Koch Ag & Energy Solutions to acquire a 50% stake in Jorf Fertilizers Company III from OCP.

Koch Ag & Energy Solutions, a global provider of value-added solutions for the agriculture, energy and chemical markets, agreed to acquire a 50% stake in Jorf Fertilizers Company III, which owns and operates an integrated phosphate fertilizer production facility in Jorf Lasfar, Morocco, from OCP, the world’s largest phosphate mining and leading global fertilizer group. Financial terms were not disclosed. "The venture builds on Koch’s long-standing relationship with OCP and a shared vision to expand phosphate offerings globally," Scott McGinn, Koch Fertilizer Executive Vice President.