Africa

Morocco's OCP to produce 3-million tons of green fertilisers by 2027

Moroccan phosphates and fertilisers producer OCP plans to produce 3-million metric tons of fertilisers using renewable energy by 2027 to reduce its carbon footprint, a managing director at the company, Ahmed Mahrou, said on Wednesday.

Morocco's OCP Nutricorps has signed the supply deal with the Bangladesh Agricultural Development Corporation. Stock photo.
Morocco's OCP Nutricorps has signed the supply deal with the Bangladesh Agricultural Development Corporation. Stock photo. (123RF/Kostic Dusan)

Moroccan phosphates and fertilisers producer OCP plans to produce 3-million metric tons of fertilisers using renewable energy by 2027 to reduce its carbon footprint, a managing director at the company, Ahmed Mahrou, said on Wednesday.

In 2023 OCP said it will invest $12bn (R36.05bn)  to power its industrial plants with renewable energy by 2027. It also aims to achieve carbon neutrality by 2040.

Last year the state-owned group produced 14-million tons of phosphate-based fertilisers. 

Reuters

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