Jordan India Fertiliser Company

What Jordan India Fertiliser Company does

Jordan India Fertiliser Company (JIFCO) is a Jordan-based industrial joint venture formed on March 6, 2008 between IFFCO (Indian Farmers Fertiliser Cooperative Limited) and Jordan Phosphates Mines Company Ltd (JPMC). IFFCO and its affiliates hold 52% of equity while JPMC holds the remaining 48%; the company is registered as a Limited Liability Company under Jordan's Free Zone system in Amman. Its sole purpose is to manufacture concentrated Phosphoric Acid (52% P2O5) at a dedicated plant in Eshidiya, Jordan, with a design capacity of 1,500 tonnes per day of P2O5. The plant was constructed at a project cost of approximately US$ 767 million, with senior debt provided by the International Finance Corporation (IFC) and the European Investment Bank (EIB), and was commissioned on May 29, 2014.

The underlying technology is a wet-process phosphoric acid facility that uses rock phosphate supplied by JPMC's adjacent mines as feedstock and produces a single, undifferentiated intermediate chemical sold back to the JV parents. JPMC is contractually obligated to make available the required quantity of rock phosphate, while IFFCO and JPMC jointly buy back 100% of the plant's output under a captive offtake agreement; there are no third-party customers, distribution channels, or retail touchpoints. Revenue is generated entirely through this single intercompany offtake stream, making JIFCO functionally a toll-conversion joint venture between an Indian agricultural cooperative and a Jordanian state-linked mining company rather than an independent merchant chemicals producer.

Name

Jordan India Fertiliser Company

Legal name

Jordan India Fertilizer Company L.L.C

Website

https://jifco.co

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Jordan India Fertiliser Company (JIFCO) is a Jordan-based industrial joint venture between IFFCO (52%) and JPMC (48%) that operates a 1,500 TPD P2O5 phosphoric acid plant at Eshidiya, selling all output to its two JV parents for downstream fertilizer manufacturing.

Ownership category

akta.pro rank

Product category

Phosphoric Acid Manufacturing

NAICS

Phosphatic Fertilizer Manufacturing (325312), Other Basic Inorganic Chemical Manufacturing (325180)

akta.pro primary industry

NPK/Compound & Blended Fertilizers (Granular Blends, Bulk Blending) (AFABABAD)

Keywords

• Phosphoric acid production
• Fertilizer raw materials
• Phosphate rock processing
• Industrial chemical manufacturing
• Concentrated acid supply

Headquarters

HQ city

Amman

HQ country

Jordan

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Infrastructure, Personnel, Others

Revenue model

1. Phosphoric Acid Sales: The company produces concentrated Phosphoric Acid (52% P2O5) and the entire production is purchased back by the joint venture partners IFFCO and JPMC under an offtake agreement. Revenue is generated through the sale of phosphoric acid to the parent companies who use it in fertilizer manufacturing.

Go-to-market motion1 record

Distribution channels1 record

Core offering

JIFCO operates a Phosphoric Acid Plant at Eshidiya, Jordan with a capacity of 1500 tonnes per day P2O5, producing concentrated Phosphoric Acid (52% P2O5) as its single product. The entire production is purchased back by the joint venture partners IFFCO and JPMC under an offtake agreement for use in downstream fertilizer manufacturing. The US$ 767 million facility was financed with senior lending from IFC and EIB and commenced production on May 29, 2014.

Product overview

Jordan India Fertiliser Company (JIFCO) is a single-product industrial joint venture between IFFCO (India) and Jordan Phosphates Mines Company (JPMC). The company operates a Phosphoric Acid Plant at Eshidiya, Jordan, with a production capacity of 1500 tonnes per day P2O5. The sole product is Concentrated Phosphoric Acid (52% P2O5), with IFFCO and JPMC jointly purchasing all production output.

Differentiator

Problem solved

Functional benefit

Products and services

• Concentrated Phosphoric Acid (52% P2O5) The primary and sole product of JIFCO's industrial plant at Eshidiya, Jordan. Concentrated Phosphoric Acid at 52% P2O5 concentration is produced at a rate of 1500 tonnes per day P2O5. The product is supplied entirely to joint venture partners IFFCO and JPMC under an offtake agreement for use as a raw material in downstream fertilizer manufacturing.

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• IFFCO (Indian Farmers Fertiliser Cooperative)coreStrategic or Co-development PartnerJoint venture partner holding 52% equity stake. IFFCO provides fertilizer manufacturing expertise and will purchase the entire production of Phosphoric Acid from the plant. IFFCO's Managing Director Dr. U.S. Awasthi serves as Deputy Chairman of JIFCO.
• Jordan Phosphates Mines Company Ltd (JPMC)coreStrategic or Co-development PartnerJoint venture partner holding 48% equity stake. JPMC supplies the required Rock Phosphate for the project from their mines and will purchase the entire production of Phosphoric Acid. JPMC Chairman Walid Ismail Kurdi serves as Chairman of JIFCO.

Scale indicators3 records

Recent moves6 records

Expansion highlights3 records

Broad incumbents

• Nutrien: World's largest fertilizer producer with significant phosphate rock mining and phosphoric acid capacity. Comparable through its phosphate segment offering concentrated phosphoric acid and downstream products.
• Yara International: Norwegian global fertilizer producer with phosphate and NPK operations, including phosphoric acid production. Comparable as a diversified downstream user of phosphoric acid.
• The Mosaic Company: One of the world's largest phosphate and potash producers with vertically integrated mining-to-fertilizer operations. Comparable by product (phosphoric acid, DAP, MAP) and integrated business model.

Direct peers

• ICL Group: Israeli specialty fertilizer and phosphate producer operating in the fertilizer value chain including phosphoric acid-based products. Comparable in specialty phosphate chemistry and integrated operations.
• Ma'aden: Saudi Arabian mining and metals company with integrated phosphate fertilizer operations producing phosphoric acid and downstream fertilizers. Comparable as a regional integrated phosphate producer.
• Prayon: Belgian specialist in phosphoric acid production and phosphate chemistry. Comparable as a focused phosphoric acid manufacturer with similar wet-process technology.
• PhosAgro: Russian vertically integrated phosphate-based fertilizer producer from mining of phosphate rock to production of phosphoric acid and downstream fertilizers. Closely comparable in product chain and operational focus.
• OCP Group: Moroccan state-owned phosphate rock miner and global leader in phosphoric acid and phosphate fertilizer production. Closest comparable by product mix (rock-to-phosphoric-acid-to-fertilizer vertical integration) and scale.

Emerging players

• Coromandel International: Indian fertilizer manufacturer that is a downstream buyer and competitor to IFFCO in the Indian phosphate fertilizer market. Comparable as the Indian demand-side counterpart to JIFCO's offtake economics.

Regional players

• Yunnan Yuntianhua: Chinese phosphate fertilizer and phosphoric acid producer with integrated phosphate rock mining. Comparable in integrated phosphate chemistry, though primarily serving Chinese domestic fertilizer demand.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/JIFCO.Jo

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Jordan India Fertiliser Company