Asian Specialty Chemicals Newsletter

Total Page:16

File Type:pdf, Size:1020Kb

Asian Specialty Chemicals Newsletter ASIAN SPECIALTY CHEMICALS NEWSLETTER MARCH 2010, ISSUE 62 A Quarterly newsletter of developments in the chemicals industry C ONTENTS We hope you find the Asian Specialty Middle East, the US, and Europe. C hina .......................... 1 Chemicals Newsletter informative. H O N G K O N G ................... 2 If you think that BDA’s services may be I N D ia ........................... 2 The troubled chemical sector is consolidating useful to you, please contact us at any one fast, and the center of gravity of the industry of our offices or email me at erellie@bdallc. I N DO nesia .................... 3 is shifting to Asia. com. Contact details for our offices are at J apan .......................... 3 the back of this newsletter. We look forward KO rea .......................... 4 BDA is an investment banking advisory to speaking with you in the future. sin G ap O re .................... 4 firm which assists multinational clients to taiwan ........................ 4 identify, assess and execute cross-border transactions involving Asia, including Euan Rellie, Senior Managing Director V ietnam ....................... 5 acquisitions, divestments, JVs, capital [email protected] raising, and restructuring. We have offices and professional staff throughout Asia, the China Chemical Stock Indices for Selected Countries (12 months ending 15Mar10) Anhui Wanwei Updated High-Tech 350 Material Industry, a Chinese industrial materials manufacturer, plans to acquire India 65% of Inner Mongolia Mengwei 300 Technology, a Chinese manufacturer of calcium carbide, from Inner Mongolia 250 Baiyanhu Chemical, a Chinese chemicals manufacturer for US$37m. January 12, 200 2010 Euro Japan Changjiang Fertilizer Holdings, a 150 u Korea provider of nitrogenous fertilizer, plans to acquire the production facilities US of Chinese chemicals manufacturer, 100 China Xiangyin County Dadi Chemical, for US$10m. February 25, 2010 50 Mar-09 May-09 Jul-09 Sep-09 Nov-09 Jan-10 Mar-10 China Grand Pharmaceutical & Source: ThomsonOne, BDA Healthcare Holdings, a Hong Kong 2 AS I A N S PEC I A L T Y C HE mi CALS NEWSLETTER M ARCH 2010, ISSUE 62 Specialty Chemicals Price/Revenue Ratios for Selected Countries (15Mar10) listed chemicals manufacturer, has acquired 75% of Shanxi Zhongqiang 3.5x Coal Chemicals, Chinese coal chemicals 3.2x provider, for US$9m. February 20, 2010 3.0x 2.8x 2.5x Hong Kong 2.0x 1.9x Long Success International, a Hong 1.5x Kong paper company, plans to acquire 1.0x Ever Stable Holdings, a Hong Kong 1.0x 0.9x 0.8x manufacturer of biodegradable resin. February 4, 2010 0.5x Poon Sau Tin and Mai Mao Quan, private 0.0x China India Japan Korea US EU investors, have agreed to acquire Win Profit (Asia Pacific), an emulsion paint Source: ThomsonOne, BDA chemicals manufacturer, from Wing listed manufacturer of pharmaceutical Hebei Hua An Biopharmaceutical, a Shing Group, a subsidiary of Hong Kong chemicals, through its subsidiary, Chinese company, plans to acquire 33% oil and gas company PetroAsian Energy Wuhan Grand Pharmaceutical, plans to of Chongqing Kangwei Biotechnology, a Holdings, for US$4m. February 9, 2010 acquire agrochemical company Hubei Chinese stomach disease vaccines and , a Chinese Fuchi Chemical and Pharmaceutical, chemicals company, for US$23m. January Shaanxi Yanchang Petroleum state-owned oil and gas company, has for US$17m. March 3, 2010 30, 2010 acquired 15% of Sino Union Energy , a wholesaler of China Huarong Asset Management Henan Zhongyuan Chemical, a Chinese investment Group polyurethane and fuel chemicals, from (CHAM), a Chinese state-owned chemicals manufacturer, plans to acquire . January 12, 2010 investment firm, and Rongde Asset 52% of Xilingol Sunite Alkali Industry, a Golden Nova Holdings Management, a 51:35:14 investment JV Chinese alkali chemicals company, from between CHAM, Deutsche Bank and AIG, natural gas and coal chemicals company, have acquired 43% of Ningxia Huahui Inner Mongolia Yuan Xing Energy, for India Activated Carbon, a Chinese manufacturer US$34m. January 21, 2010 of activated carbon chemicals, from a Allied Resins and Chemicals, a listed Indian formaldehyde and powder resins steel wire rope provider, Ningxia Hengli Sinopec, a listed Chinese petroleum company, plans to merge with ARCL Steel Wire Rope, for US$8m. January 13, and chemical company, and BASF, a Organics, an Indian manufacturer 2010 German chemical company, plan to invest US$1.4bn in a JV in Nanjing to produce of inorganic, organic chemicals and synthetic resins. February 8, 2010 Eastman Chemical, a US chemical specialty chemicals for the construction, manufacturer, acquired a Chinese electronics, pharmaceuticals and , an Indian cellulose-based polymers company, automotive industries. March 8, 2010 Artek Surfin Chemicals metal finishing company, and Tongxiang Xinglong Fine Chemical. Arterian Investment Partners, a US-based January 15, 2010 Yantai Wanhua Polyurethanes, a Chinese 3 AS I A N S PEC I A L T Y C HE mi CALS NEWSLETTER M ARCH 2010, ISSUE 62 investment firm, have beat SK Capital Specialty Chemicals Trading Multiples for Selected Countries (15Mar10) in the bidding for the polyvinyl chloride additives business of US specialty 60.0x chemicals firm Chemtura, with a US$16m 54.1x bid. February 15, 2010 50.0x Asset Reconstruction, an Indian asset 40.0x management firm, plans to acquire 53% of Southern Petrochemical Industries, 30.0x 24.5x 22.1x an Indian fertilizer and chemicals 20.9x 20.0x 18.8x manufacturer, for US$76m. February 22, 16.1x 12.0x 12.5x 10.3x 2010 8.6x 9.8x 9.9x 10.0x Bain Capital, a US private equity 0.0x firm, plans to acquire 35% of Himadri China India Japan Korea US EU Chemicals & Industries, an Indian coal EV/EBITDA P/E chemicals company, for US$124m. January 1, 2010 Source: ThomsonOne, BDA Dorf Ketal Chemicals India, a private of Oman, formed a US$680m JV with Pesticides, an Indian pesticides company. Indian specialty chemicals company, JBF Industries, a partially oriented January 25, 2010 has acquired DuPont Chemicals and yarns provider, to manufacture purified Fluoroproducts’ global specialty catalysts terephthalic acid. February 4, 2010 business, for US$40m. January 5, 2010 Indonesia Ruchi Soya Industries, a manufacturer India Debt Management, IFCI, Stressed of edible oils, vanaspati, bakery fats Jordan Phosphate Mines Company Assets Stabilization Fund and Susram and soya foods, plans to merge with (“JPMC”), a rock mining company, and Financial Services & Techniques, Palmtech India, an Indian palm oil PT Petrokimia Gresik, an Indonesian private Indian investment firms, plan producer. February 6, 2010 fertilizers company, have agreed to to acquire 39% of Ganesh Benzoplast, form a US$200m 50:50 JV to produce an Indian manufacturer of sodium Shree Renuka Sugars, an Indian sugar phosphoric and sulfuric acid in Indonesia. benzoplast, for US$8m. January 11, 2010 producer, has acquired a controlling January 19, 2010 stake in Brazillian ethanol group, Lanxess, a Germany specialty chemicals Equipav, for US$330m. Shree Renuka Japan company, has completed the first phase will invest US$120m in Equipav to reduce of construction of a rubber chemicals the company’s debt and expand capacity AMPAC Fine Chemicals LLC (“AFC”), a manufacturing site in India. Lanxess will to 12m tpa. February 16, 2010 subsidiary of API manufacturer American invest US$68m in the plant and will begin Pacific Corporation, has entered into production later this year. March 4, 2010 Willowood Group, a Hong Kong crop a partnership with Inabata & Co, a protection manufacturer, through its Japanese chemicals company. The Oman Oil, an oil & gas company owned crop chemicals subsidiary Willowood purpose of the collaboration is to provide by the Government of the Sultanate Chemicals, has acquired Shreeji access to the Japanese pharmaceutical 4 AS I A N S PEC I A L T Y C HE mi CALS NEWSLETTER M ARCH 2010, ISSUE 62 market for AFC’s API manufacturing January 15, 2010 industrial wood coatings manufacturer, technologies. February 17, 2010 from Arch Chemicals, a chemicals Phytochrome Inc, a plant activator provider, for US$54m. Under the terms of Asahi Chemical, a Japanese chemistry and fertilizers company, plans to the agreement, the acquisition includes and materials science company, has acquire the organic fermented fertilizer Sayerlack’s operations in Singapore. acquired the bond and coating materials business of EKK Agri Science, a Japanese February 17, 2010 business of Nissan Chemical Industries, manufacturer of agricultural chemicals. a listed Japanese provider of chemical February 1, 2010 Taiwan products. March 1, 2010 Toyobo, a Japanese manufacturer of Applied Materials Inc, a US-based Calgon Carbon, a US-based activated synthetic fibers, cotton and wool, plans nanotechnology company, has opened carbon, UV light disinfection and oxidation to acquire the polybutylene terephthalate a new manufacturing center in Tainan. provider, plans to acquire 31% of Calgon business of DIC Corp, a Japanese The 15,000 sqm facility will enhance Mitsubishi Chemical (“CMCC”), its 49:51 manufacturer of printing inks and related Applied’s capability to serve its flat-panel JV with Mitsubishi Chemical, a Japanese chemicals. March 4, 2010 display and thin-film solar photovoltaic chemicals manufacturer. Calgon Carbon customers in Asia while capitalizing will purchase the remaining 20% at a Korea on Taiwan’s location, talent pool and later date. February 12, 2010 supply-chain efficiencies. The Tainan Alchimer SA, a chemical formulations manufacturing center employs 150 DSM NV, a Dutch life science and provider for electronics, signed an people and is expected to build and ship materials company, has agreed to agreement with KPM Tech, a Korean 100 new plasma-enhanced chemical acquire the Novamid polyamide business chemical and equipment manufacturer. vapor deposition and physical vapor of Mitsubishi Chemical, a Japanese This agreement will give KPM Tech deposition systems in 2010 - a 400% chemicals manufacturer, in exchange for exclusive rights to produce chemicals in increase in shipments from 2009. March DSM’s Xantar polycarbonate business.
Recommended publications
  • The Socio-Economic Impacts of Mining on Local Communities: the Case
    The Extractive Industries and Society 3 (2016) 494–507 Contents lists available at ScienceDirect The Extractive Industries and Society journal homepage: www.elsevier.com/locate/exis Original article The socio-economic impacts of mining on local communities: The case of Jordan a, b a Rami Al Rawashdeh *, Gary Campbell , Awwad Titi a Mining Engineering Program, College of Engineering, Al-Hussein Bin Talal University, P.O. Box 20, Ma’an, Jordan b School of Business and Economics, Michigan Technological University, Houghton, MI 49931, USA A R T I C L E I N F O A B S T R A C T Article history: This paper compares selected socioeconomic indicators (e.g. unemployment, Human Development Received 30 October 2015 Index, poverty, education, health and environment) in the Southern Region of Jordan with those of its Received in revised form 3 February 2016 northern and central parts, with the aim of exploring what impact mining has had on local communities. Accepted 3 February 2016 According to the development indicators examined, the South Region of Jordan lags behind, Available online 23 February 2016 developmentally, the rest of the country as a whole, and that there appears to be a correlation between mining activities in the country and lower-than-average performance, as measured by development Keywords: indicators. However, this correlation may not be causation and could be due to other factors at work, Socio-economic impact mining communities may be better off than they would have been otherwise. Before and after mining Mining comparisons of socioeconomic indicators for the locality of Ma’an provide no indication of faster Economic development Jordan development relative to the rest of the country for the same time period.
    [Show full text]
  • India – Jordan Relations
    India – Jordan Relations India’s relationship with Jordan has always been characterized by warmth and goodwill based on mutual respect. The two countries signed their first bilateral agreement for cooperation and friendly relations in 1947, which was formalised in 1950 when the two countries established full-fledged diplomatic ties. This year the 65th Anniversary of diplomatic relations is being celebrated with large scale cultural activities to enhance people to people exchanges. To promote and facilitate tourism, another “India Road Show” is proposed for October, 2015 along with the 1st Meeting of the JWG on Tourism Cooperation. In November, 2014, Government of India decided to extend e-TV facility to Jordanians. Apart from Media interactions, the GoITO also organized one information and interaction seminar for local tour operators in Amman. To help Jordan in its capacity building efforts 30 ITEC slots have been made available apart from other scholarships under ICCR. During the recently held 9th Session of the India-Jordan Joint Trade and Economic Committee meeting in Amman on 29-30 March, it was, inter alia, agreed to a bilateral trade target of US $ 5 bn by 2020 and holding of annual Indo-Jordan Business Forum. Cooperation in Multilateral Fora Our interaction with Jordan in multilateral fora, particularly under UN’s framework has fostered better understanding on mutual concerns and priorities. Jordan had extended its support for India’s candidature for a non-permanent seat in the UN Security Council for the term 2011-12 and India had extended its valuable support to Jordan’s candidature for the seat for the term 2014- 16.
    [Show full text]
  • The Impact of Cognitive Empowerment on Human Resources Development at Jordan Phosphate Mines Company
    IOSR Journal of Business and Management (IOSR-JBM) e-ISSN: 2278-487X, p-ISSN: 2319-7668. Volume 22, Issue 1. Ser. V (January. 2020), PP 41-51 www.iosrjournals.org The Impact of Cognitive Empowerment on Human Resources Development at Jordan Phosphate Mines Company Majed Mohammad Salem Al-Rahahleh Corresponding Author:Majed Mohammad Salem Al-Rahahleh Abstract: This study aims to investigate the Impact of Cognitive Empowerment on Human Resource Development among Employees at Jordan Phosphate Mines Company. Statistical Package for Social Sciences (SPSS) was used; a simple regression analysis was used to test the extent to which the dependent variable (human resource development) was affected by the independent variable (cognitive empowerment). The results of the hypothesis test showed that the effect of cognitive empowerment on human resource development was positive and statistically significant. Accordingly, cognitive empowerment has a significant role in the company;the study also suggestedproviding a suitable climate of employees to share the knowledge and increasing learning, taking care of the human resource developmentto increase the productivity by best maximizingexploitation of employees and flourish the tools to create responsibility. Key words: cognitive empowerment, human resource development, Jordan Phosphate Mines Company. ----------------------------------------------------------------------------------------------------------------------------- ---------- Date of Submission: 08-01-2020 Date of Acceptance: 23-01-2020 -----------------------------------------------------------------------------------------------------------------------------
    [Show full text]
  • Minerals and Processing Mining Sector in Jordan
    Ref. Ares(2015)2843936 - 07/07/2015 Prepared by: Eng. Abeer Ramadna Ministry of Industry and Trade Jordan Oct,2012 Economic Indicators –Jordan Competitive Advantages of Mining Sector in Jordan Investment Opportunities in Mining and Processing Sector in Jordan The Vision A distinguished ministry which plays a pioneering and initiave role and boosting its competitively to achieve the national objectives taking it up to global distinguished levels reflecting its traces on improving the citizen standard of living and welfare The Mission . Contributing in achieving a continuous economic growth through: · Proficient and effective administration of Jordan economic and commercial dual, regional and international multiple parties relations. · Developing and implementing the policies, legislations and programs aiming to boost business and investment environment in a form that increases Jordan economic attraction and insures the consumers and business sector rights and benefits. Q1 2012 2011 2010 GDP AT current 10,122.2 20,477.6 18,762.0 prices ( JD MN) Real GDP Growth 3.0 2.6 2.3 Prices (JD)at market prices GDP per Capita at N/A 3,277 3,069 market Prices (JD) Inflation (%) 3.9* 4.4 5.0 * First 6 months in 2012 o In the first quarter of 2012, real GDP at market prices grew by 3.0 percent compared to 2.3 percent in the same quarter of 2011 o Inflation, measured by the Consumer Price Index (CPI), slowed down to 4.0 percent during the first seven months of 2012 compared to 4.7 percent during the same period of 2011 Indicator Q1-2012 2011 2010 Industrial Production Quantity 148 148.7 149.7 Index It shares from GDP (%) 23.2 24.9 24.4 Manufacturing sector (%) 18.9 20.4 20.2 Mining and Quarrying (%) 2.2 2.1 1.8 Electricity and Water (%) 2.1 2.4 2.4 • The real economy registered a growth rate of 3.0 percent during the first quarter of 2012 against 2.3 percent during the same quarter in 2011.
    [Show full text]
  • The Mineral Industry of Jordan in 2015
    2015 Minerals Yearbook JORDAN [ADVANCE RELEASE] U.S. Department of the Interior April 2019 U.S. Geological Survey The Mineral Industry of Jordan By Mowafa Taib Jordan was an important supplier of bromine, phosphate the Organization of Natural Resources Affair Law (Law No. 12 rock, phosphate fertilizers, and potash to the world in 2015. of 1968). The law tasked MEMR through the Natural Resources The country was the world’s (excluding the United States) Authority (NRA) with the responsibility of prospecting, carrying third-ranked producer of bromine after Israel and China out geologic and economic studies needed for the development and accounted for 25.6% of the world’s (excluding the of the country’s natural resources, overseeing mining methods, United States) output. Jordan was the world’s fifth-ranked and producing minerals in the country. The NRA, which was producer of phosphate rock after China, Morocco, the formerly an autonomous Government agency, was dissolved and United States, and Russia, and accounted for 3.4% of world became part of the MEMR according to the Restructuring of production. The country was also the world’s seventh-ranked Institutions and Government Departments Law No. 17 of 2014. producer of potash and accounted for 3.2% of world output. MEMR assumed the functions of the NRA, including promoting Other mineral commodities produced in Jordan included investment in the country’s mineral resources. The regulatory aluminum fluoride, calcium carbonate, cement, common responsibilities of the NRA were transferred to the Energy clay, crude petroleum, gypsum, iron and steel, kaolin, lime, and Minerals Regulatory Commission (EMRC), which was limestone, marble, natural gas, pozzolanic materials, refined an autonomous agency with oversight of electricity, minerals, petroleum products, salt, silica sand, sulfuric acid, travertine, and nuclear installations.
    [Show full text]
  • The Eighth Jordan International Chemical Engineering Conference (Jichec 2017) November 7-9, 2017
    The Eighth Jordan International Chemical Engineering Conference (JIChEC 2017) November 7-9, 2017 Optimization of phosphogypsumby-production using orthophosphoricacid as leaching solvent with different temperatures and leaching times Tayel El-Hasan1*; Nafeth Abdelhadi2 and Monther Abdelhadi3 1 Department of Chemistry, Faculty of Science, Mu’tah University, 61710, Al-Karak – Jordan; [email protected]; Mobile:0799915463; Fax:+962-3-2375540 * Corresponding author 2 Department of Civil Engineering, Faculty of Engineering Technology, Al-Balqa Applied University, Jordan 3 Faculty of Engineering, American University of Madaba, Jordan 1 The Eighth Jordan International Chemical Engineering Conference (JIChEC 2017) November 7-9, 2017 phosphate and thus considerable Abstract–Phosphoric acid production calcium well remain in solution. generates unavoidable calcium sulfate byproduct (i.e. phosphogypsum (PG)) Keywords: Phosphogypsum; Jordan, that is usually disposed either within a Sulpheric acid; Orthophosphoric acid; nearby-located gypsum stacking system. However nowadays this type P2O5extraction of industry has been faced with two I. Introduction main problems, these are the formation of huge stockpiles ofphosphogypsum Jordan has huge reserves of phosphate that affects the environment due to the deposits, the main deposits existed in presence of harmful radiations that is the southern region of the country [1,2] emitted from the uranium. In addition it contains P O >1.0 wt% and fluorine (Bender, 1974; Khaled and Abed 2 5 >0.18 wt%,which makes it not suitable 1980). The concentrations of trace for the cement industry. At the same elements such as U, V, Cd, Cr, and As time consuming large quantity of are increasing from south to north, for expensive sulphuric acid thatbecomea hazardous waste material too.
    [Show full text]
  • 2. Mining Industries in Jordan
    Table of Contents Page List of Tables 2 List of Figures 3 Preface 4 1 Introduction 5 2 Mining Industries in Jordan 7 3 Production and Sales 24 4 Mining Sector Economic Indicators 37 5 References 40 Performance of Jordanian Mining Sector During 2014 - 2018 Ministry of Energy & Mineral Resources 1 List of Tables Page Table 1 Produced, Exported and Domestic Use Quantities, Sales Revenue for PHospHate 24 during (2014-2018) Table 2 Quantities and Production Ratios of all types of Potash during 2018 26 Table 3 Potash Production (Thousand Tons) and Sales (Million JD) during 2014-2018 26 Table 4 Production of Bromine (Thousand Tons) and Sales Revenue (Million JD) during 28 2014-2018 Table 5 Production Quantities (Tons) of Quarries Products and Mines during 2014-2018 30 Table 6 Pure Limestone produced (Thousand Tons) during 201-2018 31 Table 7 Silica Sand production (Thousand Tons) 31 Table 8 Sales Revenues from Quarries Products (Million JD) 32 Table 9 Sales Revenues and Production of Salt during 2014-2018 32 Table 10 Sales Revenue and Production of Fertilizers and Acids in 2018 33 Table 11 Cement Sales quantities and Sales Revenue (Million JD) 34 Table 12 Production of WHite Cement (Thousand Tons) during 2014-2018 35 Table 13 Sales Revenue for Mining Sector (Extraction & Manufacturing) during 2014-2018 37 Table 14 Mining Sector Exports Compared to National Exports and its Contribution 39 Performance of Jordanian Mining Sector During 2014 - 2018 Ministry of Energy & Mineral Resources 2 List of Figures Page Figure 1 Quantities of Phosphate Produced
    [Show full text]
  • The Mineral Industry of Jordan in 2006
    2006 Minerals Yearbook JORDAN U.S. Department of the Interior April 2009 U.S. Geological Survey THE MINERAL INDUS T RY OF JORDAN By Thomas R. Yager In 2006, Jordan played a significant role in the world’s Industrial Minerals production of bromine, phosphate rock, and potash. The country’s share of the world’s bromine production amounted Cement.—National cement production declined to about to 8%; and of phosphate rock and potash, 4% each. Other 3.97 million metric tons (Mt) in 2006 from 4.05 Mt in 2005. domestically significant mineral processing operations included From 2002 to 2006, cement exports declined to 20,661 t from cement and petroleum products (Jasinski, 2007; Kostick, 2007; 867,491 t as domestic consumption increased to 4.07 Mt from Lyday, 2007). Jordan was not a globally significant consumer of 2.66 Mt (Natural Resources Authority, 2007). minerals. Jordan Cement Factories Company Ltd. (JCFC) had two plants with a combined capacity of 4.6 million metric tons per Minerals in the National Economy year (Mt/yr). In 2008, JCFC planned to increase its capacity to 5.5 Mt/yr. The Kuwaiti-Jordanian Finance Company announced In 2005 (the latest year for which data were available), the plans to build a new cement plant in southeastern Jordan. The output of the manufacturing sector amounted to 20.6% of the plant was expected to have a capacity of 1.5 Mt/yr and to be gross domestic product (GDP). In 2006, mineral extraction completed in 2008 at a cost of $230 million. Al-Hasa Company industries accounted for 3.9% of the GDP, and mineral for Cement and Building Materials Industries Ltd.
    [Show full text]
  • Environmental and Social Impact Assessment Jordan India Fertilizer
    Environmental and Social Impact Assessment Jordan India Fertilizer Company (JIFCO) Volume (I) MAIN REPORT Submitted to: Jordan Phosphate Mines Company (JPMC) Submitted by: Royal Scientific Society / Environmental Research Centre Prepared by: Mohammad Mosa (Project Manager) Salah Abu-Salah Najeeb Al-Atiyat Jehan Hadad Rawia Abdalla Nuwar Al-Husseini Faysal Anani Supervised by: Dr. Bassam Hayek (Director of ERC) June, 2008 This document is a property of Jordan India Fertilizer Company (JIFCO) and the Royal Scientific Society (RSS). No part of this document may be reproduced or distributed in any form or by any means or stored in a database or retrieval system without the prior permission from both JIFCO and RSS including but not limited to in any network or other electronic storage or transmission. However, the document shall be used by JIFCO for fulfilling the requirements of the project. So, the document will be used by tenders and the regularity authorities in Jordan as and when required. ESIA/JIFCO Project ii Study Team The Environmental Research Centre (ERC) has been providing specialized technical studies and services since 1989 in a number of environmental areas. ERC has a specialized staff in Environmental and Social Impact Assessment (ESIA), it has conducted comprehensive ESIA studies for various major development projects. The environmental and social impact assessment study of the project was led by the Environmental Research Centre of the Royal Scientific Society (RSS). The biodiversity study, the archeological survey and the marine environment study were conducted by external consultants hired by RSS. The following is a list of contributors to this study.
    [Show full text]
  • Potash and Phosphate - Drivers and Trends
    Potash and Phosphate - Drivers and Trends P.O. Box 930059, Amman 11193, Jordan Tel. + 962 (0) 6 5629300, Fax. + 962 (0) 6 5682941 www.abci.com.jo (A wholly owned subsidiary of ABC (Jordan)) Research Department Tanya Khammash Head of Research Department [email protected] Zein Alkhas Research Analyst [email protected] Brokerage Tel. + 962 6 5629300 (ext. 301) Table of Contents 1.0 Executive Summary 4 2.0 Overview of Potash and Phosphate 6 2.1 Potash 6 2.1.1 World Production of Potash 6 2.1.2 World Consumption of Potash 7 2.2 Phosphate 7 2.2.1 World Production of Phosphate 7 2.2.2 World Consumption of Phosphate 8 3.0 Overview of Fertilisers 8 3.1 Fertiliser Demand 8 3.2 Trends in Fertiliser Prices 9 4.0 Industry Drivers 10 4.1 World Population 10 4.2 GDP Growth 11 4.3 Change in World Income and Diets 11 4.4 Bio-fuels 12 4.5 Agricultural Land 13 4.6 Grain Supply 14 5.0 Potash and Phosphate Market in Jordan 14 5.1 Potash 15 5.2 Phosphate 20 6.0 Outlook 24 Potash and Phosphate - Drivers and Trends 1.0 EXECUTIVE SUMMARY Year 2008 is proving to be another year of strong growth for the fertiliser industry. World production Global production of potash of phosphates and potash, two primary inputs into the fertiliser production process, continued to and phosphate in 2007 reached 55.7 million tonnes and 172.1 grow, reaching 172.1 million tonnes and 55.7 million tonnes respectively in 2007, compared to million tonnes, respectively..
    [Show full text]
  • The Mineral Industry of Jordan in 2014
    2014 Minerals Yearbook JORDAN U.S. Department of the Interior December 2017 U.S. Geological Survey THE MINERAL INDUSTRY OF JORDAN By Mowafa Taib Jordan was a significant supplier of bromine, phosphate rock The MEMR continued to promote investment in the country’s and phosphate-based fertilizers, and potash to the world in mineral resources sector. The MEMR conducted exploration 2014. The country was among the world’s top 10 producers of studies for basalt, bentonite, calcite, copper, diatomite, and bromine, phosphate rock, and potash; it also produced modest dolomite deposits at Al Farsh/Ras Negav; feldspar ore at Ar quantities of calcium carbonate, cement, clay, crude oil, iron Rashidiya; kaolinite clays at Wadi Al Mizrab; oil shale at four and steel, kaolin, limestone, natural gas, pozzolanic materials, locations in Ma’an Governorate; pure limestone at Al Hisa; and refined petroleum products, silica sand, and zeolitec tuff mainly silica sand at Ras Al Negav. In addition to exploration studies, for domestic use (table 1; Jasinski, 2016a, b; Schnebele, 2016). the MEMR supervised electric, gravity, and magnetic surveys as well as continued work on the national geologic mapping Minerals in the National Economy project, which sought to generate 1:50,000 and 1:100,000 scale maps for the whole country (Ministry of Energy and Mineral Jordan’s gross domestic product (GDP) increased in real Resources, 2015a, p. 47–50). terms by 3.1% in 2014 compared with an increase of 2.8% The Natural Resources Authority (NRA), which was an in 2013. The GDP in nominal terms was about $36 billion1 autonomous Government agency under the MEMR, was in 2014 compared with $33 billion in 2013.
    [Show full text]
  • International Fertilizer Market Information Sources
    International Fertilizer Market Information Sources by Yao H. Chuang INTERNATIONAL FERTILIZER DEVELOPMENT CENTER Abstract Continuous monitoring and assessment of the international market conditions of key fertilize. products, raw materials, and intermediates are vitally important to the decisionmakers of fertilizer supply and marketing strategies in the developing countries. To enable these countries to monitor and assess the international market conditions continuously, the decisionmakers need several types of information and must know where to loc3te such information.Furthermore, they must develop a mechanism for faster information access and must strengthen their information analysis capabilities. This publication isan expanded and updated version of the publication issued in November 1980. It attempts to (1) identify the types of information that are considered essential for the decisionmakers and (2) highlight the published and unpublished information sources presently known to the author. The information sources are discussed in four broad categories. The first category is the publications offered by commercial and noncommercial organizations for general public distribu­ tion. The second category is the computerized data services provided by commercial and non­ commercial organizations on a subscription basis. The third category is the organizations with unpublished data files and reports that can be obtained on request. The fourth category is the international conferences and meetings regularly or occasionally held by commercial
    [Show full text]