JPMC, world companies agree to launch new investments in Aqaba-Thneibat

(Photo: Jordan News)
AMMAN — The chairman of the Jordan Phosphate Mines Company (JPMC), Mohammad Thneibat, discussed with CEO of Brazilian “We Grow”, Joan Fonzalez, and CEO of the Swiss “Ke Trade” company, ways of cooperation in phosphate fertilizer projects, according to the Jordan News Agency, Petra.اضافة اعلان

The meeting was held on the sidelines of the World Fertilizer Conference, organized by the World Fertilizer Association in the Portuguese capital, Lisbon.

During the meeting, the parties agreed to launch a partnership to establish factories in the city of Aqaba to produce potassium sulfate fertilizers, compounds, and recyclable melting fertilizers.

The factories would have a production capacity of 500,000 tonnes annually, and would be supplied with phosphoric acid and ammonia through the JPMC.

The parties was also agreed to form specialized committees to start studying the project’s technical aspects within the next six months, according to a JPMC statement.

Thneibat stressed the importance of this partnership to producing specialized and in-demand fertilizers, which will provide new job opportunities and benefit the company.

In separate meetings, Thneibat discussed with many international companies’ representatives the possibility of importing Jordanian phosphate ore, phosphate fertilizers from JPMC’s industrial complex and the Japanese-Jordanian Company, as well as phosphoric acid produced in the Indian-Jordanian Chemicals Company, for next year.

Several firms expressed an interest in Jordanian phosphate ore and fertilizers including those from Russia, the US, India, Indonesia, South Korea, Norway, Belgium, and France, among others, according to the JPMC statement. 

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