Industry | Phosphates, Chemicals |
---|---|
Founded | 1920 |
Headquarters | Casablanca, Morocco |
Key people
|
Mostafa Terrab (Chairman) |
Revenue | $ 4.575 billion USD (FY 2015) (2015) |
$ 562.02 million USD (FY 2015) (2015) | |
Owner | Government of Morocco (100%) |
Number of employees
|
about 20.000 |
Subsidiaries |
Mining & processing Phosboucraâ Prayon Euro Maroc Phosphore Jorf Fertilizer Company Indo Maroc Phosphore Pakistan Maroc Phosphore Zuari Maroc Phosphates Limited Paradeep Phosphates Limited International & trading OCP International OCP Fertilizantes OCP de Argentina OCP do Brazil Black Sea Fertilizer Trading Company OCP Africa Engineering & Consulting Jacobs Engineering Transportation Engineering and Management Consultants DuPont OCP Operations Consulting Ecosystem Development Société d'Aménagement et de Développement Vert Société d'Aménagement et de Développement de Mazagan OCP Innovation Fund for Agriculture Fondation OCP Fondation Phosboucraâ |
Website | http://www.ocpgroup.ma/en |
The OCP Group (formerly the Office chérifien des phosphates), founded on August 7, 1920 in Morocco and transformed into a limited company (OCP SA) in 2008, is one of the leading exporters of phosphate rock, phosphoric acid and phosphate fertilizers in the world.
The OCP Group has nearly 20,000 employees located mainly in 4 mining sites and two chemical complexes in Morocco, as well as in other international locations. The group has several subsidiaries in and outside of Morocco. In 2015, its turnover amounted to US $ 4.575 billion.
The OCP Group started its activity of extracting phosphate and the shipment processing of phosphate on March 1, 1921, when the first mine in Boujniba in the Khouribga area, the richest phosphate deposits in the world, was opened. Transporting the phosphate to the port of Casablanca started in that year, allowing the first export of phosphate on July 27, 1921. Subsequently, OCP opened three other mining sites known as Benguérir, Boucraâ-Laayoune and Youssoufia.
Production gradually increased to 5 million tonnes in 1954. Since then, production has continued to expand, exceeding the 10 million tonnes threshold in 1964 and 20 million tonnes in 1979.
Between 1951 and 1961 drying and calcination plants were established in the Khouribga and Youssoufia areas. In 1962, the OCP Group established a "Customer Care Service" consisting of engineers and technicians who travel the world with a mission to monitor the use of phosphates that have been delivered to customers in order to constantly improve the qualities produced in accordance with the evolution of processing techniques. To continue its growth and to win new international markets, the OCP Group created Morocco Chemicals in 1965. The company is responsible for the production of different products derived from phosphate with a plant built in Safi. The first exports of phosphate derivatives began that year.
In 2014, the OCP Group inaugurated the pipeline linking Khouribga to Jorf Lasfar, a technological advancement in the transportation of phosphates.
In 1975, the Office chérifien des phosphates became the OCP Group.
In the following years, the OCP Group invested in the creation of new production lines, especially in Jorf Lasfar, where the construction of a new chemical complex began in 1982. These new industrial structures for the production of sulfuric acid and phosphoric acid would become effective in 1986, followed by the production lines for fertilizer in 1987.
In 1994, the OCP Group started a new mining project in Sidi Chennane in the Khouribga area. The construction of the purified phosphoric acid plant was launched in Jorf Lasfar in 1996 and effectively started in 1998.
In 2008, the OCP Group became a limited company. To date, 95% of the the OCP Group is owned by the state and 5% by the Banque Centrale Populaire.
The Group's activities are organised into an integrated model covering all operations of the value chain from the extraction of phosphates to the production and marketing of various products including fertilizers and phosphoric acid.