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Chemical Week Magazine :: Business & Finance :: Asia/Pacific
OCI to Invest $1.6 Billion to Expand Polysilicon Capacity in Korea
6:44 PM MST | December 16, 2010 | â€”DEEPTI RAMESH
OCI (Seoul), formerly DC Chemical, says it will invest $1.4 billion to build a fourth polysilicon plant with a production capacity of 20,000 m.t./year at the companyâ€™s site at Gunsan, Korea. Construction of the plant will begin this month and is expected to be completed by October 2012. OCI will also invest about $245 million to increase the capacity of the existing third polysilicon plant by 7,000 m.t./year through debottlenecking. This project will also begin this month and is scheduled to be completed by December 2011. OCI announced in August that it has...
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