Yara acquires marine air pollution reduction technology specialist in German

In a move that will strengthen its position in the area of Nitrogen Oxide (NOx) Emissions Control systems, Yara has acquired H+H Umwelt- und Industrietechnik GmbH, a leader in Marine Selective Catalytic Reduction (SCR) technology. Through this acquisition, Yara continues to develop into a global emission-to-air abatement company, building a comprehensive portfolio of NOx reduction systems.
 
"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. These cost-effective solutions make good business sense for our customers, enabling them to comply with stricter legislative requirements while making a positive impact on their communities,” said Yves Bonte, SVP and Head of Yara’s Industrial segment.
 
H+H Umwelt- und Industrietechnik GmbH designs and provides SCR exhaust gas treatment systems for the reduction of NOx emissions from marine engines and stationary land engines. The Hargesheim (Germany) based H+H is the market leader in marine SCR technology, while Yara is the world leader in SNCR technology for stationary industrial plants.
 
“There are clear synergies in bringing together technological know-how with Yara's expertise and scale in reagent production and supply, enabling Yara to provide customers with a complete portfolio of NOx reduction solutions. This acquisition represents a firm step towards becoming a global provider of environmental solutions, including NOx reduction for diesel vehicles, industrial plants and now ships,” said Bonte.
 
Michael Heck, Managing Partner, H+H, said, “The deal enables us to better serve existing customers. With Yara's expertise we can be even better positioned to help customers around the world achieve their environmental targets in a reliable and cost-effective manner.”