The Arab Potash Company (APC) is a Jordanian 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, near the southern end of the Dead Sea. The company's stock is listed on the Amman Stock Exchange's ASE Weighted Index.[1][2][3]
History
Although the Dead Sea had long been known to have large amounts of mineral deposits – including potash, the earliest efforts to produce potash dates back only to the 1920s, when