Arab Potash - Operations - Subsidiaries and Affiliates

Subsidiaries and Affiliates

Arab Potash has several Dead Sea-area affiliates and subsidiary projects, including:

• Jordan Magnesia Company (JORMAG) - APC owns 55% of this company founded in 1997, that is dedicated to the production of 60,000 tons per year (tpy) of magnesium oxide and magnesium hydroxide; the start-up investment cost was US$100 million.
• Numeira Mixed Salts and Mud Company - APC owns 100% of this company founded in 1997, producing "mixed salts" and "Dead Sea Mud" for the cosmetics industry - this company has 60 clients for its cosmetic mud in Jordan alone.
• Kemira Arab Potash Company (KEMAPCO) - This company, founded in 1998, is a joint venture with Kemira Agro of Finland; it produces 150,000 tpy of potassium nitrate fertilizer and 75,000 tpy of dicalcium phosphate animal feed supplement.
• Jordan Bromine Company (JBC) - This company is a joint venture with Albemarle Holdings Company of the United States, dedicated to producing bromine and bromine derivatives, including 50,000 tpy of bromine; 25,500 tpy of tetra bromo bis phenol-A (TBBP-A), used as a flame retardant; 40,000 tpy of calcium bromide, which is used in the oil drilling industry; 10,000 tpy of sodium bromide, used in photography; and 2,500 TPY of hydrogen bromide.
• Jordan Safi Salt Company (JOSSCO) - APC owns 100% of this company, which produces produces 1.2 million tpy of industrial salt and 32,000 tpy of table salt, and operates a port facility in Aqaba in the south of Jordan.
• Nippon Jordan Fertilizers Company - APC has a 20% stake in this joint venture along with ZEN-NOH, Mitsubishi Kasei, Asahi and Mitsubishi Corporations 60%; and Jordan Phosphate Mines (JPMC) 20%; it produces 300,000 tpy of NPK fertilizer and DAP Fertilizer (diammonium phosphate) and operates a port facility in Aqaba. It began production starting in 1997.