VOL. XLII

No 40

4-October-1999

JORDAN

EIB Lends $32Mn To Jordan Potash Company

The European Investment Bank (EIB) announced on 27 Septemberthat it is lending Euro 30mn ($32mn) to the Kemira Arab Potash Company(KEMAPCO) for the construction of a new Finish-Jordanian manufacturing facilityin 'Aqaba. KEMAPCO is a joint venture between the Arab Potash Company of Jordanand Kemira Agro Oy of Finland, and the new manufacturing facility will producepotassium nitrate, a fully water-soluble chemical...