OCIM plans to expand polysilicon business in Sarawak - MIDA | Malaysian Investment Development Authority
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OCIM plans to expand polysilicon business in Sarawak

OCIM plans to expand polysilicon business in Sarawak

18 Jan 2023

OCIM Sdn Bhd, a leading company in the green energy and polysilicon manufacturing, plans to increase its investment in Sarawak, focusing on expanding its existing polysilicon manufacturing for the solar value chain, and new investment in polysilicon production for semiconductors..

This would be the first polysilicon for semiconductors to be commercially produced in Southeast Asia, it said.

“It will be a foundation for the front-end industry of semiconductors in Sarawak, which will attract companies of other related businesses such as fine chemicals, facilities, and maintenance.

“Ultimately, Sarawak will be a hub for the semiconductor and precision material industries and thereby secure a stable industrial base,” it said in a statement issued after the company’s courtesy visit to the Office of the Premier of Sarawak here, today.

OCIM said, in order to achieve commercial production in 2026, the company would be implementing its investment strategy now.

The investment is expected to create more than 1,000 job opportunities in Sarawak.

“We had established a research and development centre in Miri in cooperation with Curtin University to attract talent in Sarawak.

“The research institute will supply our business and the local community with top-notch human resources to support Sarawak’s sustainable growth,” it added.

Source: Bernama