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2009 was a turbulent year, with reduced demand for crop nutrition products affecting production and sales. At the same time, we strengthened our position in the markets for environmental solutions.
Yara opened its Shouguang Center for Plant Nutrition Research in the Shandong province, China.
Yara CEO attended the WEF in Davos, hosting a meeting on Agricultural Growth Corridors.
Yara signed the final agreement with the National Oil Corporation of Libya and the Libyan Investment Authority, creating the Libyan Norwegian Fertiliser Company (Lifeco) JV.
Yara secured NOK 1,925 million in funding in the Norwegian bond market.
Yara Sluiskil, in the Netherlands, was awarded IFA’s Green Leaf Trophy award for its safety and environmental performance.
Yara announced the permanent closure of its Peremarton plant in Hungary. Yara’s AGM approved a dividend of NOK 4.50 per share.
Yara successfully carried out its second 10-year USD bond offering of 500 million, increasing the company’s financial flexibility.
Yara’s Executive Management team implemented changes, with Egil Hogna taking over as Head of Downstream; Hallgeir Storvik as Chief Financial Officer, Trond Stangeby as acting Head of Industrial; Terje Bakken as Head of Supply & Trade; Håkan Hallén as new Chief Human Resource Officer.
Yara started the construction of the new Urea 7 plant in Sluiskil in the Netherlands.
Yara’s Prize for an African Green Revolution was awarded to NASFAM, Malawi and Peter K. Munga, Kenya.
Yara signed a major distribution agreement with Mansfield oil in the US for DEF.
Qatar Fertiliser Company (Qafco), a JV of which Yara owns 25 percent, signed a letter of intent for the construction of the Qafco-6 expansion project.
Yara’s new Head of Communication, Bente G.H. Slaatten, assumed her position.
Yara opened a new CN plant in Malaysia.
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In 2009, we saw our business model put to a tough test following the dramatic decline in fertilizer sales at the end of 2008. We reacted with determination, employing our scale advantage, unique flexibility and unrivalled presence.
Yara is the world’s leading chemical company converting energy, natural minerals and nitrogen from the air into essential products for farmers and industrial customers. We are organized into three operating segments, all supported by a global supply & trade function.
Yara offers the fertilizer industry’s most complete portfolio, with crop nutrition (mineral fertilizers) products and solutions as the largest segment, and with industrial products and environmental solutions as a major and growing part of our offerings and revenues.
Financial_Report 2009(PDF, 8.6MB)
Finansrapport_2009(PDF, 8.3MB)
Citizenship Report 2009(PDF, 9.7MB)
Report of the Board of Directors(PDF, 980KB)
Financial Statements(PDF, 5.5MB)
Corporate Governance(PDF, 409KB)
Historical data(XLS, 160KB)
