As the custodian of 70% of the world's known phosphate reserves, we started as a mining-focused company, primarily exporting phosphate rock with minimal local value addition in processing and downstream production.
We have since strategically invested to transform our century-old company into a scientific hub focused on innovation:
- Our initial investment program of $8 billion (2012-2021, including $2.8 billion raised from the international bond market) has made OCP Group as the world's largest phosphate rock and soil and plant nutrition solutions supplier.
- Our goal is to increase our capacity from 12 to 15 million tones of finished products by 2023 and to 20 million tones of fully sustainable nutrients by 2027.
- Our revenues grew from $2.5 billion in 2005 to $9.4 billion in 2021, with revenues reaching $11.2 billion in 2022 and $9.020 billion in 2023, aiming to reach $14 billion in 2025.
- Allocation of 4 million tones of production to the continent in 2023, accounting for more than a quarter of the Group's projected production, and enough to meet up to 80% of Africa's nutrient deficit.