OCI to strengthen solar energy biz in Malaysia

OCI Holdings Co. announced on Thursday that it hosted a charity event in Sarawak, Malaysia, aiming to strengthen local ties in the region home to its solar-grade polysilicon production plant.

The event, organized by OCIM Sdn. Bhd., a subsidiary of OCI Holdings, featured a Korean cooking class and a cultural exchange program on January 19 and 20.

The cooking class, led by acclaimed Korean chef Bae Jae-hoon, attracted the spouses of prominent political and business leaders in Sarawak.

Participants learned to make Jangajji (Korean pickles) and Korean-style cucumber Sobagi using local ingredients.

The following day, a cultural exchange charity event saw collaboration between OCI Holdings, the Sarawak Economic Development Corporation (SEDC), and the local social enterprise Green Generation.

The charity event raised 300 million won ($224,534), which will support local projects for the disabled and youth in Malaysia.

OCI Holdings expressed its commitment to working with Malaysian educational institutions for the disabled to enhance their educational programs.

Sarawak serves as a critical location for OCI Holdings, being a production center for solar-grade polysilicon, a core product of the company. OCIM currently produces 35,000 tons of this material annually.

Additionally, OCI-Kumho, a joint venture between OCIM and Kumho P&B Chemicals, is set to start producing 100,000 tons of epichlorohydrin (ECH) annually, a key component for epoxy in electric vehicles and wind turbine blades, from next year.

Write to Hyung-Kyu Kim at khk@hankyung.com