Yara International and BASF will discontinue their project to develop a low-carbon ammonia production facility with carbon ...

The companies will instead focus on other opportunities that offer better prospects for returns. Following the announcement, Yara shares climbed over 4% on the Oslo stock exchange. This article was ...

BASF and Yara International ASA have jointly decided to discontinue their project to develop a low-carbon ammonia production facility with carbon capture and storage in the U.S. Gulf Coast region.

Yara said October-December earnings before interest, tax, depreciation and amortisation (EBITDA), excluding one-off items, rose to $1.07 billion from $765 million a year earlier.