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Wednesday, 19 January 2022 16:11

Jordan Phosphate Mines Company proposes the increasing of business by forming a joint venture with Indonesia

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To boost the trade relations between Indonesia and accredited countries, Indonesian representatives abroad establish close relationships with many partners, including the government and State-Owned Enterprises (SOEs). Recently, the Indonesian Embassy (KBRI) Amman has received a visit from Jordan Phosphate Mines Company (JPMC) in order to discuss business improvement for both countries last Thursday (13/1).

In the meeting, JPMC was represented by Chairman Mohammad Thneibat and JPMC CEO, Mr. Abdel Wahab Alrowwad. Chairman Mohammad Thneibat conveyed his welcome and congratulations on duty to Indonesian Ambassador to Jordan, Ade Padmo Sarwono. He also explained lots of business collaborations carried out by JPMC in Indonesia, including joint ventures, such as between PT Petrokimia Gresik and PT Petro Jordan Abadi which is located in East Java.

Meanwhile, Ambassador Ade Padmo expressed his appreciation to the two heads of JPMC for the ongoing business relationship and he hopes that business cooperation could be continuously enhanced with Jordan, particularly JPMC. Ambassador Ade also expressed Indonesia's interest in investing in Jordan, which has been welcomed well by Chairman Mohammad Thneibat.

JPMC is a state-owned enterprise of Jordan, which engages in the mining and phosphate industry that becomes the second largest phosphate exporter in the world. Every year, JPMC exports around 1.2 million tons of raw phosphate to Indonesia. Phosphate is one of the 3 major nutrients in artificial fertilizers. It can be processed into various derivative products; one of them is phosphoric acid which is used in various products, such as fertilizers, animal feed, detergents and food products.

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