{"id":262291,"date":"2019-11-14T07:00:33","date_gmt":"2019-11-14T10:00:33","guid":{"rendered":"https:\/\/anba.com.br\/?p=262291"},"modified":"2019-11-13T18:46:46","modified_gmt":"2019-11-13T21:46:46","slug":"moroccos-ocp-group-planning-expansion-in-brazil","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/moroccos-ocp-group-planning-expansion-in-brazil\/","title":{"rendered":"Morocco\u2019s OCP Group planning expansion in Brazil"},"content":{"rendered":"

S\u00e3o Paulo \u2013 OCP Group<\/a>, the Morocco-based fertilizer manufacturing conglomerate, is planning to add four new storage sites to its Brazil operations next year. OCP\u2019s CEO for Brazil, Olavio Takenaka (pictured, on the right<\/em>), told ANBA that warehouses will open in the states of Goi\u00e1s, Minas Gerais, Par\u00e1 and Santa Catarina in 2020. Takenaka attended the Brazil Africa Forum<\/a> this Wednesday (13). The Group\u2019s senior VP for East Africa, Fay\u00e7al Benameuri (on the left<\/em>), was a panelist.<\/p>\n

OCP has been active in Brazil since 2010, with operations in Paranagu\u00e1 (Paran\u00e1), Rio Grande and Itaqui (Rio Grande do Sul), Rondon\u00f3polis (Mato Grosso) and Aratu (Bahia), plus two offices in S\u00e3o Paulo (S\u00e3o Paulo). Phosphate gets shipped in from Morocco to OCP\u2019s warehouses. From there, it ships to fertilizer mixers and distributors. Apart from the units in the pipeline for 2020, there are also plans for further ones in 2021, according to Takenaka.<\/p>\n

The company internalizes the product in Brazil to work around high costs and seaport issues. \u201cWe internalize everything so that our clients get the product just-in-time, right next to their plants,\u201d said Takenaka. All of the phosphate sold by OCP in Brazil is imported from Morocco. \u201cWe have a line of over 50 different products, but they\u2019re all phosphate-based,\u201d he explains.<\/p>\n

OCP is the biggest phosphate supplier in Brazil, and it accounts for 40% of the product\u2019s imports to Brazil, according to Takenaka. The conglomerate owns the world\u2019s biggest phosphate reserves, containing 500 years\u2019 worth of product. It is investing in stepping up output in Morocco to cater to worldwide demand.<\/p>\n

The Group owns a 10% stake in the Brazilian fertilizer company Heringer, currently undergoing court-assisted restructuring, but Takenaka declines to discuss any possible acquisition plans for the country. According to the CEO, OCP\u2019s investment plans in Morocco exceed USD 20 billion. \u201cSo that we can increase output in Morocco and supply the world,\u201d he says.<\/p>\n

Takenaka notes that Brazil needs fertilizers because its soil is nutrient-poor, and that phosphate underpins agribusiness exports, which currently fetch USD 100 billion a year. \u201cIf it weren\u2019t for fertilizers, (Brazil) wouldn\u2019t be playing this leading role, it wouldn\u2019t be thriving,\u201d he argues. \u201cWe have the soil. We have water. We have sunlight \u2013which the tropics get more of than the Northern Hemisphere. We have the technology \u2013a highly advanced production system to supply the world \u2013, yet our soil is poor in nutrients,\u201d he says.<\/p>\n

According to Takenaka, OCP intends to be present in every Brazilian state that\u2019s relevant to agriculture, livestock farming and liquid fertilizers, so it can sell fertilizer inputs and poultry, pork and cattle feed products. \u201cBrazil has been and will continue to be one of the fastest-growing countries in fertilizer consumption for decades,\u201d said the CEO.<\/p>\n

As per the OCP Group website\u2019s Investor Relations area, the company reported USD 2.87 billion in global revenue in H1 2019, up from USD 2.86 billion in H1 2018. It also reported healthy<\/a> global demand and USD 1.85 billion in gross profit, up from USD 1.83 billion a year ago, reflecting stronger revenue and lower raw material prices.<\/p>\n

Translated by Gabriel Pomerancblum<\/strong><\/p>\n

Isaura Daniel\/ANBA<\/div>\n","protected":false},"excerpt":{"rendered":"

The phosphate manufacturer has had operations in Brazil since 2010, and new storage facilities are expected next year, local CEO Olavio Takenaka said.<\/p>\n","protected":false},"author":1455,"featured_media":262251,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[107],"tags":[12623,2792,9558,12560,8578],"class_list":{"0":"post-262291","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business-opportunities","8":"tag-fertilizantes-ocp-marrocos-ar","9":"tag-fertilizer","10":"tag-morocco-en","11":"tag-ocp-group-en","12":"tag-phosphate"},"wps_subtitle":"The phosphate manufacturer has had operations in Brazil since 2010, and new storage facilities are expected next year, local CEO Olavio Takenaka said.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/262291","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/1455"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=262291"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/262291\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/262251"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=262291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=262291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=262291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}