First Independent Mena Newspaper
Moroccan state-owned phosphate group OCP and Mohammed VI Polytechnic University (UM6P) signed on Monday a cooperation agreement with UK “Rainbow Rare Earths” company to further investigate and develop the optimal technique for the extraction of rare earth elements from phosphogypsum. Phosphogypsum contains rare earths as a by-product of phosphoric acid production. OCP together with the […]
Morocco’s phosphates and fertilizers producer OCP is addressing the shortage in fertilizer on the African continent by offering 180,000 tons of customized fertilizers in donations and 370,000 tons at a reduced price to help many African countries secure their soil nutrients needs amid a surge of prices in the international demand. The fertilizers market has […]
Morocco’s state-owned phosphate OCP Group has provided Rwanda 15,000 tons of Diammonium Phosphate (DAP) in a solidarity move to help farmers of this African country maintain productivity amid a serious global supply shortage, leading to record high fertilizer prices. The announcement of Moroccan donation was made over the weekend by Rwanda’s Minister of Agriculture Gerardine […]
Amid a global shortage in fertilizers and their inputs because of the COVID-19 pandemic, and the suspension of traditional supplies from Eastern Europe, many countries have expressed interest in Morocco’s fertilizer products, including Bangladesh, Brazil, Japan, Peru… Bangladesh is planning to import 40,000 tons of DAP (di-ammonium phosphate) fertilizer from Morocco’s phosphates and fertilizers producer, […]
Japan is looking to Morocco to foster its food security in a global context marked by a surge in prices of soil nutrients on the back of the supply disruption created by the Russia-Ukraine conflict. Japanese deputy agriculture minister Takebe Arata told the media during his visit to Rabat that his country is seeking larger […]
The revenues of the Moroccan state-owned phosphate group OCP reached $2.67 billion in the first quarter of 2022, up from $1.59 billion reported the same period last year. The record results achieved by OCP in 2021 have continued in the first quarter of 2022, driven by strong market conditions and operating efficiencies, says the OCP […]
Morocco’s OCP Group is set to open a new phosphate fertilizer manufacturing plant in Brazil, announced Brazil’s Agriculture Minister on Twitter earlier this week. The move contributes to the stabilization of the market amid a global shortage in fertilizers and their inputs because of the COVID-19 pandemic, a shortage that was worsened by the conflict […]
Morocco’s exports of phosphates and derivatives doubled in the first quarter of 2022 reaching $2.4 billion against $1.3 billion reported same period last year. According to latest data published by Moroccan Exchange Control Office, the positive financial results achieved by the state-owned phosphate OCP group are due to fertilizers’ higher prices which surged from $296 […]
Brazil’s Agriculture Minister Marcos Montes is expected in Morocco this week to seek more fertilizers for his country after a halt of Russian exports, Reuters reported. Brazil relies on imports for about 85% of its fertilizer needs and is concerned about a potential global shortage of the products after Western nations imposed sanctions on key […]
Morocco’s Phosphates (OCP) will help Côte d’Ivoire enhance agricultural competitiveness and strengthen the impact of local development policies on rural populations. To this end, the two sides signed Monday in Abidjan a framework agreement relating to the development of a strategic partnership between them. this strategic partnership agreement, covering an initial period of two years, […]