CF, Yara Scuttle Fertilizer Merger | Chemical & Engineering News
Volume 92 Issue 43 | p. 15 | Concentrates
Issue Date: October 27, 2014

CF, Yara Scuttle Fertilizer Merger

Department: Business
Keywords: fertilizers, ammonia, urea, Vikings

U.S.-based CF Industries and Norway’s Yara have cordially walked away from merger discussions. The companies disclosed last month that they were in talks that could have led to the formation of a $20 billion-per-year fertilizer giant. “We were able to identify significant structural and operational synergies, but in the end it became clear that we would not be able to agree on terms that would be acceptable to all stakeholders,” says Yara CEO Torgeir Kvidal.

 
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