Coffee beans

Yara has sold Hydrogas Thailand to Linde Gas

Aug 24, 2004
Hydrogas Thailand, Yara's liquid CO2 business in Thailand, has not had the benefit of being linked with Yara's production structure as the European CO2 businesses have. The Thai activities have therefore not benefitted from the same integration synergies. Linde Gas AG, the German-based global industrial gas company, will achieve synergies by integrating Hydrogas Thailand with their existing air and specialty gas business in Thailand.
Yara's book value of Hydrogas Thailand's total assets was NOK 50 million. There will be no significant profit impact as a result of the transaction.
 
 
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Egil Hogna, Investor Relations
 
Arne Cartridge, Media Relations
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Yara International ASA is the world's leading supplier of mineral fertilizers with particular strength in nitrogen based fertilizers. Yara has a local presence in 50 countries worldwide. Yara sells more than 20 million tonnes of mineral fertilizers in more than 120 countries. Yara offers fertilizers meeting the nutrient needs of local crops supported by agronomic advice to make farming more profitable and agriculture more sustainable. Yara has a strong position in industrial markets in Europe as a supplier of nitrogen based chemicals and is the leading supplier of liquid CO2.
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