Strategy Plan
Planning and strategic thinking are the key factors of the continuous success of the Jordan Phosphate Mines Co. Future planning objectives are decreasing costs, increasing production capacity, diversifying exports, enhancing the core values, and developing the human resources.
The company works on improving products’ quality in the existing industrial facilities through bringing Company’s plants up to date and upgrading their capacities, and modifying the manufacturing processes to be in compliance with environment protection requirements.
Within the frame of the Company’s plans to increase its production and diversify the exporting of its final and intermediate products of phosphate fertilizers, phosphoric acid and aluminum fluoride, and the provision of the needed water to all of its joint venture projects and industrial facilities, the Company has drilled six deep water wells in Eshidiya with pumping capacity of 10 million cubic meter annually. Other related facilities were also installed, such as water distribution network, hot water cooling bridge, pumping stations, controlling systems, electrical power, and the needed road network.
In putting the Agreement of Development and Operation into action, which was signed with Aqaba Development Co./ Aqaba Special Economic Zone Authority, the new phosphate exporting port project was inaugurated. The new phosphate exporting port is located in the industrial zone on the southern coast of Aqaba, where the handling capacity is 6 million tons of phosphate annually. It has been designed to receive and handle various ships of shipments between 5 to 100 thousand tons.
Currently, bidding for the project of upgrading and expanding the industrial port of the Jordan Industrial Ports Co. PLC. is under study. The Jordan Industrial Ports Co., represented by the Jordan Phosphate Mines Co. and the Arab Potash Co. has signed a BOT (Build Operate and Transfer property) agreement to develop, operate and manage the industrial port for 30 years. That agreement was in accordance with the accepted comprehensive plan for Aqaba ports, the related international best practices, and the up to date technology. The completion of the construction work and starting the operation started at the end of 2016. Jordan Industrial Ports Co. is be able to exporting DAP fertilizers, potash (MOP), compound fertilizers (NPKs), concentrated phosphoric acid, and importing the raw materials and various products needed for the fertilizers’ industry, such as ammonia and sulfur, and fulfilling the needs of other affiliated companies.
Based on the Government decision to start the first phase of the national railway network project and the rehabilitation of the railway and the transportation fleet, Jordan Phosphate Mines Co. has fulfilled its commitment up to the implementation of the railway extension, railway uploading station in Eshidiya Mine, and the railway downloading station and its storage facility at Wadi El-Yutom. The Company has fulfilled its commitment, which is constructing the railway uploading station at Wadi El-Yutom, where the designs and engineering documents are under preparation to be included in the bidding documents.
In the frame of the strategic plan that aims at increasing the production capacity, diversifying the fertilizers’ final and intermediate products to be vertically integrated with the mining work, increasing the value added of the Company’s products, and giving the company sufficient flexibility to cope with the market fluctuations, the Company is going along with the ready plan to implement the Jordan India Fertilizer Co. (JIFCO) to produce 475 thousand tons of phosphoric acid. The trial production has started in June 2014. This project would be a guaranteed market of 1.8 million tons of non-commercially marketable phosphate ore.
Jordan Phosphate Mines Co. regards the performance is witnessing a significant and positive change, which have put the Company back to making profits that placed it in its assumed position in the national economy and development. The Company have prepared and implemented expansion plans by locating new markets to target, and increased the annual production from 7 to 8 million tons.