IFC loans $125 million for Malaysian polysilicon factory

Financing Industrial announced Sarawak, Malaysia Mar 30, 2026

USD125M

Deal Value

10000 MT

Capacity

development

Stage

OCI TerraSus polysilicon factory

Project

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.

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Counterparts (4)

Lender

International Finance Corporation (IFC)

company · 1 deals

The International Finance Corporation (IFC) is the largest global development institution focused on the private sector in developing countries. It encourages growth, advances economic development, creates jobs, and improves the lives of people by investing in impactful projects, mobilizing other investors, and sharing expertise.

borrower

OCI TerraSus Sdn. Bhd.

company

OCI TerraSus Sdn. Bhd. is a Malaysian company focused on developing and investing in renewable energy projects, particularly solar power, across Southeast Asia. The company aims to contribute to sustainable energy solutions and the energy transition in the region.

parent_company

OCI

company

OCI is a South Korean company with a diversified business portfolio including basic chemicals, petrochemicals, carbon materials, and energy solutions. They are involved in the development and operation of solar power plants.

Partner

Tokuyama Corporation

company

Tokuyama Corporation is a Japanese chemical company with a diverse portfolio including cement, chemicals, electronic materials, and life & amenity products. It operates globally with a focus on manufacturing and supplying essential materials.

Deal 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.

$125 million loan from the International Finance Corporation (IFC)
10,000 MT production capacity
Total investment of $435 million
Location in Sarawak, Malaysia
Announced on 2026-03-30

Source Intelligence

KEY DETAILS

This facility is a joint venture between OCI, a Korean polysilicon producer, and Tokuyama Corporation, a Japanese chemical company. The project aims to be the first of its kind in Southeast Asia, producing high-purity materials for semiconductors and powered by renewable energy. Construction of the facility began last July.

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Deal Size

The International Finance Corporation (IFC) is loaning up to $125 million for a semiconductor-grade polysilicon manufacturing facility in Malaysia .

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Capacity

Previous reports place the facility's planned capacity at 10,000 MT

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Location

Construction of the facility, located within the Samalaju Industrial Park in Sarawak, Borneo, began last July .

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Financials

The total investment for the facility is expected to reach $435 million

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Announcement

March 30, 2026

PARTIES MENTIONED IN SOURCE

International Finance Corporation lender

"The International Finance Corporation (IFC) is loaning up to $125 million for a semiconductor-grade polysilicon manufacturing facility in Malaysia ."

OCI TerraSus Sdn. Bhd. borrower

"The loan is granted to OCI TerraSus Sdn. Bhd., a subsidiary of Korean polysilicon producer OCI , for its polysilicon facility under development through a joint venture with Japanese chemical company Tokuyama Corporation."

OCI developer

Tokuyama Corporation developer

high quality Enriched Mar 30, 2026

Timeline

Announced

Mar 30, 2026

Signed

Closed

Get the full picture — timeline, source intelligence, and counterpart analysis.

Source

IFC loans $125 million for polysilicon factory in Malaysia – pv magazine International

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IFC loans $125 million for Malaysian polysilicon factory

Counterparts (4)

Deal Analysis

Source Intelligence

Timeline

Source

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