Moroccan fertilizer company signs major deal with China

Morocco’s state-owned OCP has signed a $205m deal with a Chinese company, in what is a major milestone for the phosphate and fertilizer producer, according to MoroccoWorldNews.

Announced on December 30th, the deal secures the supply of bulk handling equipment for the major commercial harbour of Safi.

The agreement comes after OCP reported a strong annual performance, with revenues increasing by more than 13%, to $6.9bn this year.

MoroccoWorldNews