OCP Green Energy recently commissioned the Oulad Farès photovoltaic plant in Khouribga, featuring 105 megawatt-peak capacity that makes it Morocco’s largest solar farm of this type currently operational. The facility powers the world’s largest phosphate mine while injecting green electricity into the national grid. The installation spans 168 hectares with thousands of solar panels converting […]
Tag: OCP
Morocco’s OCP Group to invest $13 bln by 2030
Morocco’s state-owned phosphate giant, OCP Group, is set to close 2025 with investments totaling 53 billion dirhams – as part of an already announced 13 billion-dollar investment plan by 2030- driven by major projects including the expansion of fertilizer production capacity, according to a government report attached to the 2026 draft finance bill. Published by […]
OCP Group Posts Record 97 Billion Dirham Revenue in 2024
Morocco’s phosphate giant OCP Group achieved exceptional financial performance in 2024, recording revenue of 96.99 billion dirhams and net profits surging 46% to 20.9 billion dirhams, marking the company’s second-best year in history while accelerating its green transformation initiatives. The state-owned company, which controls over 70% of global phosphate rock reserves and holds 31% market […]
OCP invests in new U.S. technology to co-produce clean hydrogen with sulfuric acid
Moroccan OCP Group, the world’s largest producer of phosphate-based fertilizers, has partnered with U.S. Peregrine Hydrogen Inc, a climate technology company, to co-produce clean hydrogen with sulfuric acid with an advanced electrolyzer technology. Under an agreement inked by the two parties, OCP pledges to fund deployment of Peregrine novel hydrogen technology and purchase the products […]
OCP Group Launches 100,000-Hectare Restoration Project in Brazil’s Araguaia Valley
Morocco’s OCP Group has partnered with environmental management specialist Ambipar and local organizations to launch an ambitious land restoration project targeting 100,000 hectares of degraded pastures in Brazil’s Araguaia Valley. The ALM Carbono Verde do Araguaia initiative represents a significant expansion of OCP’s sustainable agriculture efforts in Latin America’s critical Cerrado biome. The 50-year project […]
Morocco’s OCP achieves water independence with record-breaking pipeline project
Morocco’s OCP Group has commissioned the country’s longest water pipeline, a 203-kilometer engineering marvel transporting desalinated water from the Atlantic coast to inland phosphate mining operations, achieving complete water autonomy two years ahead of schedule. The Jorf Lasfar-Khouribga pipeline, operated by OCP Green Water, represents a MAD 5 billion ($556 million) investment addressing Morocco’s persistent […]
Morocco’s OCP turnover rises to $2.3bln by March 2025
Morocco’s phosphates and fertilizer giant, OCP, reported a 10% growth in its revenue in the first three months this year to $2.3 billion. This performance was attributed to higher demand on fertilizers in Europe, Brazil, Africa, and India, where inventories have been depleted. It also took place in a context of DAP/MAP fertilizers export restrictions […]
Germany backs Morocco’s OCP green hydrogen plant with $32 Million
Germany is backing Morocco’s green hydrogen production with a $32 million (€30 million) investment in OCP Group’s green hydrogen plant in Jorf. The funding by the German PtX Development Fund is intended to support sustainable fertilizer manufacturing, according to German media reports. The PtX Development Fund, endowed with a budget of €270 million, is initiated […]
Morocco’s OCP criticizes US tariff hikes on fertilizer imports
Morocco’s fertilizers and phosphates giant OCP criticized the decision by the U.S. Department of Commerce (DOC) to increase customs duty on Moroccan fertilizers from 14.21% to 16.81%. This new rate, announced after a review of the countervailing duty (CVD), applies retroactively as the final tariff rate for our 2022 imports into the United States, OCP […]
OCP Awards £25 Mln Contract to Scottish Weir for Sustainable Solutions in Greenfield Phosphate Projects
Morocco’s OCP group has selected Scottish mining technology Company Weir to provide energy efficient, sustainable solutions to the next phase of OCP’s Benguerir and Louta greenfield phosphate projects. Under a £25 million contract, Weir pledges to support the continued construction of the Louta project and the trebling of production from the Benguerir project, where Weir […]