Morocco’s OCP Group and US-based Koch Ag & Energy Solutions have signed an agreement to expand their industrial partnership at the Jorf Lasfar fertilizer complex, with Koch set to acquire a 50% stake in Jorf Fertilizers Company I (JFC I), a subsidiary of OCP Nutricrops.
The deal will create an operational joint venture split equally between the two groups, built around a phosphate fertilizer plant with an annual production capacity of 1.2 million metric tons.
The facility is one component of the Jorf Lasfar complex, which the companies describe as the world’s largest phosphate fertilizer production platform.
The agreement builds on an existing relationship between the two companies dating back to 2022, when Koch took a 50% stake in another OCP subsidiary, Jorf Fertilizers Company III, subsequently rebranded Kofert.
Once the JFC I transaction closes, the two joint ventures together will represent a combined annual production capacity of roughly 2.5 million metric tons of phosphate-based fertilizers.
The companies frame the new venture as targeting global customers, with particular emphasis on the United States.
The announcement also notes that the US administration’s recent temporary suspension of countervailing duties on Moroccan phosphate fertilizer imports gives the new joint venture an added opening to supply American farmers and customers with phosphate-based crop nutrition solutions.