[SMM PV News] 'IFC' Loans $125M for Polysilicon Plant in Malaysia

Published: Mar 31, 2026 09:34
The International Finance Corporation ('IFC') is providing a loan of up to $125 million to 'OCI TerraSus Sdn. Bhd.' for a semiconductor-grade polysilicon manufacturing facility in Malaysia. The plant, a joint venture between Korea's 'OCI' and Japan's 'Tokuyama Corporation', is located in Sarawak and has a planned capacity of 10,000 MT with a total investment of $435 million. Powered by renewable energy, it is billed as Southeast Asia's first such facility, producing high-purity materials for silicon wafers and semiconductor chips amid surging 'AI' demand. This follows a $250 million 'IFC' loan granted last August for a 100,000 MT polysilicon plant in Oman.

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