Tokuyama Corporation Forms Joint Venture with OCI TerraSus for Semiconductor Materials Production in Malaysia
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Tokuyama Corporation has formed a joint venture with OCI TerraSus, named OCI Tokuyama Semiconductor Materials Sdn. Bhd. (OTSM), to produce semiconductor-grade polycrystalline silicon in Malaysia. Launched on July 8, 2025, both companies hold equal ownership stakes of 50%. The venture aims to meet the rising semiconductor demand using clean energy, contributing to market expansion while reducing greenhouse gas emissions. A groundbreaking ceremony is scheduled for July 16, with attendance from Sarawak state government representatives.
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