Yara International : praises Colombian peace agreement and offers active support for rural growth
September 22, 2016 at 03:34 am EDT
Share
New York, September 21, 2016
On the International Day of Peace, Yara International, a world leader in crop nutrition and farmer support with headquarters in Oslo and operations in more than 150 countries, praised the recent peace agreement between the government of Colombia and the FARC in Cartagena which concludes a 52-year armed conflict.
President & CEO of Yara Svein Tore Holsether in a meeting with Colombian President Juan Manuel Santos at the UN.
Agriculture and rural development are at the center of the peace agreement and Yara is ready to actively support the government and other stakeholders contributing to its success.
'We are investing more than USD 100 million in Colombia, contributing to growing productivity and prosperity in the Colombian countryside,' says President & CEO of Yara Svein Tore Holsether.
Yara is a long-term investor in Colombia, and the largest foreign investor in the country in 2014 (USD 425 million).
A third of the current investment is earmarked the Valle del Cauca region, one of the areas most heavily affected by the conflict and with a great potential for sustainable agricultural growth.
'Commercial agriculture is an engine for inclusive economic growth, and a strong tool for building and sustaining peace worldwide,' says Holsether who in a meeting with Colombian President Juan Manuel Santos at the UN today offered Yara's active support in driving rural value creation in the post conflict process.
The private sector has a key role in development that can create shared value and thus helping to bring peace and prosperity to all, according to Holsether. 'I firmly believe that Yara is part of the solution to enable Colombia to produce more and better food on existing agricultural land. This is the best way to protect the 52 percent of Colombia that is covered by forest,' says Holsether.
Yara will in line with its vision of a collaborative society, a world without hunger and a planet respected take an initiative to mobilize and strengthen the private sectors commitment to rural value creation in Colombia.
Yara International ASA published this content on 21 September 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 22 September 2016 07:34:05 UTC.
Original documenthttp://yara.com/media/news_archive/colombian_peace_agreement_and_yara.aspx
Public permalinkhttp://www.publicnow.com/view/7CF5FBB3160ACBF6B0C5B96B7C7D9EFB1B6EB714
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%).