500 Business Champions: Green hydrogen, desalination, education… Where does OCP go from here?

The world’s leading producer of phosphate fertilisers, the Moroccan group headed by Mostafa Terrab, is continuing to diversify, and is currently working on a number of projects that are both ambitious and strategic for the kingdom.

OCP is not feeling the crisis. Far from it. The global phosphates giant may have seen its sales fall by 20.3% in 2023, from 114.6 to 91.3bn dirhams , but 2022 was a record year for a group that has benefited fully from the reduction in Chinese exports and the sanctions against Russia.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

500 Business Champions: Has Dangote Cement finally found the right strategy outside of Nigeria?Despite inflationary pressures and logistical constraints, the ‘king of cement’ has confirmed its rise to prominence and seems to be finding the path to profitability in pan-African markets.
Source: TheAfricaReport - 🏆 29. / 55 Read more »

500 Business Champions: Joining the ‘billion dollar revenue’ clubFourteen companies from the continent have entered the exclusive circle of billionaire dollar companies in the 2024 edition of our exclusive ranking of the 500 African champions.
Source: TheAfricaReport - 🏆 29. / 55 Read more »