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OCP Group to build US phosphate plant
Morocco's OCP Group announced its plan to establish its first phosphatic fertilizer production plant in the United States since 1984, with an investment of up to $450 million in Louisiana near New Orleans. The project aims to reduce America's dependence on imports by approximately 48%, with an estimated production capacity ranging from 1 to 1.3 million tons annually of fertilizers such as MAP and DAP. The factory will rely on importing raw materials from Morocco, leveraging its location on the Mississippi River to facilitate distribution to American agricultural regions. Construction is expected to begin before the end of 2026, with potential start-up in late 2028. The initiative seeks to strengthen local supply chains, particularly amid rising costs and global market tensions.
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