Casablanca Finance City

OCP to challenge Mosaic petition on anti-competitive practices

Morocco’s phosphates producer OCP group said it will challenge a petition filed by its competitor Mosaic aiming to impose anti-subsidy duties on OCP’s fertilizers exports. OCP has said in a statement that since receiving this petition, it has cooperated with the American authorities, who are evaluating whether the petition warrants investigation, and will challenge the […]

Spanish Europac launches first outside Europe plant in Tangier

The Spanish group Europac, specializing in the production of packaging paper and cardboard, inaugurated this week an integrated packaging plant in Tangier Automotive City (TAC,) dubbed Europac Packaging Med. The plant, the company’s first outside Europe, required a €30 million investment, which is the largest amount injected by the Europac Group in an industrial unit […]

Tires, coffee shortages in Algerian market underscore failing import restriction policies

Keen to save its hard currency reserves for tougher days, Algeria continues an unrelentless import restriction policy that resulted in severe shortages of key products with tires and coffee being the latest to join a long list of expensive and unavailable goods in the country. Transport unions have rung the alarm bell as to the […]