Cherifian Office of Phosphates

US to Review Tariffs on Moroccan Phosphate Fertilizers, Potentially Easing Trade Tensions

3 April 2025

Since 2021, the imposition of countervailing duties on Moroccan phosphate fertilizers has created trade tensions. Washington could once again review these duties.

U.S. Slightly Reduces Tariff on Moroccan Phosphate Giant OCP

24 December 2024

The United States has revised the countervailing duty rate imposed on the Moroccan giant, OCP, "for alleged subsidies".

Economic Divide Widens as Morocco Advances, Algeria Stagnates

26 November 2024

Despite the tensions that have escalated in recent years, there is a need for rapprochement between Morocco and Algeria to develop economic partnerships.

Morocco positions itself as a future hub of clean energy to Europe

30 October 2024

On the sidelines of the state visit of President Emmanuel Macron to Rabat, the Cherifian Office of Phosphates (OCP) has concluded a partnership with the French industrial (…)

Morocco Launches National Fund to Boost Youth Football Development

14 August 2024

The Royal Moroccan Football Federation (FRMF), the Moroccan group OCP and other private partners signed on Tuesday a convention for the creation of a National Fund dedicated to (…)

OCP Acquires Majority Stake in Iconic Marrakech Hotel La Mamounia for $170 Million

20 July 2024

The global phosphate giant, OCP, has become the majority shareholder of the La Mamounia hotel following the state’s sale of its stake in the establishment. This operation is (…)

Morocco’s OCP Secures $200 Million Loan for Dual Desalination Plants to Boost Water Supply

27 May 2024

The Moroccan group OCP will benefit from a loan of 2.2 billion dirhams, or nearly 200 million euros, from the European Bank for Reconstruction and Development (EBRD) for the (…)

U.S. Hikes Tariffs on Moroccan Fertilizers, OCP Group to Appeal Decision

9 May 2024

The U.S. Department of Commerce (DOC) has decided to increase the customs duties on imports of Moroccan fertilizers from 2.12% to 14.21%. A decision that harms the interests of (…)

Morocco’s Economy Grows 3.3% in Q4 Despite Inflation and Phosphate Export Decline

27 January 2024

The inflation rate in Morocco will continue its downward trend, but will not return to its pre-2022 level, the High Commission for Planning (HCP) said in a recent report, (…)

Moroccan Phosphate Giant OCP Launches $37 Million Football Development Subsidiary

22 January 2024

The competent Moroccan authorities have just authorized the OCP group to create a new subsidiary dedicated to the development of football.