For best results when printing this announcement, please click on the linkbelow:http://pdf.reuters.com/pdfnews/pdfnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130508:nPnPH10551 Two Companies will Collaborate to Offer Operational Consulting and TrainingServicesAGADIR, Morocco, May 8, 2013 /PRNewswire/ -- DuPont and OCP today announcedthe creation of a joint venture to provide consulting and training services toimprove the safety, operational and environmental performance of companies in Morocco and other African countries. The joint venture will be named DuPontOCP Operations Consulting, and DuPont and OCP will each hold 50 percent of itsshare capital.This joint venture will combine the internationally renowned expertise of DuPontSustainable Solutions (DSS) and OCP's world-class industrial experience andlocal market knowledge to provide consulting and training services in the areasof employee and contractor safety and training, process safety management, assetproductivity, energy efficiency, integrated operations, sustainability strategyand environmental management. DuPont OCP Operations Consulting will help OCPand industrial companies in Morocco and the region achieve world-class safetyand sustainability performance."This new partnership underscores the importance of collaboration," said JamesR. Weigand, president of DuPont Sustainable Solutions. "In line with ourmarket-driven science strategy, this knowledge transfer will allow us to combinethe strengths of two leading companies to expand the range of innovative safety,productivity and sustainability solutions available to the market. It willenable DSS to better meet local needs by providing world-class consulting andtraining services to industries in Morocco and key developing regionalmarkets. OCP's strong regional presence and long-term growth strategy makesthem an ideal partner for us to achieve world-class safety performance and addvalue to the DuPont OCP Operations Consulting offerings."Amar Drissi, OCP's executive vice president Operations said, "This joint venturewill allow OCP to significantly enhance its safety and sustainabilityperformance. Moreover, OCP's ambition encompasses a broader aim to advancelocal industries and develop a more skilled workforce in Morocco. OCP has astrategic interest in ensuring that its industrial ecosystem in Morocco becomes safer, more environmentally sustainable and more productive which willimprove the competitiveness of the country as a whole, allowing for more foreigninvestment and overall improve economic growth. OCP is committed to elevatingsafety standards in the region to world-class requirements. Our collaborationwith DuPont is a great way to further support this strategic commitment anddramatically improve the performance of our operations and supply chain."OCP Group is a global leader in the phosphate industry and its derivativeproducts and is a key player in the international market since 1920. Presentacross the value chain, OCP extracts, markets and sells phosphate and itsderivative products. The Group has generated revenues of 59.3 billion of MAD(Moroccan Dirham) in 2012. It employs a direct workforce of over 23,000employees and substantially contributes with its mining and industrialfacilities and through its different programs and projects, to the developmentof several regions of the Kingdom of Morocco. For further information, visitour website:www.ocpgroup.ma. DuPont Sustainable Solutions is one of 12 DuPont businesses. Bringing customersthe benefits of an integrated global consulting services and process technologyenterprise, it applies DuPont's real-world experience, history of innovation,problem-solving success, and strong brands to help organizations transform theirworkplaces and work cultures to become safer, more efficient and moreenvironmentally sustainable. Additional information is available at:www.sustainablesolutions.dupont.com. DuPont (NYSE: DD) has been bringing world-class science and engineering to theglobal marketplace in the form of innovative products, materials, and servicessince 1802. The company believes that by collaborating with customers,governments, NGOs, and thought leaders, we can help find solutions to suchglobal 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 inclusiveinnovation, please visit:www.dupont.com SOURCE DuPontKate Bailey, 302-892-1211, kate.bailey@dupont.com
DuPont and OCP Announce a Joint Venture on Safety and Sustainability DD.N
DuPont and OCP 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.
May 8, 2013