OCI (456040) will participate as an anchor company in a specialized cluster for semiconductor chemical materials covering Gunsan, Iksan and Wanju in Jeonbuk State.
OCI said on the 29th that the Ministry of Trade, Industry and Energy had designated Gunsan, Iksan and Wanju as a specialized cluster for materials, parts and equipment in the semiconductor chemical materials sector at the 18th Committee on Materials, Parts and Equipment Competitiveness. The cluster will receive about 45 billion won in government support and about 830 billion won in private investment over five years to stabilize the domestic semiconductor materials supply chain and strengthen competitiveness.
OCI will take part as the anchor company in the Gunsan area, focusing on upgrading technology and expanding production capacity in ultra-high-purity semiconductor materials. At its Gunsan plant, OCI produces polysilicon, a raw material for semiconductor wafers, and phosphoric acid, used in wafer etching. The plant has an annual capacity of 4,700 tons of semiconductor-grade polysilicon and 25,000 tons of phosphoric acid. Amid rising semiconductor demand, the company is expanding phosphoric acid capacity to 30,000 tons a year.
In Iksan, OCI also produces hydrogen peroxide, used in semiconductor cleaning and etching processes. "We are strengthening the production and quality competitiveness of our existing semiconductor materials business while developing new semiconductor materials such as specialty etchants," an OCI official said. "In particular, through a wafer reclaim business for semiconductor packaging, we will expand our portfolio beyond semiconductor materials into packaging and secure new growth drivers."
Lee Soo-mi, president of OCI, said: "With the designation of the Gunsan, Iksan and Wanju region as a specialized cluster for semiconductor chemical materials, we will actively contribute to stabilizing the domestic semiconductor materials supply chain as a regional anchor company." Lee added, "Through selection and focus, we will actively grow the semiconductor materials business and accelerate our transformation into an advanced materials company."
