Tag: phosphate fertilizers
Americas Business Headlines Morocco

Morocco Strengthens its Position as Major Phosphate Fertilizer Supplier to U.S. with New OCP-Koch Venture

North Africa PostComments Off on Morocco Strengthens its Position as Major Phosphate Fertilizer Supplier to U.S. with New OCP-Koch Venture

Koch Ag & Energy Solutions and OCP Nutricrops have signed an agreement for Koch to invest in Jorf Fertilizers Company I (JFC I) of OCP Nutricrops. Upon closing, the transaction will establish a 50/50 operating joint venture between Koch and OCP. This agreement builds on the long-standing relationship between Koch and OCP that was strengthened […]
Americas Business Emerging Markets Headlines International Morocco

Morocco’s OCP welcomes US cut in customs duty on phosphate fertilizers

North Africa PostComments Off on Morocco’s OCP welcomes US cut in customs duty on phosphate fertilizers

Morocco’s OCP, the world’s largest phosphates producer, welcomed the US decision to cut the customs duty on phosphates-based fertilizers from 19.97 to 2.12%. The US decision will be applied from November this year to the next revision in the fourth quarter next year. OCP said its revenue stood at 61.03 billion dirhams ($6 billion) by […]