Founded in 1949, JPMC is Jordan’s largest phosphate producer. In 2025, revenue rose 19.4% to $2 billion. In January 2026, JPMC and the Arab Potash Company jointly allocated $14.1 million to support government emergency initiatives. Indian Potash Limited is the largest shareholder, holding about 27% of the company, followed by the Jordanian government with 25.7%, as of February 2026.