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BATON ROUGE, US: Albemarle Corporation said that Jordan Bromine Company (JBC), its joint venture located on the Dead Sea in Safi, Jordan, will double the capacity of its bromine production in order to meet expanding global customer requirements. The company will also increase the capacity of bromine derivatives and size of its bromine ISO tank fleet. Expansion is expected to begin by mid-year with initial bromine production capacity projected to come online in 2012 to align with market needs.
Jordan Bromine Company is a joint venture between Arab Potash Company and Albemarle Holding Company, Limited, a wholly owned subsidiary of Albemarle Corporation. “This significant increase in bromine capacity is needed to meet growing global demand for our bromine and bromine derivatives. The investment further strengthens JBC’s position as the world’s low-cost bromine producer,” said Mark Rohr, Chairman and CEO, Albemarle. The partners began operations in early 2003 and since then JBC has enjoyed steady growth through the years.
© WOC News
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