# Upcoming Morocco Fertilizer Project Worth $1.24 Billion, an Indus...

> OCP, through subsidiary Phosboucraa, plans a $1.24 billion fertilizer complex in Laayoune, Morocco. It will include 500,000 tonnes per year each of DAP and MAP, plus phosphoric and sulfuric acid units.

- Date: 2020-01-05 · published 2020-01-05T12:00:00.000Z
- Category: market · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/55407-upcoming-morocco-fertilizer-project-worth-1-24-billion-an-indus
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

A future expansion of DAP and MAP capacity in Morocco adds to medium-term phosphate supply, though the project is not near-term and has limited immediate price effect.

## Read by commodity

- DAP: neutral

## Sources

- industrialinfo.com: https://www.industrialinfo.com/news/article/upcoming-morocco-fertilizer-project-worth-124-billion-an-industrial-info-market-brief--280134

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.