OSLO, Dec 15 (Reuters) – Norway’s Yara YAR.OL, one of the world’s largest fertiliser makers, has restarted most of its curtailed European ammonia production, the company said on Wednesday.
A surge in the price of natural gas – a feedstock in ammonia production – led to a 30% reduction in Yara’s European ammonia output from September to November. Rivals including CF Industries Holdings CF.N also cut production.
(Reporting by Victoria Klesty and Terje Solsvik Editing by David Goodman )
(([email protected]; +47 2331 6592; Reuters Messaging: [email protected]))
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
www.nasdaq.com