Svein Holsether

President & Chief Executive Officer, Yara

Search every verified Svein Holsether interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Svein Holsether, President and CEO of Yara International, discussed the company's second quarter 2026 results on a July 17 earnings call. He noted an increase in accidents during the quarter, stating that safety is something he takes "very seriously" and that the company has been working to emphasize its safety culture, including holding an annual safety day on April 28. Holsether said he was pleased to see improving safety numbers toward the end of the quarter and expressed hope that the negative trend could be reversed. On July 2, 2026, Holsether announced Yara's acquisition of the Gulf Coast ammonia production facility in Texas City for $1.3 billion, describing the plant as having an expected nameplate capacity of 1.3 million tons per year. He stated that the acquisition demonstrates Yara's execution of its strategy to diversify energy exposure and enhance competitiveness. During the Q&A, Holsether and other executives confirmed that there is currently no carbon capture on the plant and therefore no blue premium for its ammonia, though they noted future possibilities for stepwise decarbonization.