PROJECT

Projects

Environmental & Social Review Summary

Project Number

51794

Company Name

OCP S.A.

Date ESRS Disclosed

Apr 10, 2026

Country

Morocco

Region

Africa

Last Updated Date

Apr 10, 2026

Environmental Category

B - Limited

Status

Pending Approval

Sector

Phosphatic Fertilizer

Industry

Manufacturing

Department

Regional Industry - MAS Africa

Project Description

OCP S.A. (“OCP”, the “Company”, together with its subsidiaries, the “Group”), a Moroccan state-owned enterprise (“SOE”), is an existing IFC client. OCP is (one of the biggest producers and largest exporter of phosphate rock, phosphoric acid and phosphate based fertilizers worldwide.

OCP generates phosphogypsum (“PG”) as a by-product in the production with a total PG production of 32 million tonnes/year at its Jorf Lasfar facility. The proposed investment is EUR95 million senior loan to OCP to support development of a wet storage facility to OCP’s Jorf Lasfar facility in the Commune of Moulay Abdellah within the province of El Jadida and the Casablanca-Settat region in Morocco. The PG storage facility occupies a 115-ha plot of land and has a storage capacity of up to 22 million tons (MT) PG (the “Project”).

The project is the first significant milestone in OCP’s PG storage and valorization (i.e. recycling/reuse/recovery) program. It will enable OCP to progressively phase out the marine disposal of PG and adopt a more sustainable management approach for this by-product. IFC is also supporting OCP through an advisory engagement to develop the business case for valorization options, including sulfur recovery and green clinker production.

This proposed storage (“PG storage”) is Phase-1 of the storage project and will have two sections:

o Borrow Area (20 ha): Capacity 1 MT; Final stacking height of 10m
o Main Storage Area (115 ha): Capacity 22 MT; Final stacking height of 60 m

Initially, PG is transported by truck and stored in the Borrow Area. In the Main Storage Area, PG (7 MT/year) will be transported from certain areas of the Jorf Lasfar facility in slurry form through pipelines. All storage cells will be lined with geoliners (to prevent any soil or groundwater contamination) and will have a drainage system at the bottom to collect any leachate. The collected leachate will be reused.

OCP has started storage in the Borrow Area since September 2024. The early works and civil works for the Main Storage Area, consisting of two storage cells, were started in July 2025 and construction is expected to be completed by April 2027. Storage in the first storage cell of the Main Storage Area is expected to commence in October 2026.

OCP has hired a Moroccan company as General Contractor for the construction works. The company has also appointed a recognized engineering and environmental services consultancy, to act as the Owner’s Engineer and Project Management Consultant (the Project Consultant) for the development, construction, and commissioning phases. The project consultant will also be hired for the operation phase.

OCP is an existing IFC client with a satisfactory E&S performance (Project# 43582 disclosed in May 2021, Project# 46531 disclosed in Dec 2022, Project# 48626 disclosed in Sep 2023, Project#49203 disclosed in May 2024). Environmental and Social Review summary (“'ESRS”) of previous OCP investments are available at: https://disclosures.ifc.org/project-detail/ESRS/43582/ocp-africa-cf, https://disclosures.ifc.org/project-detail/ESRS/46531/ocp-solar-1, https://disclosures.ifc.org/project-detail/ESRS/48626/ocp-solar-2, and https://disclosures.ifc.org/project-detail/ESRS/49203/ocp-green-water.

Overview of IFC's Scope of Review

Considering the nature of the investment (i.e. defined use of proceeds for the proposed PG storage), IFC’s review focused on OCP’s environmental and social (E&S) policies and management systems as relevant for the proposed PG storage (with a special focus on land acquisition and contractor management), review of the Environmental Impact Assessment (EIA) report completed for the project and Health, Safety and Environment (HSE) documentation of the contractor and project consultant. The appraisal also included:

(a) Site visits (in October 2025) to the site for the OCP PG storage, nearby cemetery as well as parts of OCP’s Jorf Lasfar facility relevant for this project (JFC-V, desalination plant and control room); and
(b) Discussions with the EIA consultant, contractor and project consultant’s HSE management teams, as well as OCP’s land acquisition, human resource (HR) and sustainability teams.

E & S Project Categorization and Applicable Standard

Environmental and Social Mitigation Measures

Stakeholder Engagement

Broad Community Support

Environmental & Social Action Plan

Client Documentation

File Name Actions
ESIA - Stockage du PG a Jorf Lasfar - Annexes 1, 2 et 3 - VF.pdf
935981775636948_ESIA - Stockage du PG a Jorf Lasfar - Partie 1 - Description du projet et etat initial environnemental et social - VF.pdf
935981775636962_ESIA - Stockage du PG a Jorf Lasfar - Partie 2 - Impacts, Mesures et Suivi Environnemental - VF.pdf