OCI revealed plans to invest $617.9 million to expand production at its Malaysian manufacturing facility from 35,000 to 56,600 metric tons.
OCIM Sdn Bhd (OCIMSB), the Malaysian unit of South Korean polysilicon producer OCI, will increase the annual production capacity of its polysilicon factory in Samalaju Industrial Park in Sarawak, Malaysia, by 21,600 metric tons (MT).
“OCI Holdings has agreed to invest KRW850 billion ($617.9 million) in Malaysia by 2027 to increase the local company’s production capacity OCIM from 35,000 tons to 56,600 tons per year,” said a spokesperson from the company. pv magazine.
The group increased the plant’s capacity from 10,000 MT to 27,000 MT between 2018 and 2019, and from 27,000 MT to 35,000 MT between 2021 and 2022.
With the new capacity additions, the group’s total annual polysilicon output – including the 3,000-MT factory in Gunsan, South Korea – will reach 59,600 MT.
In addition, OCI announced in June that it plans to build a 10,000 MT polysilicon factory at an unspecified location in Malaysia with Japanese chemical company Tokuyama Corporation.
“In light of EXPANDED on THE semiconductor market and CHRONOLOGY prophecy increasing on NEED with polycrystalline silicon, Tokuyama is looking to explore possible collaboration with OCI to build a production and supply facilities for semiconductor-grade polycrystalline silicon using clean energy, and promotes rapid business expansion in the electronics field while controlling CO increases2 emissions,” Tokuyama said in a statement released at the time, without giving further details.
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