) announced that it has formed a joint venture with OCP, under
which, the companies will provide consulting and training
services in Morocco and other African countries. Both DuPont and
OCP will have a 50% stake in the joint venture which will be
called DuPont OCP Operations Consulting.
The joint venture will embrace the internationally-renowned
expertise of DuPont Sustainable Solutions (DSS) and OCP's
world-class industrial experience and local market knowledge. DSS
will provide world-class consulting and training services to
industries in Morocco and key developing regional markets while
meeting the local needs. On the other hand, OCP's strong regional
presence will enable the joint venture to achieve world-class
safety performance and add value.
OCP, the global leader in the phosphate industry, aims to develop
local industries and build a more skilled workforce in Morocco.
The company's objective is to make Morocco safe, more
environmentally sustainable and more productive, thereby
improving the competitiveness of the country and allowing for
more foreign investment and improvement of overall economic
DuPont is a global chemical and life sciences company and
provides innovative products, materials, and services to the
global market. DSS, which is one of the 12 businesses of DuPont,
helps in transforming the organizations, thereby making them more
safe, sustainable and efficient.
DuPont currently retains a Zacks Rank #3 (hold).
Other companies in the chemical industry that are worth
Shin-Etsu Chemical Co., Ltd.
). While Shin-Etsu Chemical retains a Zacks Rank #1 (Strong Buy),
both Celanese and Methanex carry a Zacks Rank #2 (Buy).
CELANESE CP-A (CE): Free Stock Analysis
DU PONT (EI) DE (DD): Free Stock Analysis
METHANEX CORP (MEOH): Free Stock Analysis
SHIN-ETSU CHEM (SHECY): Get Free Report
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