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Monday, 01 December 2008 | 21:19 UAE time

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Arab Potash Company

  • +32.49 Last
  • +1.52 (+4.91%) Today's Change
  • 41,595 Volume
  • 23.00-95.61 52 Week Range
  • +9.49 (+41.26%) 52 Week Change
As of 1 Dec 2008 10:00 GMT (Market Closed)

COMPANY DESCRIPTION

Arab Potash Company is a Jordan-based manufacturer and supplier of minerals for the use of agricultural and chemical industries sourced mainly from the Dead Sea.

The company was established in 1956 as a pan-Arab business venture and has a 100-year concession from the government to manufacture and market mineral products derived from the famous sea.

The company, together with its subsidiaries produces a range of minerals such as potassium chloride, potassium sulfate, potassium nitrate, industrial salt, bromine and fertilisers.

Its subsidiaries include Nippon Jordan Fertilizers Company, Mud Company and Chemical Industries Limited.

KEY INFORMATION

Industry

Fertilizer Manufacturing

Address

1470, Amman, Jordan

T

962 6 5200520

F

962 6 5200080

E

info@arabpotash.com

W

www.arabpotash.com

COMPANY OVERVIEW

Ownership Type Established on Employees
Public Joint stock 7 Jul 1956 1933-In 2007

MAJOR SHAREHOLDERS

NameCountry
Arab Mining Company Jordan
Government of Iraq Iraq
Islamic Development Bank - Jeddah Saudi Arabia
Jordan Investment Corporation Jordan
Kuwait Investment Authority Kuwait
Libyan Arab Foreign Investment Company Libya
Potash Corporation of Saskatchewan (PotashCorp) Canada

PORTFOLIO

NameCountry
Arab Fertilizers & Chemicals Industries Limited Jordan
Jordan Bromine Company Jordan
Jordan Dead Sea Industries Company Jordan
Jordan International Chartering Company Jordan
Jordan Investment & South Development Company Jordan
Jordan Magnesia Company Jordan
Nippon Jordan Fertilizers Company Jordan
Numeira Mixed Salts & Mud Company Jordan

OFFICERS

BOARD OF DIRECTORSPosition
Mohammad Nasser Salem Mohammad Abu Hammour Chairman
Mansour bin Suliman bin Ibrahim Al Mebrek Vice Chairman
Nabeeh Ahmad Mahmoud Salameh Board Member
Mohammed Nour Abd Al Majeed Ali Al Shreideh Board Member
Eyad Jamal Ahmad AI Qudah Board Member
James Francis Dietz Board Member
Garth William Moore Board Member
Thamer Ahmed Abd Al Majeed Obeidat Board Member
Adnan Ahmad Rashid Al Rashdan Board Member
Hisham Ibrahim Rasheed AI Sha'ar Board Member
Abdel Wadoud Abdel Sattar Mahmoud Al Dulaimi Board Member
Younis Siddiq Younis Kreikshi Board Member
Abdullah Hasan Mshari AI Bader Board Member
MANAGEMENTPosition
Michael Terence Hogan General Manager
Gary Phillips Deputy General Manager - Technical Affairs
William Lawrence Flahr Deputy General Manager - Finance
Jafar Mohammad Hafez Salem Deputy General Manager - Marketing
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