VOL. XLI

No. 22

1-June-1998

JORDAN

Jordan's Dead Sea Industries And Albemarle Of The US To Set Up Joint Venture BromineFirm

The Jordanian Dead Sea Industries Company (DSIC), a subsidiary of the Arab PotashCompany (APC), has signed a Memorandum Of Understanding (MOU) with the US Virginia-basedAlbemarle Corporation for the setting up of a joint venture bromine plant in Jordan at acost of $120mn. The two firms will put up 40% of the estimated cost of the project and theremainder will be obtained...