Sport
Moroccan Phosphate Giant OCP Launches $37 Million Football Development Subsidiary
The competent Moroccan authorities have just authorized the OCP group to create a new subsidiary dedicated to the development of football.
Topic
Cherifian Office of Phosphates
Morocco
US Slashes Duties on Moroccan Phosphate Fertilizers, OCP Gains Edge Over Mosaic
The U.S. Department of Commerce has significantly reduced countervailing duties on imports of Moroccan phosphate fertilizers. This decision represents a victory for the Moroccan giant OCP, but a disappointment for the American company Mosaic, which has always fought its Moroccan competitor.
Morocco
US Lawmakers Push to Maintain Tariffs on Moroccan Fertilizer Imports
While the United States International Trade Court ordered the U.S. International Trade Commission (ITC) on September 19 to re-evaluate its decision regarding tariffs on phosphates and conduct a new analysis of the situation within seven months, Republican lawmakers from Florida are calling for maintaining tariffs on imports of Moroccan fertilizers.
Morocco
Morocco's Phosphate Reserves Key to Global Food Security, World Bank Says
Morocco holds 70% of the world’s phosphate reserves, a mineral used to produce food fertilizers. Enough to make the kingdom a guarantor of global food security.
Morocco
Morocco's OCP Secures $106 Million Loan for 400 MW Solar Power Project
On the sidelines of the annual meetings of the International Monetary Fund (IMF) and the World Bank being held in Marrakech, the OCP group has secured a significant loan from the International Finance Corporation (IFC) for the construction of two solar power plants to enable it to increase its production of low-carbon fertilizers.
Morocco
US Court Orders Review of Tariffs on Moroccan Phosphate Fertilizers
The American fertilizer group Mosaic could lose its battle against the Moroccan giant OCP, which had been imposed a countervailing duty of 19%.
Morocco
Morocco's Phosphate Reserves Could Yield Massive Uranium Deposits, Surpassing Australia
Morocco’s phosphate reserves could make it a global uranium giant. This is the result of a reflection nourished by Michaël Tanchum, a professor-researcher at the Middle-East Institute, who also teaches at the University of Navarra and is a Senior Fellow at the Austrian Institute for European and Security Policy (AIES).
Morocco
Massive Phosphate Discovery in Norway Challenges Morocco's Market Dominance
A huge underground reserve of high-quality phosphorite has been discovered in Norway, becoming the largest deposit of its kind in the world, according to the company that exploits its resources. Morocco therefore has a serious competitor on the international level.
Morocco
OCP Group Acquires 50% Stake in Spanish Animal Nutrition Firm GlobalFeed
The Office Chérifien des Phosphates (OCP) confirms that it has successfully acquired 50% of the capital of the Spanish company GlobalFeed. This transaction was carried out in partnership with the fertilizer company Fertinagro Biotech, also based in Spain.
Morocco
Morocco to Donate 160 Tons of Fertilizer to Saint Vincent and the Grenadines
Prime Minister Ralph Gonsalves announced that Morocco will make a major fertilizer donation to Saint Vincent and the Grenadines.
Morocco
Moroccan Fertilizer Giant OCP Secures $159 Million Green Loan for Solar Power Expansion
OCP’s ambitious plan to power all of its industrial facilities with green energy by 2027 is taking shape. The Moroccan fertilizer giant has secured major financing.
Morocco
OCP Group's Profits Soar 73% Amid Global Fertilizer Market Disruptions
The year 2022 was prosperous for the OCP Group with performance well beyond that recorded in 2021, with a turnover of 114.6 billion dirhams.