OCP North America, a subsidiary of Moroccan phosphate producer OCP Group, and CHS, a United States (US) farmer-owned cooperative, plan to form a joint venture to build a phosphate fertiliser plant in Louisiana with an investment of up to $450 million.
In June, US President Donald Trump authorised a temporary suspension of certain duties on phosphate fertiliser imported from Morocco to help offset supply disruptions linked to the Iran war.
The plant, to be located at the Cornerstone Energy Park in Waggaman, according to a statement from OCP on Wednesday, would be the first of its kind built in the United States since 1984.
It is expected to produce more than 1 million metric tons of phosphate-based fertiliser annually.
OCP Group would supply phosphoric acid to the facility, while finished products would be distributed through both OCP North America and CHS.
OCP is the world’s largest producer of phosphate-based fertilisers.
It has expanded its production capacity to 16 million metric tons in 2025 from 3 million metric tons in 2008.
—Reuters—
