Trina Solar Set to Receive $700 Million in Polysilicon from OCI

Quick Summary:

OCI Holdings explained that with its stable supply capability of low-carbon polysilicon for solar energy, based on Malaysia's eco-friendly hydroelectric power generation, and excellent product competitiveness, OCIM has secured a strong position in the global market.

South Korea's OCI Holdings Co.announced on Monday that its Malaysian subsidiary OCIM Sdn Bhd signed a long term supply agreement for solar-grade polysilicon with the global solar energy specialist Trina Solar Co.

Since the third quarter of last year, OCI Holdings has been strategically focusing on securing contracts, starting equipment investments for process stabilization and quality improvement, and negotiating prices and contracts with global top-tier clients based on non-Chinese polysilicon prices.

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Category: Economy

Markets: South KoreaMalaysiaVietnam

Topics: Global Korea Energy Holdings Solar Polysilicon Announced Solar-grade Ocim Supply Trina

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-03-25 @ 17:54:10 (1 months ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 202 words

Reading Time: 2 minutes read

Sentences: 13 lines

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Copyright Owner: © Korea Economic Daily

News ID: 20511638

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