# China's Forbon, Morocco's OCP to Set Up Fertilizer JV, Asia-Pacific R&D Base

> Chinese fertilizer additive firm Hubei Forbon Technology plans a 50/50 joint venture with Morocco's OCP Group in Wuhan, with registered capital up to USD10 million. The JV will be OCP's first Asia-Pacific R&D center and will focus on conventional and value-added fertilizers.

- Date: 2019-06-18 · published 2019-06-18T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/58916-china-s-forbon-morocco-s-ocp-to-set-up-fertilizer-jv-asia-pacific-r-and-d-base
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

The JV is an R&D and technology partnership with no immediate change to phosphate supply, so its price impact is minimal.

## Read by commodity

- PHOSROCK: neutral

## Sources

- yicaiglobal.com: https://www.yicaiglobal.com/news/china-forbon-morocco-ocp-to-set-up-fertilizer-jv-asia-pacific-rd-base

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