Premier Business and Projects Co. (PBP), previously known as The Arab Chemical Detergents Industries (ACDICO) , was established as a public shareholding company in 1973.
Its objectives were mainly manufacturing and distributing detergents and toilet soaps in Jordan and its neighboring countries.
The company started with a capital of JD 250,000 which was subsequently raised at several stages until it reached JD 1,500,000.
In 2007 ACDICO changed its name to Premier Business and Projects, and amended its objectives from Detergents production to being engaged in investment activities such as general commodities trading, and purchase and sale of land and property. Premier is operating now as an investment holding company.
Moreover, in 2007, PBP entered into a Joint Venture with Henkel AG & Co KGaA, Germany, under the name of Henkel Jordan, who are active in Laundry and Home Care business with well-known global brands. PBP owns 40% of Henkel Jordan. The other 60% is owned by Henkel AG & Co KGaA.