YARA Tanzania Company Limited
About YARA
2017 We entered into an agreement to acquire the Vale Cubatão Fertilizantes complex in Brazil. The acquisition made Yara a nitrogen producer in Brazil, cementing its position in production and distribution.
2017 Yara and Kongsberg partner to build the world’s first fully electric and self-driving, zero-emissions container ship. With this vessel, Yara will reduce the transportation of diesel trucks by 40 thousand trips per year.
2018 We reviewed our company strategy. Through it, we will respond to the challenges facing our industry and our planet, and bring our mission and vision to life. The strategy has three priorities: to advance operational excellence, create scalable solutions and drive innovative growth – to be the food crop company of the future.
Sven Toure Holseither
2015 – 2016
2015 was another eventful year for Yara, as we made significant investments in Europe, Africa, Australia and Latin America. In September 2015, Svein Tore Holsether joined Yara as the new CEO and President.
2016 We entered into an agreement to acquire Tata Chemicals Babrala’s urea plant and distribution in India, and decided to invest approximately $275 million in our plant in Rio Grande, Brazil.
man holding a catalyst
2008-2014
2008 Yara won the prestigious Norwegian environmental award “Glassbjørnen” (glass bear) for its nitrous oxide reduction catalyst, which significantly reduces greenhouse gas emissions in various industries.
2010 Yara increases its participation in Africa.
2013 Yara celebrates 100 years of presence in the Chinese market. Acquisition of Bunge Fertilizer Company, Brazil.
2014 The acquisition of OFD in Latin America and a joint venture with Galvani in Brazil strengthen our presence in Latin America.
Silinjarvi factory aerial view
2000-2007
Yara’s history represents over 100 years of fighting famine with our fertilizers. Today, the world still faces serious challenges and is part of the solution.
2004 Yara is listed on the Oslo Stock Exchange, after splitting from Norsk Hydro.
2005 Yara celebrates 100 years of existence. Yara implements a strategy with the aim of shaping a more sustainable industry.
2007 Acquisition of the fertilizer company Kemira-GrowHow in Finland.
Quan Station in China
1980-2000
A large amount of money is spent on purchasing plants, but on the whole Hydro is investing more money in renovating existing infrastructure and building new ones. The overall result is that the company has become the market leader in Western Europe.
1979 Hydro acquires Dutch fertilizer company NSM.
1981 Hydro buys 75% of the shares of the Swedish fertilizer group Supra AB.
1982 Station set up in Quan, China.
1983 An office is established in Harare, Zimbabwe.
1985 Hydro buys German energy company Veba.
1986 Hydro acquires 80% of the French fertilizer company Cofaz.
1995 Hydro becomes the sole supplier of plant nutrition and agricultural services on all five continents.
2000 Hydro solidifies its position in Brazil with the acquisition of the fertilizer company Adubos Trevo.
Workers in front of Qafco Factory
1960-1980
Johan B. Hulty enters fertilizer production into a new era based on petrochemicals and engages the company in oil exploration in the North Sea. He also began to internationalize the production of fertilizers from Hydro through plants set up in Qatar.
1967 Under the leadership of Johan B. Holte, Hydro sees an organizational revolution, which leads to the creation of a more modern company.
1969 The Qafco joint venture with Industries Qatar is established.
Download Glomfjord from MS Mosjøen
1940-1960
The company was severely damaged during the war. However, Hydro’s management is once again able to build a robust research environment within the company.
The first ten years after World War II represent an incredible time in the history of Yarra. The company is making huge investments, and the number of employees is increasing from about 2,500 in 1945 to about 5,000 in 1955.
1945 – World War II ends and Hydro decides to expand.
1946 Two new research sites are established in Oslo and Hiro, Norway.
1947 Hydro takes over power production at Glomfjord, Norway, the world’s northernmost plant.
Porsgrunn factory in Herøya circa 1930
1920-1940
Protectionism ruled the markets during the 1930s, and the Great Depression cast a shadow over the company. For Norsk Hydro, this means that the need for diversification has increased. Therefore, the company strives to develop new fertilizer products and technologies for other branches of the industry.
1927-28 The company obtained a license to use a new method for producing ammonia, quadrupling capacity.
1938 First production of NPK regular fertilizer.
1939: Acquisition of Hydro Beach. Staff get a seaside vacation center near Borsgrunn, Norway.
Sam Ede and Christian Birkeland historical photos
1905-1920
Yara grows knowledge to responsibly feed the world and protect the planet. Supporting our vision of a world without hunger and a planet respected, we pursue a strategy of sustainable value growth, promoting climate-friendly crop nutrition and zero-emission energy solutions. Yara’s ambition is focused on growing a climate positive food future that creates value for our customers, shareholders and society at large and delivers a more sustainable food value chain.
To achieve our ambition, we have taken the lead in developing digital farming tools for precision farming, and work closely with partners throughout the food value chain to improve the efficiency and sustainability of food production. Through our focus on clean ammonia production, we aim to enable the hydrogen economy, driving a green transition of shipping, fertilizer production and other energy intensive industries.
Founded in 1905 to solve the emerging famine in Europe, Yara has established a unique position as the industry’s only global crop nutrition company. We operate an integrated business model with around 17,000 employees and operations in over 60 countries, with a proven track record of strong returns. In 2020, Yara reported revenues of USD 11.6 billion.
As of June 2020, Yara operates under a regional organizational structure. Yara’s operations comprise four units – three regional units and one unit focused on global production plants and operational excellence. In addition, Yara has established a new global function – Farming Solutions.
At Yara we work to improve livelihoods and peoples’ lives. We apply knowledge to address global challenges and when we succeed, society is better off.
Our company was founded in 1905 as a solution for the European famine that swept over the continent in the early part of the 20th century. Since then, we have continuously developed solutions that improve and increase global food production in a sustainable way. Through this expertise, we have also managed to create additional environmental solutions that reduce harmful emissions.
Global challenges are real and will not vanish on their own. Climate change is affecting our way of life. The world’s population continues to increase. We have more mouths to feed, limited land to farm and less resources to draw upon.
At Yara, we believe in meeting these challenges head on. There is no trade-off between building a profitable business and solving global challenges. But both companies and governments must do their part. Together we make a difference, and our mission, vision and values embody Yara’s spirit and DNA.
Mission
Responsibly feed the world and protect the planet
Our mission is our reason to exist. It defines our company’s purpose and role in the world and is balanced between three core ideas. Feeding the world embodies knowledge, economic empowerment and new innovative ideas. Protecting the planet represents our commitment to emission abatement and sustainable agricultural practices. At Yara we believe that success can be celebrated only when it is achieved in the right way.
We believe knowledge grows and has the power to create positive global change. We understand that knowledge helps feed the world, creates profitable businesses, and protects the planet at a time when the population is expanding and our resources are increasingly challenged.
Vision
A collaborative society;
a world without hunger;
a planet respected.
Our founders faced and overcame the greatest food challenge of their time. With collaboration and curiosity, they combined and grew their knowledge to help save the lives of millions of people.
Our vision for the world is based upon ensuring a sustainable future. A collaborating community that overcomes cultural, environmental and economic barriers to create solutions that will lead to a world free from hunger and a planet respected.
Contact us
Yara International ASA
Drammensveien 131
0277 Oslo – Norway
Tel:+47 24 15 70 00
Read more