Hans Olav Raen appointed CEO of Yara Clean Ammonia
02 Aprile 2024 - 3:00PM
Hans Olav Raen appointed CEO of Yara Clean Ammonia
Hans Olav Raen is appointed CEO of Yara Clean Ammonia
(YCA), effective 1st May 2024.
Mr. Raen has until now been Business Director and heading OCI’s
fertilizers business in Europe. He has more than 25 years of
experience in the fertilizer industry, including twelve years with
Norsk Hydro and Yara International (between 1997 and 2009), where
Mr. Raen held commercial and managerial roles in Europe and
Africa.Hans Olav Raen holds a master’s degree from the College of
Europe as well as a degree in digital leadership from the ESSEC
Business School in Paris.- We are pleased to announce that Hans
Olav will be heading Yara Clean Ammonia. Together with the strong
YCA-team, I am confident that Hans Olav will support and lead the
company to the next level, spearheading the rapidly growing clean
ammonia business, says Magnus Krogh Ankarstrand, EVP Corporate
Development in Yara International. Ankarstrand will continue as
Chairman of the Yara Clean Ammonia Board.
Contact
Hilde SteinfeldCommunication director, Yara Clean AmmoniaE:
hilde.steinfeld@yara.comM: +47 99 35 30 30
About Yara Clean Ammonia
Yara Clean Ammonia is uniquely positioned to enable the hydrogen
economy in a market expected to grow substantially over the next
decades. We aim at significantly strengthening our leading global
position as the world’s largest ammonia distributor, unlocking the
green and blue value chains, and driving the development of clean
ammonia globally.
Building on Yara’s leading experience within global ammonia
production, logistics and trade, Yara Clean Ammonia works towards
capturing growth opportunities in low-emission fuel for shipping,
power generation, carbon-free food production and ammonia for
industrial applications.
Yara Clean Ammonia operates the largest global ammonia network
with 15 ships and has, through Yara, access to 18 ammonia terminals
and multiple ammonia production and consumption sites across the
world. Revenues and EBITDA for the FY 2023 were USD 1,9 billion and
USD 101 million respectively. Yara Clean Ammonia is headquartered
in Oslo, Norway.
www.yaracleanammonia.com
About Yara
Yara's mission is to responsibly feed the world and protect the
planet. We pursue a strategy of sustainable value growth through
reducing emissions from crop nutrition production and developing
low-emission energy solutions. Yara’s ambition is focused on
growing a nature-positive food future that creates value for our
customers, shareholders and society at large and delivers a more
sustainable food value chain.
To drive the green shift in fertilizer production, shipping, and
other energy intensive industries, Yara will produce ammonia with
significantly lower emissions. We provide digital tools for
precision farming and work closely with partners at all levels of
the food value chain to share knowledge and promote more efficient
and sustainable solutions.
Founded in 1905 to solve the emerging famine in Europe, Yara has
established a unique position as the industry’s only global crop
nutrition company. With 18,000 employees and operations in more
than 60 countries, sustainability is an integral part of our
business model. In 2023, Yara reported revenues of USD 15.5
billion.
www.yara.com
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