Yara applies for tender documents in Ukrainian privatisation

(Thomson Reuters ONE) - Oslo (2009-09-14): Yara International ASA has, through a subsidiary,on Friday, 11 September 2009 applied to the State Property Fund ofUkraine (SPFU) for receiving the documents for the tender announcedby SPFU for the privatisation of Odessa Port Plant (OPP) to be heldon September 29.Yara has filed this application as a member of a consortium alsocomprising Kulczyk Holding S.A., representing a privately ownedinvestment group, and the Libyan Investment Authority (LIA), aninvestment fund being 100% owned by the Libyan Government. The filingis only to pre-qualify the consortium for a possible participation inthe tender and implies no binding obligations on any of the partiesto the consortium. Should the consortium decide to participate in thetender, Yara will hold a minority position in the possible buyer ofOPP.OPP owns and operates two ammonia and two urea plants in Yuchny,Ukraine, with combined annual capacities of approx. 1.1 milliontonnes of ammonia and 0.9 million tonnes of urea. In addition OPPowns and operates a major terminal for ammonia and urea, exportingproducts produced by other Ukrainian plants as well as by someRussian plants.ContactTorgeir Kvidal, Investor RelationsTelephone (+47) 24 15 72 95Cellular (+47) 91 339 832E-mail torgeir.kvidal(at)yara.comBente Slaatten, Media RelationsCellular (+47) 91 60 62 15E-mail bente.slaatten(at)yara.comYara International ASA is the world's leading chemical company thatconverts energy, natural minerals and nitrogen from the air intoessential products for farmers and industrial customers. As thenumber one global supplier of mineral fertilizers, we help providefood for a growing world population. Our industrial product portfolioincludes environmental protection agents that prevent air pollution.Yara's global workforce of 8000 employees represents the greatdiversity and knowledge that enables Yara to remain a leadingperformer in the industry.www.yara.comThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

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Bereitgestellt von Benutzer: hugin
Datum: 14.09.2009 - 08:59 Uhr
Sprache: Deutsch
News-ID 5765
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