Yara gives Uhde right to license urea technology

08-Sep-2005

Yara has signed an agreement with Uhde Fertilizer Technology (UFT) giving UFT the exclusive license rights to Yara's well-established fluid bed urea granulation technology. Yara's urea granulation technology has been installed in more than 50 urea plants since it was launched in 1975. Licensing of urea granulation technology is not part of Yara's technology strategy, which concentrates on development of other technologies.

According to the agreement, UFT will take over the full rights to this technology worldwide, including its licensing to other contractors. Yara will support the technology transfer through a service agreement for support on licensing, engineering and commissioning. In order to ensure continued development of the technology, UFT will have access to the pilot plant in Yara's Sluiskil plant. On-going contracts like the fluid bed granulation plant of 3,600 tonnes/day currently being built in Al-Jubail, Saudi Arabia, will not be transferred to UFT but completed by Yara.

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