17 June 2008 13:13 [Source: ICIS news]
DUBAI (ICIS news)--Jordan Phosphate Mines Co (JPMC) has signed a $90m (€58.5m) deal with Bahrain’s Venture Capital Bank for the expansion of Jordan Al Abyad Fertilizers and Chemicals Co (JAFCCO), the bank said on Tuesday.
The plants would be located in Al Abyad close to the Abyad phosphate mines, which would supply phosphate rock, one of the main raw materials for the project, it added in a statement but did not provide any information on the project's completion dates.
China-based CQMMC was expected to carry out the engineering, procurement and construction (EPC) works of the project on a turnkey basis.
Once the expansion was complete, production was expected to rise to 132,000 tonnes/year of sulphuric acid, 80,000 tonnes/year of potassium sulphate, 65,000 tonnes/year of triple super phosphate, 15,000 tonnes/year of di-calcium phosphate and 58,000 tonnes/year of calcium chloride.
JAFCCO is a Jordan-based fertilizer and chemicals company, which specialises in the production of high quality potassium sulphate and hydrochloric acid.
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