BRIEF-Yara Reduces Ammonia, Urea Production In India

- Yara International ASA YAR.OL:

  • YARA: HAS REDUCED PARTS OF AMMONIA, UREA PRODUCTION IN INDIA DUE TO LIMITED ACCESS TO GAS

  • YARA: REDUCED PRODUCTION AT OUR INDIAN PLANT HAS LITTLE IMPACT ON YARA'S OVERALL FINANCIAL RESULTS

  • YARA: WE ARE NOT CONSIDERING REDUCTION IN OUR EUROPEAN PRODUCTION AT THIS TIME

  • YARA: UREA PRICES HAVE RISEN IN LINE WITH OR MORE THAN GAS PRICES, SO NITROGEN PRODUCTION IN EUROPE STILL DELIVERS POSITIVE MARGINS

Further company coverage: YAR.OL