Yara signs contract to acquire Adubos Sudoeste’s blending unit in Catalão, Brazil
Although part of the production may be sold to Tocantins State farmers, the focus of this unit will be rural producers in Goiás State, particularly growers of soybean, corn, beans, tomatoes, potatoes, onions and garlic.
According to Lair Hanzen, Senior VP of Yara International and President of Yara Brazil, the agricultural market in Goiás State – which is responsible for a huge part of the main Brazilian export crops, such as soybean and corn – is essential to the company's plans in the country.
"To invest in fertilizer distribution in Goiás is strategic for Yara and reinforces our commitment to provide the best solutions to Brazilian farmers. Besides that, we maintain the efforts to increase the fertilizer production in order to reduce the national dependence on imports of raw materials", says Hanzen.
Currently, the unit has a total capacity of 300 thousand tonnes per year. The acquisition depends on the approval of the Administrative Council for Economic Defense (Cade). Assuming the Cade approves the deal, Yara will begin the process of adapting the unit to the company’s standards.
This investment highlights Yara's commitment to Brazilian agriculture. In recent years, Yara has invested approximately USD 1.5 billion in the country, including the acquisition of Bunge Fertilizantes (2013), the joint venture with Galvani (2014), the construction and revitalization of the most moderns industrial blending units of Brazil, in Sumaré (SP) and Porto Alegre (RS), as well as the announcement of a substantial investment in its Rio Grande complex, made in the beginning of this year.
Contacts
Juliana Marques, Media Relations – Brazil
Cellular: +55 51 3230.1430
E-mail: juliana.marques@yara.com
Magnus Karlsrud Dahlen, Media Relations – International
Cellular: +47 95 89 19 39
E-mail: magnus.dahlen@yara.com
Images
About Yara International ASA
Yara International ASA
About Yara
Yara´s knowledge, products and solutions grow farmers’, distributors’ and industrial customers’ businesses profitably and responsibly, while protecting the earth’s resources, food and environment.
Our fertilizers, crop nutrition programs and technologies increase yields, improve product quality and reduce the environmental impact of agricultural practices. Our industrial and environmental solutions improve air quality by reducing emissions from industry and transportation, and serve as key ingredients in the production of a wide range of goods. We foster a culture that promotes the safety of our employees, contractors and societies. Founded in 1905 to solve emerging famine in Europe, today, Yara has a worldwide presence, with close to 13,000 employees and sales to about 160 countries.
In Brazil, the company is headquartered in Porto Alegre with an office in São Paulo. To supply the agricultural segment, the company has three production units with granulation, acidulation and bagging of fertilizers and 25 blending terminals with bagging and distributing fertilizers, with presence in the main ports and agricultural production centres in the country.
In 2014, Yara has entered into an agreement to acquire a 60% stake in Galvani, and started a joint venture to produce e distribute about 1 million/tons of phosphate products. Through the agreement, Yara and Galvani are also developing new fertilizer production projects in the country, supporting to reduce dependence on imports.
In the segment of environmental solutions and industrial products, the company has five production and sales units. Its fertilizers portfolio - ranging from of blending beads to special products such as foliar fertilizers and NPK in granules - and nutrition programs to help produce the food required for the world's growing population. To maintain long-term growth outlook, Yara's research and development initiatives (R&D) are focused on sustainable agriculture and the search for new environmental solutions, such as reducing water use and application of the precise amounts of fertilizers to produce healthy and higher quality foods.
More information
https://www.facebook.com/YaraBrasilOficial
https://twitter.com/YaraBrOficial
Subscribe to releases from Yara International ASA
Subscribe to all the latest releases from Yara International ASA by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Yara International ASA
Åpner for historisk satsing på grønt hydrogen og grønn ammoniakk i Norge18.2.2021 08:19:42 CET | Pressemelding
Oslo, 18. februar 2021: Yara, Statkraft og Aker Horizons inngår en intensjonsavtale om partnerskap for å produsere og utvikle en verdikjede for grønt hydrogen og grønn ammoniakk i Norge med Herøya som første prosjekt. Prosjektet kan bli et av de største klimatiltakene i norsk industrihistorie, og samtidig bidra til å utvikle ny industri, fremskynde grønn omstilling, skape nye arbeidsplasser og et konkurransefortrinn for Norge i den raskt voksende hydrogenøkonomien.
Yara satser på hydrogenøkonomien med mål om historisk fullskala grønn ammoniakkproduksjon i Porsgrunn7.12.2020 08:00:00 CET | Pressemelding
Oslo, 7. desember 2020: Yara annonserer planer for fullskala grønn ammoniakkproduksjon på Herøya i Porsgrunn, med mulighet for å kutte 800.000 tonn CO2 og bidra til utviklingen av utslippsfri skipsfart og avkarbonisering av matproduksjon.
Yara: Fred kan dyrkes!4.12.2020 09:17:59 CET | Pressemelding
Yara er partner for fredsprisfeiringen 2020
Yara tar grep for å avverge sultkatastrofe i kjølvannet av Covid-192.6.2020 08:00:00 CEST | Pressemelding
Oslo 2. juni, 2020: Antall mennesker utsatt for akutt sult kan dobles i kjølvannet av Covid-19-pandemien. Med støtte fra FN, den norske regjeringen og afrikanske institusjoner, skal Yara bruke 250 millioner kroner til å brødfø mer enn én million mennesker i Sør- og Øst-Afrika.
Yara and IBM launch an open collaboration for farm and field data to advance sustainable food production 23.1.2020 07:00:00 CET | Press release
Yara and IBM invite early movers from the agriculture and food industry to jointly pilot concrete test cases and define the principles and practicalities of data collaboration.