwegian fertilizer producer has acquired the Finnish government's 30.05% stake in Kemira GrowHow, paying €12.12/share ($16.29/share). The companies said that Kemira GrowHow's phosphate and Yara's nitrogen activities will serve as a solid platform for the future positions the companies will take as a knowledge leader in the global fertilizer industry.


Related Articles

  • Terra/Kemira venture still on despite Yara move.  // Farmers Weekly;6/1/2007, Vol. 146 Issue 22, p24 

    The article reports on the denial of fertilizer producers Terra and Kemira that their proposed joint venture is under threat after rival company Yara bought a controlling share in Kemira Growhow. Yara said the deal would secure a strong European-based fertilizer industry. Terra and Kemira...

  • Yara will Sell Assets to Secure Clearance for GrowHow Deal. Young, Ian // Chemical Week;10/3/2007, Vol. 169 Issue 32, p17 

    The article announces that the European Commission has approved Yara International's acquisition of Kemira GrowHow, subject to Yara divesting several assets. Both companies are the biggest producers of fertilizers in Western Europe. The commission concluded that the merger would not...

  • Yara Plans to Acquire GrowHow in Fertilizer Megadeal.  // Chemical Week;5/30/2007, Vol. 169 Issue 19, p5 

    The article reports on the acquisition of 30.05% stake in Kemira GrowHow by Yara International. The rest of GrowHow is listed on the Helsinki stock exchange. Yara says it will launch a mandatory tender offer for those shares under Finnish stock exchange rules. The GrowHow board has recommended...

  • business & finance news.  // Chemical Week;11/10/2004, Vol. 166 Issue 37, p21 

    Presents news briefs on the chemical industry in Europe as of November 10, 2004. Relocation of the nitric acid plant of Kemira GrowHow from Belfast, Northern Ireland to Uusikaupunki, Finland; Acquisition of the stake of Tallinnan Vesi by Kemira.

  • Yes to fertiliser joint venture. Stocks, Caroline // Farmers Weekly;7/20/2007, Vol. 147 Issue 3, p16 

    The article reports on the decision of the British Competition Commission to approve the planned joined venture by fertilizer companies Terra and Kemira Growhow. It cites that the two companies account for nearly 60% of Great Britain's 1.8 million ton fertilizer market, with the remaining demand...

  • Scheme offers finance deals for fertiliser.  // Farmers Weekly;5/2/2003, Vol. 138 Issue 17, p22 

    Reports on a new range of finance options being offered to fertilizer buyers through Kemira GrowHow and ING Lease joint marketing arrangement in Great Britain as of May 2, 2003. Terms of the arrangement; Business objective of the joint venture according to Kemira executive Ken Bowler;...

  • Kemira Plans Spinoff Of Plant Nutrients Business.  // Chemical Market Reporter;5/31/2004, Vol. 265 Issue 22, p4 

    Reports that Kemira will start its preparations for the flotation of Kemira GrowHow, its plant nutrient business. Influence of the success of Norsk Hydro's spin-off of its fertilizer operation, Yara International on the decision of Kemira; Plan of Kemira to list Kemira GrowHow on the Helsinki...

  • Kemira Moves on GrowHow.  // Chemical Market Reporter;10/4/2004, Vol. 266 Issue 11, p6 

    This article reports that chemical company Kemira Inc. last week commenced an offer to Finnish and international institutional and private investors of 27 percent of shares in Kemira GrowHow, the company's fertilizer and agricultural products subsidiary, which is being spun off. The government...

  • GrowHow to grow in Hungary. Robinson, Simon // European Chemical News;9/13/2004, Vol. 81 Issue 2115, p9 

    Reports on the agreement of Kemira GrowHow to acquire Hungarian fertilizer maker Transcenter. Background on Transcenter; Plans of Kemira for Transcenter.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics