Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Arab Potash Makes $236.7 Million Profits on Demand, Times Says

Don't Miss Out —
Follow us on:

July 18 (Bloomberg) -- Arab Potash Co. made 167.5 million dinars ($236.7 million) in net profit in 2010 on high global demand, The Jordan Times said, citing General Manager Keith Thornton.

Amman, Jordan-based Arab Potash plans to expand its annual production to 2.5 million metric tons, he said.

Among APC’s shareholders are the Potash Corp. of Saskatchewan, Canada, which has a 27.96 percent stake, and the government of Jordan, which holds 26.88 percent of APC.

To contact the reporters on this story: Mohammad Tayseer through the Amman newsroom at nrazzouk2@bloomberg.net; Nayla Razzouk in Amman, Jordan nrazzouk2@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.