Korea Joongang Daily
Korea JoongAng Daily

OCI-Hanmi Pharm merger killed with board vote ending family feud

The deal to merge the solar company with the pharmaceutical firm was halted when two sons of Hanmi Pharm's founder and their allies won a majority of board seats.

2024-03-28

OCI Holdings clinches $7 billion solar panel material deal with Trina Solar

The Malaysian subsidiary of OCI Holdings inked a deal with Trina Solar's Singaporean entity for polysilicon material supply through 2030.

2024-03-25

Festering family feud behind the surprise OCI-Hanmi Pharm merger

The merger announcement between OCI Holdings, a solar company, and Hanmi Pharmaceutical Group (Hanmi Pharm), one of Korea's major pharmaceutical companies, surprised many, including the eldest son of the controlling family behind Hanmi.

2024-01-16

OCI inks $1 billion deal with U.S. solar company

OCI Holdings has secured a $1 billion supply contract to provide solar-grade polysilicon to U.S. solar panel manufacturer CubicPV, boosting its position as one of the few non-Chinese suppliers on the market. The contract runs from 2025 to 2033.

2023-12-19