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Regions :: Middle East :: Saudi Arabia
Al Hamdi to Invest $1.4 billion in Fertilizer Complex in Jordan
3:16 AM MDT | October 28, 2011 | Natasha Alperowicz
Saudi Arabian mining company Al Hamdi Group (Jeddah) plans to build a JD 1-billion ($1.4billion) phosphoric acid and fertilizer complex in Jordan, according to chairman Abdul Karim Al Hamdi who recently signed an agreement with the Jordan Investment Board. Construction will start in the second quarter of next year, with initial capacity for 310,000 m.t./year of phosphoric acid. The facility will be based in the Badr complex area at Al Hasa in the south of Jordan and is due onstream within two years. The second phase will involve the doubling of phosphoric...
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