IFC loans $125 million for Malaysian polysilicon factory

Type: Financing · Technology: Industrial · Country: Malaysia · Capacity: 10000 MT · Value: $125M · Announced: 2026-03-30

The International Finance Corporation (IFC) is providing a $125 million loan to OCI TerraSus Sdn. Bhd. to finance the development of a semiconductor-grade polysilicon production facility in Sarawak, Malaysia. This facility is a joint venture between OCI, a Korean polysilicon producer, and Tokuyama Corporation, a Japanese chemical company. The project, located in the Samalaju Industrial Park, aims to be the first of its kind in Southeast Asia, producing high-purity materials for semiconductors and powered by renewable energy. The total investment for the facility is expected to reach $435 million, with a planned capacity of 10,000 MT.

Analysis

The International Finance Corporation (IFC) is providing a $125 million loan to OCI TerraSus Sdn. Bhd. to finance the development of a 10,000 MT semiconductor-grade polysilicon production facility in Sarawak, Malaysia. OCI, the parent company of OCI TerraSus Sdn. Bhd., is a South Korean company with a diversified business portfolio including basic chemicals, petrochemicals, carbon materials, and energy solutions. The project is a joint venture between OCI and Tokuyama Corporation, a Japanese chemical company, and is expected to reach a total investment of $435 million. The facility, located in the Samalaju Industrial Park, aims to be the first of its kind in Southeast Asia, and the loan was announced on 2026-03-30.

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