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Acid Plant Database October 22, 2010
|Owner||Indo-Jordan Chemicals Company Limited (IJCC)||
0.5 km south of Eshidiya Mine facilities
34.8% - Jordan Phosphate Mines
52.2% - Southern Petrochemical Industries Corporation Ltd (SPIC)
13.0% - The Arab Investment Company of Saudi Arabia
|Coordinates*||29º 54' 47" N, 36º 8' 34" E|
|Type of Plant||Sulphur Burning|
|Gas Source||Elemental Sulphur|
|Plant Capacity||2000 MTPD|
|Remarks||Power Generation: 12.8 MW Co-generation|
success story based on a unique concept in which a raw material supplier
Jordan Phosphate Mines Company Limited (JPMC - Jordan) and a finished
product consumer Southern Petrochemical Industries Corporation Limited (SPIC
- India) joined hands in 1991. Based on the merits and content of the joint
venture, The Arab Investment Company SAA (TAIC - Saudi Arabia), A Pan-Arab
financial institution, subsequently joined as a third promoter to further
strengthen the Indo-Arab partnership. IJC was incorporated in March 1992
for the purpose of setting up and operating a Phosphoric Acid & Sulphuric
Acid Complex in Jordan by availing the Rock Phosphate from JPMC and
exporting the entire production of Phosphoric Acid to India.
The process chosen for the Phosphoric Acid Plant is the well established Hemi hydrate Technology from M/S HYDRO AGRI, Norway, a reputed Process licensor and a major producer of fertilizers. The project was implemented by M/S KREBS SPEICHIM of France, supported by M/S SPIC - SMO of India as its sub-contractor. The project complex consists of a 224,000 MT/Year Phosphoric Acid Plant, a 660,000 MT/Year dedicated Sulphuric Acid Plant and associated Utilities & Offsite facilities at Eshidiya and an acid storage facility (4 tanks of 5,000 m3 capacity each) at Aqaba, Jordan.
The US$ 169 million project was implemented well within time - 30 months from effective date of contract - and budget. Phosphoric Acid commercial production commenced in August 1997.
The Project Complex consists of a 224,000 MT/Year Phosphoric Acid Plant, a 660,000 MT/Year Sulphuric Acid Plant and associated Utilities & Off-site Facilities at Eshidiya and an Acid Storage Facility ( 4 Tanks of 5000 M3 capacity each) at Aqaba.
Location Of Plants : ESHIDIYA-JORDAN
The 170 Million USD Project has been successfully implemented well within the 30 months from the Effective Date of Contract and the Cost Estimate. The Sulphuric Acid Plant was commissioned on 01-03-1997 and subsequently Phosphoric Acid Plant's production was commenced on 30-04-1997. The maiden Phosphoric Acid Shipment "m.v.NAXOS" to SPIC Plant at India was on 13-07-1997.
During the very first two years (Jan-Dec'98 & Jan-Dec'99) the Phosphoric Acid production surpassed the 100% capacity mark which is reckoned to be a world record. The superb performance has translated into handsome net profits-a return of 20.88% on equity for the year 1998.
IJC,a success story based on a unique concept in which a raw material supplier-Jordan Phosphate Mines Co Ltd.,Jordan (JPMC) and a finished product consumer-Southern Petrochemical Industries Corporation Ltd. ,Indian (SPIC) joined hands in 1992. Based on the merits and content of the Joint venture, a Pan-Arab Financial Institution, the Arab Investment Company SAA, Saudi Arabia (TAIC) subsequently joined as a third-promoter to further strengthen the Indo-Arab Partnership. The Process chosen for the Phosphoric Acid Plant is the well established 'Single Stream Hemi hydrate' from M/s Hydro-Agri International Licensing, Belgium and for the Sulphuric Acid Plant is 'Double Contact Double Absorption' from M/S Monsanto Enviro-Chem,U.K.
|References||Senu Chettiar, V., Avadiappan, Rm. and Subbiah, E., "Mitigation of Corrosion in Acid Plants - The IJC Way"|
February 2, 2010 - In a bid to bring in funds to restart the closed fertiliser plant of SPIC, Asset Reconstruction Company of India (ARCIL) — the country's debt aggregator of beleaguered assets — has signed a memorandum of understanding (MoU) to sell the 52.5% stake in Indo-Jordan Chemicals Company (IJCC), a subsidiary of Spic for around Rs 350 crore. According to sources, the joint venture partner — Jordan Phospates Mines Company — exercised its first right of refusal and bought back the stake held by SPIC, now sold by the debt aggregator ARCIL. Repeated attempts to reach ARCIL and A C Muthiah, the chairman of SPIC, turned futile. The sources said that the money raised from this exercise would be utilised towards restarting the fertiliser plant in Thoothukudi, in south Tamil Nadu. It is learnt that A C Muthiah-led SPIC had mandated investment banker Rabo Bank to find a suitor for the stake in IJCC and was expecting Rs 400 crore to Rs 500 crore from the sale. SPIC had invested around Rs 165 crore as equity in the Jordanian venture, which mines rock phosphate and produces phosphoric acid. The $170 million Indo-Jordan Chemicals Company is a joint venture between SPIC, JPMC and the Arab Investment Company (TAIC). IJCC plant produces 700 tonnes per day (tpd) of phosphoric acid and 2000 tpd of sulphuric acid. The company also has a storage terminal at the Red Sea Port of Aqaba in Jordan. ARCIL has undertaken a massive clean up of the finances at SPIC. It has sought the auctioning of SPIC's fifteen properties to raise funds. SPIC owes its creditors close to Rs 2,900 crore.
December 8, 2008 - Indo-Jordan Chemcials Co Ltd (IJCC) has shut down production at its phosphoric and sulphuric acid units for December 2008 and January 2009 due to prevailing market conditions. The closure may extend to February unless market conditions improve.
MTPD - Metric Tonne per Day
STPD - Short Ton per Day
MTPA - Metric Tonne per Annum STPA - Short Ton per Annum
SA - Single Absorption
DA - Double Absorption
* Coordinates can be used to
locate plant on Google Earth