Morocco’s OCP group emerges as a world leader in phosphates

The Moroccan group OCP is seeking to consolidate its position as a world leader in phosphates. To this end, the chemical giant has launched a 130 billion DH investment programme for the period 2023- 2027, reports Le Matin.

The aim of this initiative is to increase fertiliser production capacity while committing to carbon neutrality by 2040. In order to achieve this goal, OCP will take advantage of the Kingdom’s renewable energy resources and its progress in this field in recent years.

For its part, the Moroccan group is also investing in research and innovation to diversify its products and services and explore new opportunities, particularly in the electric battery market, taking advantage of the high global demand.