Jordan India Fertiliser Company
Activity: Phosphoric Acid Plant Production (1500 MTPD)
Corporate Office: Amman, Jordan
Plant Site: Eshidiya, Jordan
IFFCO’s Shareholding: 27%
Jordan India Fertilizer Company (JIFCO), a Joint Venture Company incorporated in Amman, Jordan in which IFFCO (27%) and KIT (25%) together hold 52% equity, while JPMC holds 48% equity in JIFCO.
The Company has implemented a Phosphoric Acid complex with associated facilities at Eshidiya in Jordan having the annual capacity to produce 4,75,000 tonnes of P2O5 per annum. JIFCO declared commencement of regular operations on December 1, 2014. The plant was dedicated to Jordan by Hon’ble President, Mr. Pranab Mukherjee and His Majesty, King Abdullah II of Jordan on October 10, 2015.
Pursuant to the long term Rock Supply Agreement, JPMC is supplying the Rock Phosphate for the Project and KIT is purchasing the majority of Phosphoric Acid (minimum 70%) produced under a long term Phosphoric Acid Off-Take Agreement.
International Finance Corporation (IFC) and European Investment Bank (EIB) are Senior Lenders for the project.
For the year 2017, JIFCO produced 4,66,840 tonnes of Phosphoric Acid in terms of P2O5 , achieving a capacity utilization of 98%.www.jifco.co