Published On:December 27 2019
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Alufluoride Ltd. to set up green field Aluminium Fluoride plant at Eshidiya, Jordan.

The Board of Directors of Alufluoride Ltd. in their just concluded Board meeting recently has considered and approved the execution of Definitive / Project Agreements to be entered by the Company with Jordan Phosphate Mining Company (JPMC), Jordan and Jordan India Fertilizer Company (JIFCO) for commissioning a green field Aluminum Fluoride plant at Eshidiya, Jordan.

The board approved the opening of a new company in Dubai by Alufluoride Limited to invest in a new Company in Jordan as a Joint Venture partner with JPMC for the new project at Jordan.

The board decided to stop Visakhapatnam Aluminium Fluoride existing plant during 16 February 2020 to 15% March 2020 for synchronizing the existing plant to the expanded plant.

EQITYBULLS





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