JPMC signs $1.5b accords

(Photos: Petra)
AMMAN —The Jordan Phosphate Mines Company (JPMC) signed several agreements worth $1.5 billion with visiting Indian phosphate and phosphate fertilizer companies and manufacturers, the Jordanian News Agency, Petra, reported.اضافة اعلان

Under the agreements, JPMC will supply the Indian Farmers Fertilizer Cooperative Limited (IFFCO) with about 2 million tonnes of phosphate and 100,000 tonnes of phosphoric acid annually. It will also supply to Indian Potash Limited (IPL) and IFFCO with about 250,000 tonnes per year with DAP fertilizer each, according to Petra.

Additionally, JPMC will supply IPL with 100,000 tonnes of phosphate for the manufacture of single superphosphate annually, in addition to supplying RCF, another Indian company, with 100,000 tonnes of phosphates annually, Petra added.

The agreements pave the way for the establishment of two phosphoric acid plants in Shediya and Aqaba in southern Jordan.

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