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Yara International Confirms Ammonia Partnership Talks With US-Based Air Products

MT Newswires·12/08/2025 02:52:59
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02:52 AM EST, 12/08/2025 (MT Newswires) -- Yara International (YAR.OL) confirmed Monday that it is in advanced talks to partner with US-listed Air Products. The Norwegian crop nutrition and ammonia group plans to acquire a low-emission ammonia plant at Air Products' new low-carbon energy complex in Louisiana, US, in exchange for 25% of the total project cost. The project is expected to cost between $8 billion and $9 billion. The companies expect final investment decisions by mid-2026, subject to environmental permits and construction contracts. The project is expected to be completed by 2030. Yara noted that it would restrict other growth projects between 2026 and 2030 if it moves ahead with the Louisiana project.