Arab Potash
The Arab Potash Company (APC) is a company that is primarily involved in harvesting minerals from the Dead Sea. It is the eighth largest potash producer worldwide by volume of production and the sole Arab producer of potash. The company was formed in 1956 in the Hashemite Kingdom of Jordan as a pan-Arab business venture and it has a 100-year concession (1958-2058) from the government of Jordan that grants it exclusive rights to extract, manufacture and market minerals from the Dead Sea. It is headquartered in Amman and has its main plants at Ghor Al  Safi. The company's stock is listed on the Amman Stock Exchange's ASE Weighted Index. Operations. The site of Arab Potash Company (APC) is located south of Amman and north of Aqaba. The site is basically a solar evaporation pond system of an area of and processing plants. APC produces four grades of potash: standard, fine, granular and industrial grade potash through the following process: Markets. APC's principal export markets are India, China and Malaysia. Subsidiaries and affiliates. Arab Potash has several Dead Sea-area affiliates and subsidiary projects, including: Jordan Industrial Ports Company (JIPC) was established in  2009 as a joint venture between APC and the Jordan Phosphate Mines Company (JPMC), following a memorandum of understanding signed in 2008 by APC and JPMC with the Aqaba Development Corporation (ADC) and the Aqaba Special Economic Zone Authority (ASEZA) to refurbish, develop, upgrade, and expand the existing jetty. Implementation work started immediately after signing the operating and management agreement with ADC in 2013, and it was scheduled to be completed in 2016.