One of the world’s largest producers of phosphate based fertilizer, Morocco’s OCP Group, has announced that it expects the ammonia plant in Nigeria and the fertilizer plant in Ghana to be operational by 2024.
This forms part of the expansion strategy of the group into the Sub-Saharan Africa in recent years, thereby boosting its investments.
According to the company’s Chief Growth Officer, Soufiyane El Kassi, the two plants will be adding 2 million tonnes a year to its global capacity, with each of the plants having a capacity of 1 million tonnes a year. This is part of OCP’s push to step up investment of phosphate based fertilizers in Africa.
The $1.3 billion Nigerian plant when operational is expected to export ammonia to OCP Morocco plant in Jorf Lasfar, while the Morocco firm would supply phosphoric acid to make the fertilizer.
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