DuPont and OCP Announce a Joint Venture on Safety and Sustainability

Two Companies will Collaborate to Offer Operational Consulting and Training Services

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May 08, 2013, 06:00 ET

AGADIR, Morocco, May 8, 2013 /PRNewswire/ -- DuPont and OCP today announced the creation of a joint venture to provide consulting and training services to improve the safety, operational and environmental performance of companies in Morocco and other African countries. The joint venture will be named DuPont OCP Operations Consulting, and DuPont and OCP will each hold 50 percent of its share capital.

This joint venture will combine the internationally renowned expertise of DuPont Sustainable Solutions (DSS) and OCP's world-class industrial experience and local market knowledge to provide consulting and training services in the areas of employee and contractor safety and training, process safety management, asset productivity, energy efficiency, integrated operations, sustainability strategy and environmental management. DuPont OCP Operations Consulting will help OCP and industrial companies in Morocco and the region achieve world-class safety and sustainability performance.

"This new partnership underscores the importance of collaboration," said James R. Weigand, president of DuPont Sustainable Solutions. "In line with our market-driven science strategy, this knowledge transfer will allow us to combine the strengths of two leading companies to expand the range of innovative safety, productivity and sustainability solutions available to the market. It will enable DSS to better meet local needs by providing world-class consulting and training services to industries in Morocco and key developing regional markets. OCP's strong regional presence and long-term growth strategy makes them an ideal partner for us to achieve world-class safety performance and add value to the DuPont OCP Operations Consulting offerings."

Amar Drissi, OCP's executive vice president Operations said, "This joint venture will allow OCP to significantly enhance its safety and sustainability performance. Moreover, OCP's ambition encompasses a broader aim to advance local industries and develop a more skilled workforce in Morocco. OCP has a strategic interest in ensuring that its industrial ecosystem in Morocco becomes safer, more environmentally sustainable and more productive which will improve the competitiveness of the country as a whole, allowing for more foreign investment and overall improve economic growth. OCP is committed to elevating safety standards in the region to world-class requirements. Our collaboration with DuPont is a great way to further support this strategic commitment and dramatically improve the performance of our operations and supply chain."

OCP Group is a global leader in the phosphate industry and its derivative products and is a key player in the international market since 1920. Present across the value chain, OCP extracts, markets and sells phosphate and its derivative products. The Group has generated revenues of 59.3 billion of MAD (Moroccan Dirham) in 2012. It employs a direct workforce of over 23,000 employees and substantially contributes with its mining and industrial facilities and through its different programs and projects, to the development of several regions of the Kingdom of Morocco. For further information, visit our website: www.ocpgroup.ma.

DuPont Sustainable Solutions is one of 12 DuPont businesses. Bringing customers the benefits of an integrated global consulting services and process technology enterprise, it applies DuPont's real-world experience, history of innovation, problem-solving success, and strong brands to help organizations transform their workplaces and work cultures to become safer, more efficient and more environmentally sustainable. Additional information is available at: www.sustainablesolutions.dupont.com.

DuPont (NYSE: DD) has been bringing world-class science and engineering to the global marketplace in the form of innovative products, materials, and services since 1802. The company believes that by collaborating with customers, governments, NGOs, and thought leaders, we can help find solutions to such global challenges as providing enough healthy food for people everywhere, decreasing dependence on fossil fuels, and protecting life and the environment. For additional information about DuPont and its commitment to inclusive innovation, please visit: www.dupont.com

SOURCE DuPont