Moroccan phosphate producer OCP Group expects a planned $1.3 billion ammonia plant in Nigeria to start producing in late 2023, a senior company official said on Thursday.
The plant will be built in southeast Nigeria where gas suppliers have been identified, Mohammed Hettiti, head of OCP Nigeria, told Reuters on the sidelines of a conference in Rabat, without giving details.
The factory is part of OCP’s push to step up investment in phosphates-based fertilisers in Africa. It has plans for other plants in Ethiopia and Ghana.
The factory, with annual production capacity of 750,000 tonnes of ammonia and 1 million tonnes of fertilisers, would export ammonia to Morocco’s plant in Jorf Lasfar, while Morocco would supply phosphoric acid to make fertiliser, he said.
OCP, which already supplies more than 90% of Nigerian fertiliser demand, signed a protocol agreement in June 2018 to build the plant with Nigeria’s Sovereign Investment Authority.
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