CHEMICALS - AGRICULTURAL
NOVEMBER 30, 202111:28 AMUPDATED 2 HOURS AGO
Fertiliser-maker Yara has restarted some Dutch plants, CEO says
By Reuters Staff
1 MIN READ
OSLO, Nov 30 (Reuters) - Norwegian fertiliser-maker Yara has restarted some of its Dutch production capacity following maintenance, while other plants remain shut amid a surge in the cost of natural gas, a key ingredient, the company’s chief executive said on Tuesday.
Yara in September said it was curtailing here its European ammonia output due to the costly gas situation.
“We have started up some of the plants and fertiliser prices have also gone up, but when all is said, this has consequences that worry me,” Svein Tore Holsether told Reuters on the sidelines of a conference.
“It means more expensive products for farmers in the first place and later on more expensive food for people,” he said. (Reporting by Nora Buli, editing by Terje Solsvik)