Chemical Processing
Morocco's OCP Plans $1.1 Billion in Chemical Projects
Industrial Info is tracking more than 20 active capital and maintenance chemical projects in Africa attributed to OCP, worth US$1.13 billion
Released Thursday, September 29, 2022
Reports related to this article:
Project(s): View 1 related project in PECWeb
Plant(s): View 1 related plant in PECWeb
Researched by Industrial Info Resources (Sugar Land, Texas)--Moroccan state-owned Office Cherifien Des Phosphates (OCP) (Casablanca) is a phosphoric acid manufacturer and fertilizer producer, and the world's leading manufacturer of industry-leading standard fertilizers, fortified fertilizers and soluble fertilizers. Industrial Info is tracking more than 20 active capital and maintenance chemical projects in Africa attributed to OCP, worth US$1.13 billion.
Approximately US$666 million of the total investment value is in its four grassroot projects, followed by US$438 million for two unit additions, and maintenance and expansions of existing plants. Subscribers to Industrial Info's Chemical Processing Project Database can click here for a full list of detailed project reports.
The largest investment is US$500 million for a new phosphate fertilizer and acid plant in Safi. Construction is underway, and the completion is expected by the first quarter of 2023. Click here for the project report.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
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