Today, Yara International is officially opening its renewable hydrogen plant at
Herøya, Norway. Yara is now producing renewable hydrogen and ammonia and has
already delivered the first tonnes of fertilizers made from renewable ammonia
produced at this plant. "This is a major milestone for Yara and for the
decarbonization of the food value chain, shipping fuel and other energy
intensive industries," says Svein Tore Holsether, President & CEO of Yara.
The Norwegian Prime Minister Mr. Jonas Gahr Støre today inaugurated the 24 MW
renewable hydrogen plant at Herøya Industrial Park, the largest of its kind
currently in operation in Europe. The hydrogen is produced with electrolysis of
water and renewable energy, replacing natural gas as feedstock and annually
cutting 41,000 tonnes of CO2 emissions from the site.
"This is a ground-breaking project and a testament to our mission to responsibly
feed the world and protect the planet. I want to thank our dedicated employees
who have worked tirelessly to get this cutting-edge production up and running,
Enova for supporting the project, our partners and our brave customers who are
first movers towards a more sustainable future. We are very pleased to have
delivered the first tonnes of low-carbon footprint fertilizers to Lantmännen, a
partnership which serves as a concrete example of how collaboration across the
entire food value chain is required to decarbonize. Together, we have made this
important step towards decarbonizing hard to abate sectors," says Holsether.
The low-carbon footprint fertilizers produced and delivered will be part of a
new portfolio called Yara Climate Choice. These solutions will benefit crops
while at the same time contributing to decarbonizing the food value chain and
reducing climate impact. In addition to fertilizers produced with electrolysis
of water and renewable energy, fertilizers based on low-carbon ammonia produced
using carbon capture storage (CCS) will be a large part of Yara's portfolio
going forward.
"Renewable ammonia is an important part of the decarbonization puzzle, however
developing it at scale takes time. As the world is rapidly approaching 2030, we
are also working to produce low-carbon ammonia with CCS to enable the hydrogen
economy and develop the emerging markets for low-emission ammonia," says Hans
Olav Raen, CEO of Yara Clean Ammonia.
In 2023, Yara signed a binding CO2 transport and storage agreement with Northern
Lights, the world's first cross-border CCS agreement in operation. Yara aims to
reduce its annual CO2-emissions by 800,000 tons from the ammonia production at
Yara Sluiskil (https://www.yara.com/corporate-releases/yara-invests-in-ccs-in-
sluiskil-and-signs-binding-co2-transport-and-storage-agreement-with-northern-
lights--the-worlds-first-cross-border-ccs-agreement-in-operation2/). Yara is
also evaluating one to two world-scale low-carbon ammonia production projects
with CCS in the US.
"The world needs to act urgently on multiple fronts to reach the goals of the
Paris Agreement, and CCS is a critical steppingstone to decarbonize rapidly and
profitably. The green transition will require investments, predictable framework
conditions, massive build-out of renewable energy and grid, continuously
advancing technology, and a maturing market where demand and supply are
developed simultaneously. The companies who take this seriously will have a
competitive advantage. At Yara, we have already reduced our emissions by 45
percent since 2005, and with our strategy to profitably deliver decarbonized
solutions quickly and at scale, produced with both renewable energy and CCS, we
are uniquely positioned to deliver, both to shareholders, customers, employees
and society at large," says Holsether.
Hydrogen is used to produce ammonia, which in turn is used to produce
fertilizers and can also be used as shipping fuel. Ammonia is also an efficient
energy- and hydrogen carrier.
About Yara International
Yara's mission is to responsibly feed the world and protect the planet. We
pursue a strategy of sustainable value growth through reducing emissions from
crop nutrition production and developing low-emission energy solutions. Yara's
ambition is focused on growing a nature-positive food future that creates value
for our customers, shareholders and society at large and delivers a more
sustainable food value chain.
To drive the green transition in fertilizer production, shipping, and other
energy-intensive industries, Yara will produce ammonia with significantly lower
emissions. We provide digital tools for precision farming and work closely with
partners at all levels of the food value chain to share knowledge and promote
more efficient and sustainable solutions.
Founded in 1905 to solve the emerging famine in Europe, Yara has established a
unique position as the industry's only global crop nutrition company. With
18,000 employees and operations in more than 60 countries, sustainability is an
integral part of our business model. In 2023, Yara reported revenues of USD
15.5 billion.
About Yara Clean Ammonia
Yara Clean Ammonia is uniquely positioned to enable the hydrogen economy in a
market expected to grow substantially over the next decades. We aim at
significantly strengthening our leading global position as the world's largest
ammonia distributor, unlocking the green and blue value chains, and driving the
development of clean ammonia globally.
Building on Yara's leading experience within global ammonia production,
logistics and trade, Yara Clean Ammonia works towards capturing growth
opportunities in low-emission fuel for shipping, power generation, low-carbon
food production and ammonia for industrial applications.
Yara Clean Ammonia operates the largest global ammonia network with 15 ships and
has, through Yara, access to 18 ammonia terminals and multiple ammonia
production and consumption sites across the world. Revenues and EBITDA for the
FY 2023 were USD 1,9 billion and USD 101 million respectively. Yara Clean
Ammonia is headquartered in Oslo, Norway.
Media contacts:
Tonje Næss?????????????????????????????????????????????????????????????????
Head of External Communications???????????????????????????????
Yara International????????????????????????????????????????? ?
E-mail: tonje.nass@yara.com
(mailto:tonje.nass@yara.com?) ??????????????????????????
Mobile: + 47 408 44 647
Hilde Steinfeld?????????????????????????????????????????????????????????????????
Communication Director????????????????????????????????
Yara Clean Ammonia???????????????????????????????????????????????????? ?
E-mail: hilde.steinfeld@yara.com (mailto:hilde.steinfeld@yara.com)???????
??????????????????????????
Mobile: + 47 993 53 030
Â