The Moroccan fertilizer producer says currency changes, lower sales volumes, and tensions in the Middle East affected first-quarter results, even as demand for phosphate fertilizers stayed firm in key markets.
Morocco’s OCP Group ranked among the world’s top 50 chemical brands after strong financial growth and a major US dollar bond deal.
The new center aims to improve access to farm services, inputs, and knowledge across the region.
The company names new leadership as it moves ahead with its global growth plans.
The move strengthens the group’s global reach as demand for fertilizers rises across key markets.