# Kumho P&B Chemicals and OCI form joint venture for bio-ECH production in Malaysia

Kumho P&B Chemicals and OCI have signed a 50:50 joint venture agreement to invest 200 billion won in a bio-ECH production facility in Samalaju Industrial Park, Sarawak, Malaysia, with 100,000 tons annual capacity by 2024.

- Type: Acquisition
- Announced: 2021-12-01
- Where: Samalaju Industrial Park, Sarawak, Malaysia
- Value: $169.0M (200.0B KRW)
- Status: announced
- Capacity: 100,000 tons per year of ECH
- Products: bio-epichlorohydrin (ECH)
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Kumho P&B Chemicals](https://endata.com/companies/4080.md) (partner)
- [OCI Co.](https://endata.com/companies/29854.md) (partner)

## Sources

- [fnnews.com](https://www.fnnews.com/news/202112011656227067), 2021-12-01: "ESG경영의 중요도가 점차 높아지고 있는 상황에서 친환경 바이오 글리세린을 원료로 하는 ECH 사업 투자로 금호피앤비화학은 에폭시 분야 경쟁력이 한층 강화될 것으로 믿는다"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.