Tag: Brent Heimann

Arab Potash Corp

Canada’s PotashCorp Looks to Sell Stake in Jordan’s APC

Canadian PotashCorp is looking for a buyer of its shares in Arab Potash Company (APC), which it is forced to sell as part of a merger agreement, said the company’s President and CEO Brent Heimann. Last year, Potash Corp and…

APC 2015 Net Profits Surge 31 Percent

Arab Potash Company (APC) said its 2015 net profits rose 31 percent year-on-year to around JD131 million, while it also achieved a record production volume of 2.355 million tons over the same period. In a statement, APC’s chairman Jamal al…

The Arab Potash Company: Did Privatization Work?

This article appeared in the April, 2014 edition of Venture.   More than a decade has passed since the Arab Potash Company was partly sold off under Jordan’s controversial privatization drive. Was it a wise move? By Dina al-Wakeel Jordan’s controversial…