Amman, July 19 (Petra) — The Arab Potash Company (APC) and Jordan
Phosphate Mines Company (JPMC) signed a partnership agreement to
develop an integrated industrial complex in Aqaba and Shidiya and
establish the Jordanian Advanced Company for Specialized Fertilizer
Industries.

In a joint statement Sunday, the companies said the project
represents a key step in their growth strategies for the fertilizer
and petrochemical sectors by developing advanced downstream
industries that integrate potash and phosphate resources to produce
specialized, high-value-added products.

The project aims to establish a complete industrial value chain,
extending from the extraction and processing of raw materials to
manufacturing and export, maximizing the use of Jordan’s natural
resources and increasing the contribution of downstream industries to
the national economy.

Chairperson of the JPMC Mohammad Thneibat said industrial integration
between the phosphate and potash sectors creates new opportunities
for developing mining and chemical industries and increasing their
contribution to economic growth.

He added that the joint investment provides a strong foundation for
future industrial projects based on value addition and the efficient
integration of national resources.

Chairperson of the APC Shehadeh Abu Hudeib said the partnership marks
a new phase of strategic cooperation between Jordan’s leading mining
companies.

He noted that the integrated industrial complex reflects the
companies’ commitment to developing advanced downstream and
derivative industries that maximize the economic value of national
resources, enhance long-term operational and financial sustainability
and support the objectives of the Economic Modernization Vision.

CEO of the APC Maan Nsour said the project represents an advanced
implementation of the company’s growth strategy for the fertilizer
and derivative chemicals sector for 2024-2034.

He explained that the project is based on flexible operational plans
designed to respond to global market changes while balancing
sustainable profitability and risk management. It will also support
expansion in specialty fertilizers and derivative industries,
diversify products and improve access to key international markets.

Nsour said the project aligns with the Economic Modernization
Vision’s focus on developing mining and chemical industries,
strengthening industrial integration and increasing the sectors’
contribution to economic growth.

He added that the initiative represents a qualitative shift from
exporting raw materials toward producing advanced, high-value-added
industrial products, reinforcing Jordan’s position as a regional hub
for specialty chemical industries.

CEO of the JPMC Abdul Wahab Rawad said the project represents a
significant milestone in cooperation and industrial integration
between Jordan’s major mining companies. He said the new industrial
complex will strengthen national export capabilities, increase
production flexibility and generate sustainable economic value and
returns for both companies.

Rawad added that the project reflects the commitment of the JPMC and
the APC to developing specialized fertilizer industries related to
phosphate, phosphoric acid and potash by utilizing advanced
industrial technologies and accumulated expertise.

He said the initiative will support downstream industries, strengthen
Jordan’s integration into global value chains and contribute to
positioning the Kingdom as a reliable supplier of specialized
fertilizers in regional and international markets.

//Petra// AJ