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Keywords: OCP Group
In a remarkable display of resilience, Morocco's OCP Group has emerged as a beacon of strength in the face of economic challenges, recording a robust revenue of MAD 43.5 billion (approximately $4.35 billion) as of June 2024. This significant rebound, amidst a global economic landscape marked by uncertainty,......
In a significant development for Morocco's phosphate industry, the OCP Group has expressed its satisfaction with the recent decision by the US-based company Mosaic to withdraw its request for a review of import duties on Moroccan phosphate rock. This move, welcomed by OCP, has the potential to reshape......
In a move poised to have a significant impact on the lives of millions of people across Africa, Morocco's leading phosphate producer, OCP Group, has secured a €100 million loan from the International Finance Corporation (IFC) to combat water scarcity and food insecurity on the continent. This......
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,......
In a bold move to combat water scarcity, Morocco's Jorf Lasfar seawater desalination plant is significantly increasing its production capacity. The facility, operated by the OCP Group, is set to play a crucial role in supplying water to El Jadida, Casablanca, and surrounding areas. Initially established......
The coastal city of Safi, Morocco, is witnessing a significant transformation in its water management strategy with the launch of a cutting-edge seawater desalination plant. This ambitious project, spearheaded by the OCP Group through its subsidiary OCP Green Water, is set to revolutionize water supply......
Indonesia’s Leading Fertilizer Company Considers Algerian Phosphate Investments Amid Global Market Competition PT Pupuk Indonesia, a major player in the global fertilizer industry, is exploring investment opportunities in Algeria's phosphate sector, according to recent reports from Algerian......
In a landmark transaction, the Moroccan government has sold its shares in the legendary Mamounia Hotel to the state-owned OCP Group for a sum of 1.7 billion dirhams ($173 million). This move signals a significant shift in ownership for Morocco's oldest and most illustrious hotel, celebrated globally......
Morocco has emerged as a pivotal player in addressing the crucial issue of food security across the African continent. Driven by the visionary leadership of King Mohammed VI, the Kingdom's multifaceted approach combines strategic initiatives, innovative partnerships, and a deep commitment to fostering......