CHEMICAL WEEK
Office Chérifien des Phosphates (OCP; Casablanca) reported 11.55 billion Moroccan dirhams ($1.4 billion) in revenue during the third quarter, up 13% from DH10.20 billion one year earlier.
Ebitda also increased, from DH3.44 billion in the third quarter of 2013, to DH3.92 billion in the third quarter of this year. The company did not disclose net profit figures. OCP says that, in the third quarter, it succeeded in optimizing phosphate fertilizer sales and posted double-digit year-on-year (YOY) revenue growth. Higher phosphate shipments and pricing.
