Yara International ASA Announces Management Appointments
September 21, 2020 at 03:30 pm
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Yara International ASA appointed Lair Hanzen as Special Advisor to the President & CEO, reporting to Svein Tore Holsether and relocating to Oslo. Hanzen will support Yara’s ongoing activities within green ammonia, building on leading position in ammonia production technology and distribution, and will in this capacity report to EVP Farming Solutions Terje Knutsen. Hanzen will also initiate a review of Yara’s asset base in the context of the ongoing transition, initially focusing on Yara’s mining projects. Chrystel Monthean, currently EVP Yara Africa & Asia, is appointed EVP Yara Americas. Monthean was previously SVP Latin America, and has significant experience from developing commercial relationships with the food chain companies, key element in Yara’s strategy in Americas. Fernanda Lopes Larsen, currently SVP Indirect Procurement, is appointed EVP Yara Africa & Asia. Lopes Larsen has prior experience from senior positions in Yara, as well as several positions in consumer goods and pharmaceutical companies Procter & Gamble and GlaxoSmithKline. She holds an MSc in Civil Engineering from Graz University of Technology, in addition to a specialization in Corporate Innovation from Stanford University.
Yara International ASA is a worldwide leader in producing and selling mineral fertilizers. Net sales break down by activity as follows:
- production and sale of mineral fertilizers (72.8%): 26.4 million tons sold in 2022 of simple nitrogenated fertilizers (calcium nitrates, urea, etc.), complex fertilizers (nitrogen- phosphorous- and potassium- based), specialty fertilizers (plant nutrition products, potassium nitrates, etc.), and magnesium- and sulfur-based fertilizers. Net sales are distributed by geographic area between Europe (32.9%), Americas (48.8%), Africa and Asia (18.3%);
- sale of industrial chemical products (18.5%): 7.4 million tons of nitrogen based chemical products sold (including ammonia, nitric acids, ammonium nitrates) for the automotive, construction, waste treatment, shipping, chemical, mining and animal feed industries;
- production of ammonia (8.1%). The group also develops ammonia trading activity;
- other (0.6%).
At the end of 2022, the group had 26 production sites worldwide.
Net sales are distributed geographically as follows: Europe (35.4%), Brazil (25.6%), Latin America (8%), Asia (12.6%), North America (12.4%) and Africa (6%).