Hydrogas Thailand, Yara's liquid CO2 business in Thailand, has not had the benefit of being linked with Yara's production structure as the European CO2 businesses have. The Thai activities have therefore not benefitted from the same integration synergies. Linde Gas AG, the German-based global industrial gas company, will achieve synergies by integrating Hydrogas Thailand with their existing air and specialty gas business in Thailand.
Yara's book value of Hydrogas Thailand's total assets was NOK 50 million. There will be no significant profit impact as a result of the transaction.
|
Contact |
|
|
|
|
|
Egil Hogna, Investor Relations |
|
Arne Cartridge, Media Relations |
|
Telephone |
(+47) 24 15 71 66 |
|
(+47) 24 15 73 01 |
|
Cellular |
(+47) 90 187 865 |
|
(+47) 47 900 900 |
|
E-mail |
|