OCP Group
The OCP Group (OCP S.A.) (formerly Office Chérifien des Phosphates) is a state-owned phosphate rock miner, phosphoric acid manufacturer and fertilizer producer. Founded in 1920, the company has grown to become the world's largest producer of phosphate and phosphate-based products and it is one of the largest phosphate, fertilizer, chemicals, and mineral industrial companies in the world by revenue.
| Industry | Phosphates, Chemicals |
|---|---|
| Founded | 1920 |
| Headquarters | , |
Key people | Mostafa Terrab (Chairman) |
| Revenue | US$11 billion (2022) |
| US$1.6 billion dollars (2022) | |
| Owner | Kingdom of Morocco(94.12%) Banque Populaire (5.88%) |
Number of employees | ≈ 23,000 |
| 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 S.A OCP Solutions OCP Maintenance Solutions Teal Technology Services 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 |
OCP has access to more than 70% of the world's phosphate rock reserves. Initially a mining company, OCP diversified in 1965 to become a phosphate processor, making it the world's largest fertilizer manufacturer. The company holds a 31% market share of the world phosphate product market.
The group employs nearly 23,000 people in Morocco and a number of international subsidiaries. In 2018, its revenues amounted to US$5.884 billion.