About Yara


2015 was another eventful year for Yara, where we made major investments in Europe, Africa, Australia and Latin America. And a new CEO & President came on board.

Major investments – growing our footprint

Yara acquires Greenbelt Fertilizers

Yara continued to grow in 2015, both by acquiring companies and by expanding our existing operations. In Zambia we acquired Greenbelt Fertilizers, with a strong footprint in Zambia, Mozambique and Malawi. This is one of the fastest growing agricultural regions in the world, and joining forces with Greenbelt will increase Yara’s on-the-ground agronomic presence.

In Australia, we bought the remaining 49% of the Yara Pilbara plant, and in Europe we invested USD 263 million in our Sluiskil plant in the Netherlands. In Brazil, we invested further in the Salitre phosphate project. 

2015 was also the year where we decided to sell our European CO2 business to Praxair.

New CEO & President

Svein Tore Holsether

In September 2015, Svein Tore Holsether joined Yara as our new CEO & President

Before starting in Yara, Mr Holsether served as President and CEO of Sapa Group, a position he held since 2011. Prior to this, he has held a number of management positions in Elkem, Orkla and Sapa. 

Holsether was born in Norway in 1972 and holds a BSc in Finance from the University of Utah. 

The last Yara Prize before turning it into Africa Food prize

Ousmane Badiane and Eric Kaduru

The Yara Prize was awarded to Eric Kaduru (founder and CEO of KadAfrica) and Dr. Ousmane Badiane (IFPRI, Director for Africa) for their efforts related to agricultural development in Africa. 

The prize was launched back in 2005, and this was the last Yara prize being handed out. 

From 2016 and onwards, the Yara Prize has been turned into the Africa Food Prize, in collaboration with Alliance for a Green Revolution in Africa (AGRA).

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