OCI has unveiled plans to invest US$617.9 million to expand production at its Malaysian manufacturing facility from 35,000 to 56,600 tonnes.
OCIM Sdn Bhd (OCIMSB), the Malaysian unit of South Korean polysilicon maker OCI, will increase the annual production capacity of its polysilicon plant in the Samalaju Industrial Park in Sarawak, Malaysia, by 21,600 tonnes (MT).
“OCI Holdings has agreed to invest KRW850 billion ($617.9 million) in Malaysia by 2027 to boost the local company’s production capacity. OCIM from 35,000 tons to 56,600 tons per year,” a company spokesperson said pv magazine.
The group increased the plant’s capacity from 10,000 tons to 27,000 tons between 2018 and 2019, and from 27,000 tons to 35,000 tons between 2021 and 2022.
With the new capacity expansions, the group’s total annual polysilicon production – including the 3,000-ton plant in Gunsan, South Korea – will reach 59,600 tons.
In addition, OCI announced in June that it plans to build a 10,000-ton polysilicon plant at an unspecified location in Malaysia in partnership with Japanese chemical company Tokuyama Corporation.
“In the light of expansion in the semiconductor market And next prediction increase in ask for polycrystalline silicon, Tokuyama wants to explore possible collaboration with OCI to create a production and supply facilities for semiconductor grade polycrystalline silicon using clean energy, and promote accelerated business expansion in electronics while controlling the rise in CO2 emissions2 emissions,” Tokuyama said in a statement released at the time, without providing further details.
This content is copyrighted and may not be reused. If you would like to collaborate with us and reuse some of our content, please contact: editors@pv-magazine.com.
