Oslo (2005-02-03): Yara has decided to keep the Porsgrunn ammonia plant down after a recent maintenance turnaround. The timing of the plant restart will depend on market conditions. Additional planned maintenance turnarounds will be taken in Trinidad (Tringen II) and at the Le Havre plant in France during February and March resulting in total production cuts of approximately 150,000 tonnes of ammonia during first quarter 2005. The production cuts amount to approximately 10% of Yara's ammonia capacity.
Egil Hogna, Investor Relations
Telephone (+47) 24 15 71 66
Cellular (+47) 90 187 865
Arne Cartridge, Media Relations
Telephone (+47) 24 15 73 01
Cellular (+47) 47 900 900
Yara International ASA is the world's leading supplier of mineral fertilizers with particular strength in nitrogen- based fertilizers. Yara has a local presence in 50 countries worldwide. Yara sells more than 20 million tonnes of mineral fertilizers in more than 120 countries. Yara offers fertilizers meeting the nutrient needs of local crops supported by agronomic advice to make farming more profitable and agriculture more sustainable. Yara has a strong position in industrial markets in Europe as a supplier of nitrogen-based chemicals and is the leading supplier of liquid CO2.