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𝐎𝐂𝐏 𝐆𝐫𝐨𝐮𝐩 𝐒𝐞𝐜𝐮𝐫𝐞𝐬 𝐄𝐔𝐑 200 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐧𝐠 𝐀𝐠𝐫𝐞𝐞𝐦𝐞𝐧𝐭 𝐰𝐢𝐭𝐡 𝐊𝐟𝐖 𝐭𝐨 𝐁𝐨𝐨𝐬𝐭 𝐆𝐥𝐨𝐛𝐚𝐥 𝐅𝐨𝐨𝐝 𝐒𝐞𝐜𝐮𝐫𝐢𝐭𝐲 𝐚𝐧𝐝 𝐓𝐚𝐜𝐤𝐥𝐞 𝐂𝐥𝐢𝐦𝐚𝐭𝐞 𝐂𝐡𝐚𝐧𝐠𝐞

OCP Group , a leading global provider of plant nutrition solutions and phosphate-based fertilizers, has entered into a EUR 200 million financing agreement with KfW, Germany’s development and investment bank. This deal is designed to enhance global food security and address climate change. The KfW loan is a key part of OCP Group’s extensive USD 13 billion green investment plan for 2023-2027, aimed at sustainable fertilizer production: - EUR 150 million will be directed towards achieving the company’s goal of utilizing 100% non-conventional water for its industrial processes by 2024. - EUR 50 million will assist in meeting targets for 100% clean energy use by 2027, full carbon neutrality in Scopes 1 and 2 by 2030, and Scope 3 by 2040. This investment will also help boost the production of green fertilizers. As part of its strategy, OCP Group plans to invest USD 7 billion in generating green hydrogen and green ammonia from wind and solar power. By 2027, the initiative aims to produce 1 mi

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