The world 's largest phosphate producer OCP Group of phosphate is set to take a twenty - fifth stake in Spanish fertiliser company Fertinagro in a capital increase deal , so that it may leverage the Spanish company 's technical expertise and capabilities in specialty products . The purchase is part of a wider initiative by OCP to explore innovation and product customisation , and the move is expected to optimise Fertinagro 's product development and biotech application capabilities . Fertinagro produces and sells NPK , and NPK - enriched biostimulants , and has the production capacity of 150 million tonnes with 22 plants and logistic facilities in Spain and France .
The world's largest phosphate producer OCP Group of Morocco is set to take a one-fifth stake in Spanish fertiliser company Fertinagro in a capital increase deal, so that it may leverage the Spanish company's technical knowledge and capabilities in specialty products. The purchase is part of a wider initiative by OCP to explore innovation and product customisation, and the move is expected to optimise Fertinagro's product development and biotech application capabilities. Fertinagro produces and sells NPK, and NPK-enriched biostimulants, and has the production capacity of 2 million tonnes with 22 plants and logistic centres in Spain and France.