South Korea-based OCI to invest in Sarawak


KUCHING: South Korea-based OCI Co Ltd is set to invest in an electronic-grade polysilicon (EG Poly-Si) semi-finished product plant project in Sarawak via a joint-venture (JV) with Japan’s Tokuyama Corp.

The JV is expected to be established in the first half of 2024 (1H24) and the new 11,000-tonne plant is scheduled to be completed and commence production in 1H26, said OCI in an investors’ relation report on new investments and business updates when releasing its second quarter ended June 30, 2023 (2Q23) financial results.

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