Morocco’s phosphates and fertilizer producer, OCP, will start exporting fertilizers to Romania after the setting up of a company dubbed SEEFCO, which will be in charge of imports, stockpiling and marketing in the eastern European country, Moroccan media reported. The OCP’s SEEFCO, which stands for South East European Fertilizer Company, will operate in partnership with UAE group Al Dahra. The new plants will help OCP maintain leadership in the phosphates-based fertilizers market especially in Africa. The group is planning a fertilizer plant in Nigeria and probably in Ghana where feasibility studies are underway. OCP revenues hit $ 5.95 billion in 2018, as the company continues to step investments beyond extraction to manufacturing customized fertilizers.

Source: The North Africa Journal February 03, 2020 11:37 UTC