First Independent Mena Newspaper
The Board of Directors of the International Fertilizer Association (IFA) has elected Mostafa Terrab, Chief Executive of the Moroccan OCP group, as chairman of this global fertilizer association. Mr. Terrab becomes the first chairman from the African continent of the IFA in its 90-year history. His election to this post was made during the IFA […]
Moroccan OCP Group, the world’s largest exporter of phosphates and a leading global phosphate plant nutrition player, and Fertinagro Biotech S.L., a Spanish company which manufactures and supplies a wide range of plant nutrition solutions, have completed the acquisition by OCP, through one of its subsidiaries, of 20% of Fertinagro’s shares by way of a […]
Moroccan OCP Group, the world’s largest exporter of phosphates, has signed a cooperation agreement with German Fraunhofer Institute for Microstructure of Materials and Systems in Halle (Saale), to develop solutions for a sustainable fertilizer. The two sides pledge to work together to boost the use of renewable raw materials in the fertilizer industry. They will […]
Morocco’s national phosphate company OCP will build, jointly with Indian fertilizer giant Kribhco, a plant to produce fertilizers to meet Indian farmers’ needs, the OCP announces. The project will require an investment of around $230M evenly provided by the two companies. The plant will be located in Krishnapatnam, Andhra Pradesh State. It will have an […]
It is official! King Mohammed VI of Morocco flew on Tuesday to Rwanda, first leg of a tour in Eastern Africa that will also take him to Ethiopia and Tanzania. The King’s first tour to the English speaking states east of the continent is part of an African strategy that has so far yielded fruitful […]
L’Office Chérifien des Phosphates (OCP,) the Moroccan State-owned phosphates company, said last week it raised $ 1.55 billion in the first international bond issue having a solid emitter notation organized by an African company outside South Africa. OCP thus sold 10-year bonds to yield 5.625 percent for $1.25 billion and $300 million worth bonds that […]