DuPont, OCP form joint venture to target West Africa market
US company DuPont and OCP Group of Morocco have announced a joint venture with markets of West Africa and other parts of the continent in mind.
Speaking at a plenary section at the ongoing Symphos 2013 in Agadir, Morocco, Thursday May 9, 2013, James Weigand, president of DuPont Sustainable Solutions said the deal was signed Wednesday May 8, 2013 to reach other parts of Africa including West Africa.
In a joint press release issued after the signing ceremony, the two companies said the joint venture will 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,” they said.
The release also indicated that the 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, the release added.
By Emmanuel K. Dogbevi, in Agadir, Morocco