# OCI signs polysilicon supply MOU with Hanwha Solutions

OCI's Malaysian subsidiary OCIMSB signed a memorandum of understanding with Hanwha Solutions to supply polysilicon for 10 years from July 2024 to June 2034, valued at $1.2 billion (approx. KRW 1.5 trillion).

- Type: Contract
- Announced: 2022-04-28
- Where: Malaysia
- Value: $1.20B
- Status: announced
- Products: polysilicon for solar panels
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Hanwha Solutions](https://endata.com/companies/7811.md) (customer)
- [OCI Co.](https://endata.com/companies/29854.md) (supplier)
- [OCIMSB](https://endata.com/companies/62581.md) (supplier)

## Sources

- [joongang.co.kr](https://www.joongang.co.kr/article/25067226), 2022-04-28: "OCIMSB는 말레이시아의 친환경 수력발전 전력을 이용해 현지에서 연간 3만t(톤) 규모의 저탄소 태양광용 폴리실리콘을 생산 중이다."
- [mk.co.kr](https://www.mk.co.kr/news/business/10304498), 2022-04-28: "28일 OCI는 말레이시아 자회사 'OCIMSB'가 한화솔루션에 2024년 7월부터 2034년 6월까지 10년간 태양광 핵심 소재인 폴리실리콘을 공급하는 내용의 양해각서(MOU)를 체결했다고 밝혔다."

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