SCE Group,

A century of innovation and transformation

1

1923

The birth of an industrial player

It all began in 1923, when Kuhlmann Enterprises founded the “Compagnie des Superphosphates”. This marked the dawn of a new era in the Moroccan chemical industry, laying the foundation stone for what would become “SCE Group”.

2

1946

A strategic move

In 1946, the “Compagnie des Superphosphates” was transformed into SCE Group. This major turning point extended the company’s influence to the fertilizer sector, consolidating its position as a leader in the chemical industry.

3

1950

Anchored on the Casablanca stock exchange

1950 marks an important milestone with SCE’s listing on the Casablanca stock exchange, a recognition of its growing economic stature and immense potential.

4

1981

The horizon widens with Lorilleux Maroc

In 1981, SCE joins forces with Coates Lorilleux (Sun Chemical) to create the Lorilleux Maroc JV, broadening its scope to include the inks sector. This collaboration embodies the Group’s spirit of innovation and expansion.

5

1998

A new chapter for fertilizers

The spinning-off of the fertilizer business in 1998, followed by the creation of the Hydro Agri Trade Maroc JV with Norsk Hydro (Yara), marks a key stage in the diversification and specialization of SCE Group.

6

2003

LMBO

A crucial step 2003 saw a Leveraged Management Buy-Out (LMBO), underlining SCE’s ability to reinvent itself and adapt to market changes.

7

2004

Agri Trade Maroc, 100% SCE

In 2004, “Agri Trade Maroc” became a wholly-owned subsidiary of SCE, strengthening its position in the fertilizer sector and its commitment to Moroccan agriculture.

8

2014

A new direction with the public buyout offer

SCE’s public offer of withdrawal in 2014 marks a strategic reorientation, reflecting its desire to focus on its long-term goals and vision for the future.

9

2018

The demerger and birth of three entities

2018 is a particularly significant year, with the demerger of SCE and the creation of SCE Chemicals, SCE Participations, and SCE Immobilier. This strategic division represents a new era for the Group, diversifying its activities and strengthening its presence in various key sectors of the economy.

10

SCE Group today

A history of continued success

Throughout each decade. SCE Group has demonstrated innovation, strategic vision and a commitment to excellence. We continue to embody innovation and make a positive impact on the Moroccan economy. Our story is one of constant transformation, successful adaptation to the challenges of the times, and a relentless quest to push back the frontiers of the industry.