Yara and WMS tackle maritime emissions

As part of a new collaborative agreement, the companies will focus on core strengths in maritime emissions reduction market.

Under the agreement, Yara will take ownership of Yarwil’s NOx abatement technology, for Selective Catalytic Reduction (SCR), and further develop it for use in the marine emissions to air market.

WMS will continue as a distributor in the maritime market.

“The market for this environmental technology is rapidly increasing and we expect to see a steady growth with adoption of such systems by commercial vessels,” said Yves Bonte, head, Industrial, Yara.

“Yarwil and the NOxCare Marine solution have been successful, but the competitive environment in their main markets has gotten steadily tougher, putting increasing pressure on prices and profitability. A leaner supply model is therefore needed to counter this development,” added Dag Schekerven, president and CEO, WMS.

A global sales and distribution organisation will be set up to build on Yarwil’s existing sale sans supply structure.

Yara will also acquire the sulphur oxides (SOx) scrubber development project from Maritime Protection, recently acquired by Wilhelmsen Technical Services (WTS), and a commercial agreement will be established for WTS to sell the technology.

WMS and Yara entered the market in 2007 with the Yarwil joint venture, offering NOx abatement solutions under the NOxCare brand.

Yarwil and its employees will be transferred to the two parent companies.