In 2007, VCBank along with its investors funded the strategic growth plan of JAFCCO. This comprised the development of a state-of-the-art industrial complex specialising in the manufacture of chemical fertilizers and other kinds of chemicals that previously had to be imported into the MENA region. Since its incorporation in 1997, JAFCCO has established a strong name in the chemical fertilizers industry, specializing in the manufacture of high-quality sulphate of potassium (SOP) and hydrochloric acid (HCL) as a by-product of SOP. Due to a combination of technical and geo-political issues, operations ceased in 2020. VCBank is currently in discussions with several potential strategic investors with the objective of restarting operations under new management, through which to generate a partial or full exit.

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Asset Class:
Private Equity
Specialised Chemicals
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Latest News from JAFCCO

Jordan Al Abyad Fertilizers and Chemicals Company (JAFCCO) Receives USD 45 Million Financing Facility to Establish an Industrial Complex to Manufacture Fertilizers and Industrial Chemicals

12th July 2009

Manama - Kingdom of Bahrain: Jordan Al Abyad Fertilizers and Chemicals Company (JAFCCO) finalized a USD 45 million financing loan through a syndicate facility lead by Jordan Ahli Bank. The financing facility will be utilized to expand and diversify the prod ...

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