# OCI signs 10-year polysilicon supply MoU with Hanwha Solutions worth $1.2B

OCI's Malaysian subsidiary OCIM Sdn. Bhd. signed a memorandum of understanding with Hanwha Solutions to supply solar-grade polysilicon from July 2024 to June 2034, valued at approximately $1.2 billion (1.45 trillion won).

- Type: Contract
- Announced: 2022-04-29
- Where: Malaysia, Malaysia
- Value: $1.20B
- Status: announced
- Products: solar-grade polysilicon
- 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)

## Sources

- [thevaluenews.co.kr](https://www.thevaluenews.co.kr/news/168966), 2022-04-29: "OCI는 한화솔루션에 2024년 7월부터 2034년 6월까지 총 10년 간 1200만 달러(약 1조 4500억원) 규모의 태양광용 폴리실리콘 공급을 위한 양해각서를 체결한다고 29일 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.