Office Chérifien des Phosphates
|Seat||Casablanca , Morocco|
|Number of employees||20,980|
|sales||42.47 billion Dh
3.98 billion EUR
|As of December 31, 2016|
The Casablanca- based OCP extracts extensive phosphate deposits, estimated at 85 million tons, and manufactures phosphate products. It is the largest supplier of phosphates in the world market.
The company, which was founded in 1920, is owned by the Moroccan state. The company is managed by a general manager, currently (2006) Mourad Sherif .
After Morocco gained independence, Mohammed Karim Lamrani held this position for more than 25 years . At times he was also the Prime Minister of Morocco. He was succeeded in 1989 by Mohammed Fettah , who handed over the office to Sherif in 1994. It was followed in 1999 by Mohammed Berrada and then the future Prime Minister Driss Jettou , from whom Sherif took over the office again.
- OPC Group Consolidated Financial Statement 2016 , at www.opcgroup.ma , accessed on July 29, 2017
- Converted at the rate on the balance sheet date, December 31, 2016