World Bank Group's IFC and OCI TerraSus Partner on Southeast Asia's First Semiconductor-Grade Polysilicon Manufacturing Facility in Malaysia
Malaysia, March 30 -- To advance Malaysia's participation in the global semiconductor supply chain and create jobs in the country, the World Bank Group, through its private-sector arm the International Finance Corporation ("IFC"), is partnering with OCI TerraSus Sdn. Bhd. ("OCI TRS"), a subsidiary of Korea's OCI Holdings Company Ltd. in Malaysia, to drive enhancements in the company's environmental, social, and governance (ESG) standards and management systems. Central to this collaboration is the development of a clean energy-powered manufacturing facility for ultra-high purity semiconductor-grade polysilicon in Bintulu, Sarawak, through a joint venture with Japan's Tokuyama Corporation.IFC will provide OCI TRS with an A Loan of up to $125...
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