Jordan Phosphate Mines

Jordan Phospate Mines

Type	Public company
Industry	Mining, manufacturing
Founded	1953
Headquarters	Amman, Jordan
Key people	Amin Kamel Kawar (founder)
Products	Phosphates, fertilizer, chemicals
Website	http://www.jordanphosphate.com/

Jordan Phosphate Mines is a mining company based in Jordan. It was founded in 1949 and its main offices are located in Amman. The company operates 3 mining facilities in Jordan and a chemical manufacturing complex in Aqaba. The company's name is abbreviated to JPMC and its stock is listed on the Amman Stock Exchange's ASE Weighted Index as "JOPH".

---Board Of Directors

Chairman Amer Al Majali

Juniadi almasri Talal Alsadi

Abdulkareem Almalhema/Deputy chairman Munther Haddadin Member

Saeed shanan Hamad al Omer Haytham batikhi Khaled al Quran

Operations

Mining

According to the company's website, more than 60% of the area of Jordan has phosphate deposits at minable depth, and JPMC is currently the only company mining phosphates in Jordan. JPMC's three mining facilities are located in:

Russeifa, 15 kilometers (9 mi) north of Amman, commencing in 1935
Hassa and Al-Abiad, 135 kilometers (84 mi) south of Amman, commencing in 1962 and 1979
Eshidiya, 125 kilometers (78 mi) northeast of Aqaba, commencing in 1989

1986 acquisition

In 1986, Jordan Phosphate Mines bought out the Jordan Fertilizer Company, in which it had a 25% share of stock; the Jordanian government had owned 50% of the company. Jordan Fertilizer at the time was operating a chemical and fertilizer manufacturing complex in Aqaba, which was taken over by JPMC.

Manufacturing

JPMC's al-Aqaba complex produces fertilizer and chemicals, including:

Phosphoric acid - used to make fertilizers, detergents, pharmaceuticals, steel and cola
Diammonium phosphate - DAP fertilizer
Sulphuric acid - many uses
Aluminium fluoride - used as a catalyst in the manufacture of aluminium and magnesium; used as a ceramic glaze

Affiliations and partnerships

JPMC's corporate partnerships include:

A 2007 memorandum of understanding signed with IFFCO - Indian Farmers Fertiliser Cooperative, "the largest fertilizer manufacturer in India"
Indo-Jordan Chemicals, held by JPMC, Southern Petrochemical Industries of India and The Arab Investment Company of Saudi Arabia
Nippon Jordan Fertilizer Company - a joint venture held by JPMC, the Arab Potash Company, and a Japanese consortium, comprising ZEN-NOH, Mitsubishi Corporation, Mitsubishi Chemical and Asahi Kasei.
PT Petro Jordan Abadi, a joint venture between Jordan Phosphate Mine Co. Plc. with Indonesian company, PT Petrokimia Gresik. The new plant was predicted to be completed in January 2014 for producing 200,000 tons phosphoric acid, 600,000 tons sulphuric acid and 500,000 tons gypsum granulation per year.^[1]

References

↑ http://www.thejakartapost.com/news/2011/07/21/jordanian-company-petrokimia-build-phosporic-acid-plant.html

External links

This article is issued from Wikipedia - version of the Monday, January 04, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.