(PRESS RELEASE) OSLO, 17-Sep-2021 — /EuropaWire/ — Yara (OTCMKTS: YARIY), global crop nutrition leader, has announced it will reduce production of ammonia at a number of its plants due to record high natural gas prices in Europe, which are impacting ammonia production margins. Including optimization of on-going maintenance, Yara will by next week have curtailed around 40% of its European ammonia production capacity.
Yara will continue to monitor the situation, with the objective to keep supplying customers but curtailing production where necessary.
Silje Nygaard, Acting Head of Investor Relations
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Josiane Kremer, Director External Communications
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SOURCE: Yara International ASA