PT Petro Jordan Abadi is A Joint Venture Company between Jordan Phospate Mines Co. , PLC (Jordan) and PT Petrokimia Gresik (Indonesia), with respectively 50% of capital invesment.
Establishment of PT Petro Jordan Abadi as A Joint Venture Company stated on Articles of Association No. 03 dated September 24, 2010 and was legalized by the Minister of Justice And Human Right dated October 21, 2010.
Currently PT Petro Jordan Abadi os constructing Phosphoric Acid plant and by products, which starten on January 10, 2012 for 30 months, so it will be expected to operate in July 2014. Overall project Cost funded from equity PKGs funds as well as JPMC and Bank loans with Debt Equity ratio 70:30 percent. Loans obtained from Bank Mandiri Syndications in amount to USD 129 Million.
The main products of PT Petro Jordan Abadi is Phosphoric Acid with a capacity of 200,000 MTPY; and by products such as Cement Retarder or (Granulated Gypsum) with capacity of 550,000 MTPY. Besides, it has a sulfuric acid plant with a capacity of 600,000 MTPY, for Phosphoric Acid plant it self.
Phosphoric Acid and by product which are produced by PT Petro Jordan Abadi, be able to help to meet the demand of Phosphoric Acid for BPK plant, which are still imported from abroad and save foreign exchange.
PT Petro Jordan Abadi using IT based for implementing corporate management system, which are execute function of logistics management, production and financial management automatically.
PT Petro Jordan Abadi understand that the company will be successful if it always has the current information analysis, complete and accurate from which allow them to respond to market changes around the company.
PT Petro Jordan Abadi implements IT - Oracle-based application system to integrate all activities from upstream to end-products which are distributed to consumers.
With this system can be known and monitored every activity in real time in every division, either Division Finance which applying paperless activity, Division Production of which apply the Total Productive Maintenance (TPM) and mode of partnership (Partnership).
Also, with this system existences and competences and competences of employee can be optimally empowered and able to know the productivity of each employee so that the company can improve the overall productivity and efficiency.