Petro Miljo is a provider of selective non catalytic reduction (SNCR), a technology that can reduce nitrogen oxide (NOx) emissions, from industrial plants by up to 90%.
NOx can be converted into harmless nitrogen and water via SNCR technology that runs on non-toxic urea-based reagents, which are supplied by chemical companies like Yara.
Petro Miljo will be absorbed as a subsidiary of Yara International, and all of Petro Miljo’s employees and assets will be transferred to Yara International by the end of 2011.
The acquisition will allow Yara to bolster the NOx abatement reagent, handling and storage solutions it provides improving the synergy between the SNCR systems it installs and the reagents it produces.
Yara head of Industrial and senior vice president Yves Bonte said by integrating Petro Miljo’s technical expertise with Yara’s know-how, the company will be better positioned to serve an increasing number of industrial facilities that are exploring how to reduce their nitrogen oxide emissions in an optimal way.
Yara is a chemical company that converts energy, natural minerals and nitrogen from the air into essential products for farmers and industrial customers.
