2010-2011

Yara advanced its engagement in the African region, launching investment opportunities in the agricultural growth corridors at the World Economic Forum (WEF).

Yara signed a cash-merger agreement with Terra Industries Inc. in February 2010. Although Terra would have been a perfect fit for Yara in the North American market, Yara chose to not match a superior acquisition bid that Terra received. Consequently, Terra terminated the agreement and paid Yara a break-up fee of NOK 666 million.

Yara entered into a strategic distribution agreement with US company Mansfield, positioning Yara to serve the emerging DEF market in US.

Yara entered an agreement with the industrial conglomerate Vale in Q1 to sell its shares in Fosfertil and its stake in the Anitapolis phosphate rock project, Brazil, for a combined gain of NOK 3.7 billion.

This plant increases production capacity and supplies of urea, a vital raw material for the growing environmental solutions segment.

Yara signed an agreement with Petrokraft AB to acquire Petro Miljö, the world leader in Selective Non-Catalytic Reduction (SCNR) technology.

Yara entered an agreement with the leading Moroccan company OCP S.A. to establish a 50/50 joint venture in Brazil.

During 2011, Yara reduced its ownership in Rossosh, Yara Praxair and ISC Nordic Rus Holding.