The Group is a leading vertically integrated producer of phosphate rock, phosphoric acid and phosphate-based fertilizers.
Phosphate is a key ingredient in fertilizers, critical to global food security.
As the leading exporter of phosphate products worldwide, our company supplies 30% of all global imports of phosphate and phosphate-derived products, specifically:
According to the US Geological Survey, the world’s largest reserves of phosphates are located in Morocco. OCP Group has exclusive access to these reserves.
With global food requirements increasing, we have embarked on a long-term investment program designed to expand our phosphate and fertilizer production capacity, realize cost efficiencies, invest in R&D to develop new technologies, and increase the Group’s international scope.
In addition, our expansion plans will focus on the following priorities:
OCP Group is a global leader in the phosphate industry, with phosphate rock resources of more than 89 billion cubic meters in Morocco, more than any other nation, according to recent US Geological Survey estimates.
Our current phosphate rock capacity is 30 million tons per year, and we are among the five largest fertilizer companies worldwide.
We have an international footprint serving over 150 customers around the globe, and our portfolio of diversified physical assets includes four mining centers, nine chemical manufacturing facilities at home and abroad, and access to four Moroccan ports on the Atlantic Ocean - Casablanca, Jorf Lasfar, Safi and Laayoune - from which we serve customers on five continents.
In 2008, we introduced a new, more efficient corporate structure which, combined with a multi-billion dollar capital investment campaign, puts us on track to increase annual phosphate rock production to 55 million tons over the next several years to address rising worldwide food requirements.
OCP Group is firmly positioned to be the leading low-cost producer in the phosphate industry. Our competitive ranking in the global market ensures our ability to continue providing a sustainable supply of phosphate and fertilizer products to meet growing demand for food and higher agricultural yields for years to come.
Our leadership role is built on our access to vast phosphate resources, which are the largest in the world, along with our 90-plus years of production experience and our skilled workforce.
The Group believes it has the lowest phosphate rock cash costs in the industry because of its high-quality phosphate rock reserves, its easily accessible, open-pit sites and its relatively low transportation costs and its labor costs. We are expanding on this rock-solid base with numerous new initiatives. We’re opening new mines, implementing more efficient production methods and maximizing economies of scale.
Also, we’re building new slurry pipelines that will help us meet additional capacity, increase reliability and reduce emissions. We’re optimizing supply-chain efficiencies and striving to make raw materials sourcing more dependable by securing long-term contracts for low-cost raw materials and diversifying our suppliers.
Although we initially built our international reputation as a reliable producer and exporter of phosphate rock, over time we have diversified into a wide range of derivative products, including fertilizer and phosphoric acid. With global demand for fertilizer growing by 1.8 percent annually and expected to reach as much as 195 million tons a year by 2017, we are in the process of expanding our fertilizer-production capacity with the aim of continued growth in this market, where we are currently the world’s second largest exporter.
Currently we produce a broad array of products adapted to a wide range of soils and agricultural varieties. These include market-ready phosphoric acid (MPA), purified phosphoric acid (PPA), mono-ammonium phosphate (MAP), di-ammonium phosphate (DAP), triple super phosphate and NPK fertilizers. New products under development include sulfur-enhanced fertilizers, feed phosphate, and arboriculture and specialty fertilizer products.
OCP Group continually monitors the markets so we can keep meeting the diverse needs of our many clients worldwide.
Depending on demand, we are able to swiftly modify our mining and granulation processes to produce varying amounts of rock, acid and fertilizer. New technologies and processes have significantly increased our flexibility, guaranteeing that we will remain a secure long-term source of phosphate and derivatives that fully address our customers’ needs.
Moving forward, we will keep monitoring fluctuating demand for phosphate products closely and adjust our production volumes accordingly. In addition, we will continue to expand our production capacity—thereby guaranteeing that there will always be enough phosphate products to maintain global food supplies—by completing our current capital investment plan, and innovating and modernizing as needed in the future.
Having ended the last decade on a positive growth trajectory, OCP Group has embarked on a multi-billion dollar 2010–2020 investment strategy to modernize our industrial assets and boost our production capacity to meet the growing demand for phosphate-related products. As we build out our footprint, we are in the process of optimizing our capital expenditures by standardizing our operations and creating uniform structural templates for our new facilities.
In our ambitious investment program already underway we plan to:
Thus, as global demand for food grows, so will our ability to provide fertilizer to increase agricultural yields, rebuild depleted soils and contribute to global food security.