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Yield OCP S.A. 4,5% 15/25.
| Yield in % (last price) | 5.6594 |
|---|---|
| Modified duration in years | 2.779 |
How many employees does the OCP Group have in Morocco?
The group employs nearly 23,000 people in Morocco and a number of international subsidiaries. In 2018, its revenues amounted to US$5.884 billion. The OCP Group was founded in Morocco in 1920 as the Office Chérifien des Phosphates following Royal Decree.
What is the OCP Group?
The OCP Group (formerly the Office chérifien des phosphates; Cherifien Office of Phosphates), founded on August 7, 1920 in Morocco and transformed into a limited company (OCP SA) in 2008, is one of the leading exporters of phosphate rock, phosphoric acid and phosphate fertilizers in the world.
What is the price of Morocco phosphate rock?
Morocco Phosphate Rock Price is at a current level of 176.67, up from 153.13 last month and up from 83.33 one year ago. This is a change of 15.37% from last month and 112.0% from one year ago.
Why invest in OCP?
OCP has access to more than 70% of the world's phosphate rock reserves. Initially a mining company, OCP has diversified in 1965 to become a phosphate processor, making it one of the world's leading fertilizer manufacturers.
Who owns OCP Morocco?
the Moroccan stateCurrently 95% of the OCP Group is owned by the Moroccan state and 5% by Banque Centrale Populaire investment funds.
What is OCP fertilizer?
OCP produces binary fertilizers Di-Ammonium Phosphate (DAP) and Mono-Ammonium Phosphate (MAP), and full phosphate blend Triple Super Phosphate (TSP). MAP, TSP and DAP fertilizers can all be used directly or in blended, customized solutions.
What is OCP Africa?
A subsidiary of OCP Group – A leading global provider of phosphate and its derivatives with almost 100 years of experience – OCP Africa was created in 2016 to contribute to the sustainable development of African agriculture.
Where do they mine phosphate?
Phosphate rock was discovered in central Florida in the 1880s, and because of the extensive, high-quality deposits and lower mining cost, it quickly became the leading phosphate-producing state. Currently, phosphate rock is mined in Florida, Idaho, North Carolina and Utah.
How do you use Yara fertilizer?
Growing fruit, vegetables and ornamentalsApply on damp soil. Fertiliser should be applied to damp soil and watered in well. ... Avoid contact with plant. Avoid applying fertiliser directly onto plants, and especially avoid contact with seeds and seedlings.Apply little and often. Do not apply when too wet.
What are phosphate used for?
Phosphate rock is processed to produce phosphorous, which is one of the three main nutrients most commonly used in fertilizers (the other two are nitrogen and potassium). Phosphate can also be turned into phosphoric acid, which is used in everything from food and cosmetics to animal feed and electronics.
What process is used to extract phosphate?
PARFORCE Technology is an industrial process for the extraction of phosphate from secondary raw materials. The acronym stands for “Phosphoric Acid Recovery From Organic Residues and Chemicals by Electrochemistry”.
How much did OCP sell?
OCP sold $750 million in 10-year bonds at 240 basis points (bps) over mid-swaps and $750 million in 30-year bonds at 340 bps over mid-swaps, the document from one of the banks on the deal showed.
How much money did OCP get in bonds?
Moroccan phosphate producer OCP Group launched $1.5 billion in dual-tranche bonds on Thursday after receiving around $7 billion in orders for the debt sale, a document showed.
Stock exchange and OTC quotes
Indicative Indicative price is used to calculate the yield, duration, modified duration and is calculated according to the following priority of prices: weighted average price (Average), market price (Market), closing price (Close), admitted price (Admitted), middle price (Mid), last price (Last)).
Issue information
Office Chérifien des Phosphates (OCP) is the national Moroccan phosphates company. It is the world's biggest exporter of phosphates and derivatives. The company is solely responsible for the production and sale of Moroccan phosphate resources, mined ...
Level Chart
Morocco Phosphate Rock Price is at a current level of 176.67, up from 153.13 last month and up from 83.33 one year ago. This is a change of 15.37% from last month and 112.0% from one year ago.
Basic Info
Morocco Phosphate Rock Price is at a current level of 176.67, up from 153.13 last month and up from 83.33 one year ago. This is a change of 15.37% from last month and 112.0% from one year ago.
What is the role of OCP in Morocco?
In 2007, the OCP Group set itself a target to triple its production of fertilizers by 2020. The OCP Group plays an important economic and social role in Morocco. The value of phosphates and their derivatives represented nearly a quarter of the country's exports and approximately 3.5% of the GDP in 2010.
What is OCP Africa?
In February 2016, the OCP Group created a new subsidiary named OCP Africa, which is responsible for leading the development of the group in the African fertilizer market through a network of subsidiaries in 12 African countries.
What fertilizer is produced by OCP?
The phosphate-based conventional fertilizers produced by OCP include; Mono-Ammonium Phosphate (MAP) a concentrated phosphate fertilizer, made with phosphorus and nitrogen. Di-Ammonium Phosphate (DAP) is a concentrated phosphate fertilizer, that can also be used as a fire retardant. Triple Super Phosphate (TSP) is a concentrated phosphate fertilizer made with just phosphate. These can be used directly for soil fertilization or as raw material for blends, or other products.
What is OCP fertilizer?
Initially a mining company, OCP has diversified in 1965 to become a phosphate processor, making it one of the world's leading fertilizer manufacturers. The company holds a 31% market share of the world phosphate product market. The group employs nearly 23,000 people in Morocco and a number of international subsidiaries.
What is Boucraa mine?
Boucraa mine represents approximately 2% of the Morocco's total phosphate reserves, 4.6% of OCP Group's total revenue and around 8% of the total rock extracted.
When was the first OCP chemical site?
The first OCP chemical site, the Safi complex started its activities in 1965 to process the phosphate rock from Benguerir. In addition to fertilizer and phosphoric acid production units, the site has a phosphate washing unit and a sulfuric acid plant.
When was the phosphoric acid plant built?
The construction of the purified phosphoric acid plant was launched in Jorf Lasfar in 1996 and started production in 1998. In 2014, the OCP Group inaugurated the slurry pipeline linking Khouribga to Jorf Lasfar, a technological advancement in the transportation of phosphates.
