OCI Holdings buys 65% stake in solar wafer plant being built in Vietnam

OCI Holdings buys 65% stake in solar wafer plant being built in Vietnam

South Korean chemical giant OCI Holdings said it will enter the solar wafer business to target the U.S. market by acquiring a facility being built in Vietnam.

OCI Holdings eyeing US market with 65% stake in 2.7GW Vietnamese solar wafer plant

Korean chemical production firm OCI Holdings has acquired a 65% stake in a Vietnamese solar wafer production plant, intending to export solar wafers to the US.

OCI Holdings acquires 65% stake in 2.7 GW Vietnamese solar wafer factory

South Korea’s OCI Holdings is entering the solar wafer business with a majority stake in a wafer plant in Vietnam valued at $120 million. The facility will produce solar wafers for the U.S. market.South Korean polysilicon producer OCI Holdings is expanding into the solar wafer market by securing a majority stake in a wafer plant in Vietnam. The company, via its wholly-owned subsidiary OCI TerraSus, has established special-purpose vehicle OCI ONE…