Latest news with #AhmedMahrou

TimesLIVE
22-05-2025
- Business
- TimesLIVE
Morocco's OCP to produce 3-million tons of green fertilisers by 2027
Moroccan phosphates and fertilisers producer OCP plans to produce 3-million metric tons of fertilisers using renewable energy by 2027 to reduce its carbon footprint, a managing director at the company, Ahmed Mahrou, said on Wednesday. In 2023 OCP said it will invest $12bn (R36.05bn) to power its industrial plants with renewable energy by 2027. It also aims to achieve carbon neutrality by 2040. Last year the state-owned group produced 14-million tons of phosphate-based fertilisers. Reuters


Zawya
21-05-2025
- Business
- Zawya
Morocco's OCP to produce 3mln tons of green fertilisers by 2027
Moroccan phosphates and fertilisers producer OCP plans to produce 3 million metric tons of fertilisers using renewable energy by 2027 to reduce its carbon footprint, a managing director at the company, Ahmed Mahrou, said on Wednesday. In 2023, OCP said it will invest $12 billion to power its industrial plants with renewable energy by 2027. It also aims to achieve carbon neutrality by 2040. Last year, the state-owned group produced 14 million tons of phosphate-based fertilisers. (Reporting by Ahmed El Jechtimi, writing by Elwely Elwelly, Editing by Louise Heavens)