VOL. XLII

No 46

15-November-1999

JORDAN

EIB Lends Euro 20Mn To Jordan For Bromine Industrial Plant

The European Investment Bank (EIB) announced on 4 Novemberthat it is lending euro 20mn ($21.5mn) to the Jordan Bromine Company (JBC) forthe construction of a bromine manufacturing facility at Safi, on the shore ofthe Dead Sea.

The plant will produce bromine and bromine derivatives usedmainly as a flame-retardant and in a wide range of other chemical applications.Production is expected to start by the...