# OCI to supply $1.2B polysilicon to Hanwha Solutions over 10 years

OCI's Malaysian subsidiary OCIMSB signed a memorandum of understanding to supply polysilicon worth $1.2 billion (approx. KRW 1.45 trillion) to Hanwha Solutions from July 2024 to June 2034.

- Type: Contract
- Announced: 2022-04-29
- Where: Malaysia
- Value: $1.20B
- Status: announced
- Products: polysilicon for solar panels
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.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) (partner)

## Sources

- [biz.heraldcorp.com](https://biz.heraldcorp.com/article/2854446), 2022-04-29: "OCI가 한화솔루션에 1조4500억원 규모 폴리실리콘을 10년간 공급하며 양사의 끈끈한 태양광 협업이 본격 시작됐다."

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