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OCP Group Achieves Over 69 Billion MAD in Revenue by End of September 2024

The OCP Group has reported robust financial results, with its revenue (chiffre d’affaires) reaching 69.046 billion Moroccan dirhams (MAD) by the end of September 2024. This marks a 13% increase compared to the 61.03 billion MAD recorded during the same period in 2023. The growth was driven primarily......

Green Hydrogen and Ammonia Venture Approved in Morocco

Groundbreaking Collaboration Between OCP and Fortescue Greenlit by Competition Council The Moroccan Competition Council has officially sanctioned the formation of a pioneering joint venture between OCP Green Energy SA, a subsidiary of Morocco's OCP Group, and Fortescue, an Australian enterprise......

OCP Group's Ambitious $2 Billion Bond Fuels Green Transition

In a bold step toward sustainability, Morocco's phosphate giant OCP Group has launched an investor roadshow for a new international bond valued at up to $2 billion. This move follows the company's announcement in 2022 of a comprehensive $13 billion green transition plan, underscoring its commitment......

OCP Group and Fortescue Partner to Boost Renewable Energy Production in Morocco

On Monday, April 8, the OCP Group announced a partnership with Fortescue, a leader in iron ore, for a Joint-Venture (JV). This equal partnership aims to provide green hydrogen, green ammonia, and green fertilizers to Morocco, Europe, and international markets, according to the global giant of phosphate......

Innovx's Hydrojeel Subsidiary Leading the Charge in Green Hydrogen and Ammonia Innovations

In a decisive move towards sustainable energy solutions, Innovx, a pioneering company affiliated with Morocco's prestigious Mohammed VI Polytechnic University (UM6P), has introduced an ambitious venture Hydrojeel. This newly established subsidiary is poised to propel Innovx to the forefront of the......