Yara International ASA is actively expanding its operations in emerging markets and has invited IFC to consider supporting its FY16-FY19 capital investment programs in Brazil, Zambia and Colombia. Implementation of the Project is expected to improve availability and affordability of high quality fertilizers in Brazil, Colombia and Zambia and other emerging countries, strengthen competitiveness of local farmers, create jobs and enable transfer of technical and managerial know-how in the fertilizer manufacturing and distribution sectors.
Yara is a major producer and distributor of nitrogen-based fertilizers, such as ammonia and urea as well as complex fertilizers (NPKs). It maintains leadership positions in key international markets such as Europe and Latin America. Yara is a public company traded on the Norwegian Stock Exchange. Its largest shareholder is the State of Norway with around 36 percent stake, followed by the Norwegian National Insurance Scheme fund at around 5 percent. The rest of the shares are owned by various private investors.
Jens Hofgaard, VP Funding
Finance & Treasury Solutions
Yara International ASA
0277 Oslo, NORWAY
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