DOW JONES NEWSWIRES
Norwegian fertilizer producer Yara International ASA (YAR.OS)
Monday said it is acquiring Germany's H+H Umwelt- und
Industrietechnik GmbH, a provider of marine selective catalytic
reduction technology, for an undisclosed sum in order to strengthen
its position in the nitrogen oxide emissions control area.
MAIN FACTS:
-"The H+H acquisition significantly increases our capacity in
the emission to air reduction market, fitting well with Yara's
strategic goals as our air pollution abatement solutions are a
growing part of our business," the head of Yara's Industrial
segment, Yves Bonte, said in a statement.
-Founded in 1998, H+H is based in Hargesheim, Germany and has
over 1,200 installed selective catalytic reduction (SCR) units in
activity around the world.
-At 0909 GMT, Yara shares were down 1.4% at NOK261.90 against a
0.3% rise in the wider Oslo market.
Write to Gustav Sandstrom at gustav.sandstrom@dowjones.com
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