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Keywords: Fertilizers
Morocco’s OCP Group has announced that its revenues reached $2.18 billion in the first quarter of 2025, an increase from $1.95 billion recorded during the same period last year. In a recent statement, the group detailed that its gross profit rose to $1.5 billion, up from $1.27 billion. Meanwhile,......
OCP Nutricrops, a subsidiary of the OCP Group and a prominent player in phosphate-based fertilizers, has unveiled a significant investment plan aimed at increasing its fertilizer production capacity by 9 million tons by 2028. This ambitious project involves the establishment of two new mining and industrial......
Morocco's prominent fertilizer producer OCP has successfully completed a $300 million bond issuance, furthering its expansion plans and financial strategy. The issuance follows the authorization granted by the company's Board of Directors in December of the previous year and complies with European......
In 2024, trade between Morocco and Brazil saw a growth of 4.52%, reaching a total of $2.77 billion compared to $2.65 billion in 2023, according to the Arab-Brazilian Chamber of Commerce. This increase demonstrates a notable boost in bilateral relations, with a slight trade surplus of approximately $2.2......
In a significant development, the Moroccan fertilizer industry has received a boost, courtesy of a strategic decision by a prominent US company. This move has not only strengthened the industry's position but also opened up new avenues for growth and collaboration. The US-based firm, known for its......
In a testament to its adaptability and market prowess, OCP Group, a major player in global phosphate production, has reported a remarkable 15% increase in turnover for the first half of 2024. This impressive growth, reaching MAD 43.25 billion ($4.25 billion), comes despite challenging market conditions,......
The US Commerce Department (USCD) has announced a substantial increase in import duties on Moroccan fertilizers, escalating trade friction between the two nations' fertilizer industries. This decision follows a petition from US-based Mosaic, a leading fertilizer manufacturer, which alleged that its......
In a move that has sent ripples through the global fertilizer industry, the United States has announced a significant increase in tariffs on phosphate fertilizers imported from Morocco. This decision, which directly impacts American farmers and the Moroccan phosphate giant OCP Group, was made public......
On Monday, April 8, the OCP Group announced a partnership with Fortescue, a leader in iron ore, for a Joint-Venture (JV). This equal partnership aims to provide green hydrogen, green ammonia, and green fertilizers to Morocco, Europe, and international markets, according to the global giant of phosphate......