Korea’s OCI Secures $125 Million Investment From IFC of World Bank

Korea’s OCI secures $125 million investment from IFC of World Bank

Chemical manufacturer OCI Holdings said Malaysian subsidiary OCI TerraSus secured a $125 million investment from the International Finance Corp.,

OCI Holdings secures $125 mil. IFC financing for Malaysian chip expansion

OCI Holdings' Malaysian unit, OCI TerraSus, has secured $125 million in financing from the International Finance Corporation (IFC), the private sec...

IFC loans $125 million for polysilicon factory in Malaysia

The International Finance Corporation is providing an A Loan to Malaysian polysilicon producer OCI TerraSus that will partly finance the development of a semiconductor-grade polysilicon production facility in Sarawak, Borneo.The International Finance Corporation (IFC) is loaning up to $125 million for a semiconductor-grade polysilicon manufacturing facility in Malaysia. The loan is granted to OCI TerraSus Sdn. Bhd., a subsidiary of Korean polysi…

IFC backs Southeast Asia’s first semiconductor-grade polysilicon plant in Malaysia with $125M

The World Bank Group’s private-sector arm, the International Finance Corporation (IFC), is partnering with OCI TerraSus Sdn. Bhd., a subsidiary of South Korea’s OCI Holdings, to build Southeast Asia’s first semiconductor-grade polysilicon plant in Malaysia, backed by $125 million in IFC funding. The duo said in a statement on Monday that the partnership aims to advance Malaysia’s participation in the global semiconductor supply chain and create …

Sarawak to build Southeast Asia’s first semiconductor-grade polysilicon plant with US$125 mil World Bank backing

KUALA LUMPUR (March 30): The World Bank Group, through its private sector arm the International Finance Corporation (IFC), will provide a US$125 million (about RM502.7 million) loan to OCI TerraSus Sdn Bhd for the development of a clean energy-powered semiconductor-grade polysilicon manufacturing facility in Bintulu, Sarawak.