Morocco’s phosphate giant plans $450 million US fertiliser plant, America’s first in more than 40 years

Morocco’s OCP Group is preparing to build America’s first new phosphate-fertiliser plant in more than four decades as part of a proposed investment worth up to $450 million.

OCP North America and CHS, the largest farmer-owned cooperative in the United States, announced plans on 26 August to form a joint venture for the factory.

The facility would be located at the Cornerstone Energy Park in Waggaman, Louisiana, close to the Mississippi River.

It is expected to produce more than one million tonnes of phosphate-based fertiliser annually.

If approved and completed, the companies say it would be the first plant of its kind built in the United States since 1984.