Yara

History

Year	Detail
1905	Sam Eyde and Kristian Birkeland in Norway founded Norsk Hydro.
1938	The company started producing regular NPK fertilizers, marking a significant milestone in fertilizer technology.
1967	Under Johan B. Holte's leadership, Hydro, a Norwegian company, significantly shifted its operations by moving away from traditional fertilizer production methods and towards utilizing petrochemicals as the primary source for fertilizer production while also implementing a modernization process within its organizational structure.
2004	Yara became an independent company, listed on the Oslo Stock Exchange after demerging from Norsk Hydro.
2016	Yara expanded its presence in India by acquiring Tata Chemicals' Babrala urea plant and distribution business in Uttar Pradesh. The $400 million acquisition involved the plant and its distribution network, representing a significant step in Yara's growth strategy in the world's second-largest fertilizer market.
2017	Yara acquired the Vale Cubatão Fertilizantes complex in Brazil from Vale S.A. for an enterprise value of USD 255 million.
2021	Yara Suomi Oy acquired Ecolan Oy, a Finnish company specializing in producing recycled fertilizers from industrial side streams. This acquisition represented the company's first move into the organic fertilizer segment.
2021	Yara Clean Ammonia was founded to accelerate the transition to low-emission ammonia solutions.
2023	John Deere and Yara have joined forces to launch a partnership that will combine Yara's agronomic expertise with John Deere's precision technology and advanced machinery. The partnership will enable farmers to increase yields and optimize fertilizer use, helping them contribute to the ambition of the European Union's Farm to Fork Strategy.
2024	The company partnered with PepsiCo Europe to supply 1,000 farmers with lower-carbon fertilizers and precision farming tools across 128,000 hectares.