Sales of raw phosphate and fertilizers in 2014 at the Jordan Phosphate Mines Company (JPMC) are expected to reach 8 million tonnes, especially after the recent signing of an agreement with two Indian factories to export phosphate, Board Chairman of the JPMC Amer Majali said.
Majali added, in a press statement on Sunday, that the exported quantities are part of the strategic plan adopted by the company to enter new markets and return to markets it left 10 years go.
The JPMC took part, sending a delegation headed by its CEO, Shafiq Al Ashqar, in the Annual Seminar for the Fertilizer Association of India (FAI) in New Delhi that was attended by 1300 representatives of major companies operating in the fertilizer industry in the Indian sub-continent.
Al Ashqar said sales of the JPMC of phosphate and fertilizers to the Indian market are expected to reach 3.5 million tonnes, adding that the company signed, as part of its marketing plan for 2015, an agreement to export 850,000 tonnes of phosphate to India.
The company he added, also signed a recent agreement to export 250,000 tonnes of phosphate to Serbia, noting that this reflects the company's success to enter the European market through Turkey.