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Svein Tore Holsether - 6 It’s - 2 ” - 2 New York CNN — It’s - 1 Angela Lee - 1 Bell - 1 We’ve - 1 Reddit - 1
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Search resuls for: "Svein Tore Holsether"


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☆ Geopolitical headwinds show the need for more robust food systems, Yara CEO says
  + stars: | 2024-02-09 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGeopolitical headwinds show the need for more robust food systems, Yara CEO saysYara CEO Svein Tore Holsether discusses the firm's earnings, shareholder dividend plans and improving trends. He also weighs in on how warring trade and food superpowers have shown the fragility of the global food system.
Persons: Svein Tore Holsether
☆ Volatility is the 'new normal' for the food system, says Yara International CEO
  + stars: | 2024-01-19 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVolatility is the 'new normal' for the food system, says Yara International CEOSvein Tore Holsether, CEO of the Norwegian chemical company, discusses factors such as climate change and the need to create a more "robust" food system.
Persons: Svein Tore Holsether Locations: Norwegian
☆ Premarket stocks: Shein and Reddit IPOs don’t herald a Wall Street boom. Here’s why
  + stars: | 2023-12-04 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +9 min
New York CNN —It’s been an exciting few weeks for the IPO market. People try to draw an analogy between the IPO market and a blocked pipe. That is one reason why the IPO market feels less stymied than it did 12 months ago. But if the current IPO market kicks off, it’s because of other macroeconomic factors. They’re going to very rapidly acquire customers and care much less about long term financial sustainability and climate and the environment.
Persons: New York CNN — It’s, Angela Lee, Bell, We’ve, Reddit, ‘ it’s, Shein, It’s, it’s, we’ve, Ben Minicucci, Eva Rothenberg, ”, Peter Ingram, Robin Hayes, Minicucci, “ We’ll, Anna Cooban, Svein Tore Holsether Organizations: CNN Business, Bell, New York CNN, Reuters, Microsoft, Wall Street, Columbia Business School, Federal Reserve, Alaska Air, Hawaiian Airlines, Sunday, Alaska Airlines, American Airlines, JetBlue Airways, Justice Department, District of Columbia, Spirit Airlines, Yara, CNN, International Maritime Organization Locations: New York, Reddit, Minicucci, Delta, Southwest, Norwegian, decarbonization
☆ The world may be close to getting its first cargo ship that emits almost no carbon dioxide
  + stars: | 2023-12-01 | by ( Anna Cooban | ) edition.cnn.com   time to read: +4 min
According to the International Maritime Organization, shipping accounts for close to 3% of global annual emissions of CO2 and other greenhouse gases. Yara International, one of the world’s biggest fertilizer makers, has joined forces with its subsidiary Yara Clean Ammonia and Norway’s North Sea Container Line to work on the ship, which will transport goods between Norway and Germany. However, Yara Clean Ammonia plans to provide a mix of “blue” and “green” ammonia for the Yara Eyde. In “blue” ammonia production, CO2 emissions are captured at the source and stored underground, while “green” ammonia is made using renewable electricity. In August last year, the company said it would launch the first carbon-neutral vessel by the first quarter of 2024.
Persons: Svein Tore Holsether, ”, Norway Victoria, It’s, Faïg Abbasov Organizations: London CNN, Yara, CNN, International Maritime Organization, International Energy Agency, Norway Victoria Klesty, Transport & Environment, Maersk Locations: Norwegian, decarbonization, Norway, Germany, Porsgunn, Brussels
☆ We want to prove it is possible to decarbonize shipping, CEO of fertilizer firm Yara says
  + stars: | 2023-11-30 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe want to prove it is possible to decarbonize shipping, CEO of fertilizer firm Yara saysSvein Tore Holsether, CEO of Norwegian fertilizer company Yara, discusses the benefits and potential of its pledge to deliver the first-ever clean ammonia ship.
Persons: Yara, Svein Tore Holsether
☆ We are creating a new 'dependency' for food and fertilizers from Russia: Yara International
  + stars: | 2023-10-20 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe are creating a new 'dependency' for food and fertilizers from Russia: Yara InternationalSvein Tore Holsether, CEO of Yara International, discusses earnings with CNBC and Russian fertilizers entering Europe.
Persons: Svein Tore Holsether Organizations: Yara, CNBC Locations: Russia, Europe
☆ Fertiliser boom reveals food security price power
  + stars: | 2023-02-08 | by ( ) www.reuters.com   time to read: +2 min
LONDON, Feb 8 (Reuters Breakingviews) - A top fertiliser maker has emerged as the surprise winner of Europe’s energy crisis. Food security concerns helped Yara weather the crisis. That and a war in potash and wheat exporter Ukraine created scarcity, which drove up the price of its much-desired products. Before Wednesday’s 5% share bump, it traded on just 4 times its expected 2023 earnings. Now that Yara has proved it can weather a major crisis, this gap is likely to narrow.
☆ Energy crisis chips away at Europe's industrial might
  + stars: | 2022-11-02 | by ( Clara Denina Sarah Mcfarlane | Clara Denina | Sarah Mcfarlane | ) www.reuters.com   time to read: +7 min
The drop is not just because industrial companies are turning down thermostats, they are also shutting down plants that may never reopen. And while lower energy use helps Europe weather the crisis sparked by Russia's war in Ukraine and Moscow's supply cuts, executives, economists and industry groups warn its industrial base may end up severely weakened if high energy costs persist. Reuters GraphicsThe International Energy Agency estimates European industrial gas demand fell by 25% in the third quarter from a year earlier. "We are doing all we can to prevent a reduction in industrial activity," an European Commission spokesperson said in an email. "From Jan. 1, we will be able to switch to oil," company executive Wolfgang Ott said, as the company seeks government help to cushion energy costs.
☆ Yara to pay extra dividend as earnings soar above expectation
  + stars: | 2022-10-20 | by ( Victoria Klesty | ) www.reuters.com   time to read: +3 min
But he told Reuters that Yara has no immediate plans to restart the curtailed production even though European spot gas prices have fallen steadily in recent weeks. "What we have seen with Yara in recent years is that they can get a superprofit from buying ammonia and upgrade it - high gas prices have been advantageous for Yara because they have such good flexibility," he said. Weighed down by soaring energy prices, Yara in August said it had slashed capacity utilisation at its European ammonia plants to just 35%, raising questions about the continent's ability to produce enough fertiliser for its crops. Yara said it expects to pay $540 million more for natural gas in the fourth quarter than a year earlier. Fertiliser prices have risen sharply over the past year, tracking higher energy costs.
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