OCI NOW

Stock price information

KRX 2025.10.03
56,700
2,3004.23%

Main report

Vision

OCI envisions growing as a leading global core materials company and creating value for society by opening new frontiers in basic chemicals, semiconductors and Li-ion batteries.

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Products

Products

OCI adds value to the world by supplying raw materials and solutions to key industries such as basic chemicals, semiconductors, and Li-ion batteries.

Semiconductors Materials
OCI is leading chemical industry by producing various products that are core
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  • #Polysilicon
  • #Phosphoric Acid
  • #Hydrogen peroxide
  • #HCDS
  • #Fumed silica
Li-ion battery Materials
OCI is contributing to technological self-reliance in the domestic Li-ion battery industry by producing materials for Li-ion batteries, which are essential for the future of mobility.
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  • #Caustic Soda
  • #High softening point pitch (HSPP)
Carbon Materials
OCI is producing products that promote a virtuous cycle of resources by recycling byproducts of the steel making process.
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  • #Carbon Black
  • #Pitch
  • #BTX
  • #Phthalic Anhydride
Other Materials
It produces core materials that are widely used in life and adds value to everyday life.
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  • #TDI

Products

Products

OCI adds value to the world by supplying raw materials and solutions to key industries such as basic chemicals, semiconductors, and Li-ion batteries.

Semiconductors Materials
OCI is leading chemical industry by producing various products that are core
Read more
  • #Polysilicon
  • #Phosphoric Acid
  • #Hydrogen peroxide
  • #HCDS
  • #Fumed silica
Li-ion battery Materials
OCI is contributing to technological self-reliance in the domestic Li-ion battery industry by producing materials for Li-ion batteries, which are essential for the future of mobility.
Read more
  • #Caustic Soda
  • #SiH4
  • #High softening point pitch (HSPP)
Carbon Materials
OCI is producing products that promote a virtuous cycle of resources by recycling byproducts of the steel making process.
Read more
  • #Carbon Black
  • #Pitch
  • #BTX
  • #Phthalic Anhydride
Other Materials
It produces core materials that are widely used in life and adds value to everyday life.
Read more
  • #TDI
Semiconductors Materials
OCI is leading chemical industry by producing various products that are core
Read more
  • #Polysilicon
  • #Phosphoric Acid
  • #Hydrogen peroxide
  • #HCDS
  • #Fumed silica
Li-ion battery Materials
OCI is contributing to technological self-reliance in the domestic Li-ion battery industry by producing materials for Li-ion batteries, which are essential for the future of mobility.
Read more
  • #Caustic Soda
  • #SiH4
  • #High softening point pitch (HSPP)
Carbon Materials
OCI is producing products that promote a virtuous cycle of resources by recycling byproducts of the steel making process.
Read more
  • #Carbon Black
  • #Pitch
  • #BTX
  • #Phthalic Anhydride
Other Materials
It produces core materials that are widely used in life and adds value to everyday life.
Read more
  • #TDI

Sustainable
Management

  • Environment
  • Society
  • Governance

By establishing an eco-friendly management system OCI responds to climate change and leads a sustainable future.

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Investment
Information

Shares reliable and transparent financial information.

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Stock price information
56,700
2,3004.23%
  • Open (KRW)56,700
  • Day high (KRW)58,000
  • Day low (KRW)55,000
  • Volume (share)65,559
Financial information
  • Sales
  • Operating income
  • Net income
2021-2022 is based on pre-spin-off separate financial statements of OCI
2023 is based on post-spin-off financial statements of OCI; January to April
reflects adjusted but not audited results, provided for investor’s comparison
2024 is based on consolidated financial statements of OCI Company; Reflect 5 subsidiaries that were incorporated from Fe
Unitbillion KRW
IR Event
IR Reports
  • Merger of OCI and P&O Chemical
  • IR Fact Book (August 2025)

OCI News

OCI contributes to opening a new world and grows together. Find the latest news.

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OCI Earns EcoVadis Gold Rating for Second Consecutive Year
OCI Earns EcoVadis Gold Rating for Second Consecutive Year - Achieves top 5% ‘Gold rating’ from EcoVadis ESG assessment for two years in a row, with improved scores across categories- Used as a key indicator for supply chain management and partner selection, expected to strengthen stakeholder trust- Advancing systematic ESG initiatives through the Board-level ESG Committee and a dedicated task force- Recognized for sustainability management capabilities in domestic and global ESG assessments, including Sustinvest A rating and Inclusion in the Dow Jones Sustainability Indices(DJSI)OCI announced its receipt of a Gold rating from EcoVadis, a leading global ESG assessment agency, for the second consecutive year, placing the company in the top 5% of evaluated businesses.EcoVadis is one of the world’s most reputable ESG rating agencies, assessing over 150,000 companies across 180 countries. The assessment covers four pillars: Environment, Labor and Human Rights, Ethics and Sustainable Procurement. Companies are awarded Platinum (top 1%), Gold (top 5%), Silver (top 15%), or Bronze (top 35%) ratings based on their performance. The EcoVadis ESG assessment is recognized as a global benchmark for evaluating ESG performance through a comprehensive review of key sustainability risks. It also serves as an essential metric for supply chain management and supplier selection.In this year’s assessment, OCI improved its performance across all categories. Notably, the company received high scores in Labor & Human Rights thanks to robust policy implementation, while its strengthened sustainable procurement practices led to significant improvement in that category as well. These results further validate OCI’s competitiveness in ESG and strengthen trust among customers, investors, and other stakeholders.OCI has developed and implemented systematic ESG management strategies through its board-level ESG Committee. The company also operates an ESG Task Force to enhance communication between departments and create synergies, accelerating its sustainability management efforts.Specifically in the environmental sector, OCI continues its efforts by setting a carbon neutrality goal for 2050 in response to climate change, expanding the range of products that use eco-friendly raw materials, and increasing the number of products undergoing Life Cycle Assessment (LCA), which quantitatively evaluates environmental impact from raw material extraction to final disposal.In the Labor & Human Rights category, OCI is fostering stronger labor-management relations by expanding communication channels. The company has also strengthened its human rights risk management system by establishing human rights policies and management regulations that meet global standards set by the International Labour Organization (ILO) and the United Nations.In the area of ethics, OCI has obtained ISO 27001 certification for information security management, implementing risk prevention and improvement activities through ISO 37001 (Anti-Bribery Management Systems) and ISO 37301 (Compliance Management Systems) certifications. For sustainable procurement, the company conducts supply chain ESG risk assessments and offers ESG training and consulting services to its suppliers.Additionally, OCI received an A rating in the ESG evaluation for the first half of 2025 conducted by Sustinvest, a major domestic ESG rating agency. Since the company’s spin-off, OCI has continued to be included in the Dow Jones Sustainability Indices (DJSI), demonstrating its recognized excellence in sustainable management by both domestic and international ESG evaluators.Yoo-Shin Kim, Vice Chairman of OCI, stated, “This achievement reflects international recognition of OCI’s ESG initiatives, including environmental protection, respect for human rights, and compliance management. To achieve carbon neutrality by 2050, OCI will actively respond to climate change by reducing greenhouse gas emissions, developing eco-friendly products, and expanding the use of sustainable raw materials, positioning itself as a trusted partner in the global market.”Meanwhile, OCI Holdings, the company’s parent entity, is also advancing its ESG practices and receiving strong evaluations from both domestic and global rating agencies. In December 2024, OCI Holdings was included in the DJSI Korea for the 16th consecutive year. In March 2025, it received an A rating from MSCI’s ESG assessment, followed by an AA rating from Sustinvest in July 2025, its highest grade to date. (End) 
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OCI Holds Second Half 2025 Safety Meeting with Partner Companies
OCI Holds Second Half 2025 Safety Meeting with Partner CompaniesOCI convenes a CEO-led Safety Meeting with partner companies on the 10th to strengthen serious accident prevention and mutual cooperationDiscusses prevention measures for serious accidents and practical implementation of executive safety leadership through Safety Capacity-Building Workshop with partnersOCI operates support programs to help partners establish occupational safety and health management systems, with plans to expand coverageVice Chairman Yoo-shin Kim: “OCI will make every effort to build safe workplaces and prevent serious accidents through close communication with partners”OCI announced that it held the “2025 Second Half Partner Company Safety Meeting” on the 10th at its Gunsan plant to enhance cooperation and and strengthen efforts to prevent serious industrial accidentsIn line with its commitment to eradicating serious accidents, OCI organized the CEO-led meeting to explore preventive measures in collaboration with partner company representatives. The company has been hosting CEO-led safety meetings with partners biannually, and this session was further reinforced with a “Safety Capacity-Building Workshop” focused on serious accident prevention.The event was attended by OCI Vice Chairman and CEO Yoo-shin Kim, Chief Safety & Environment Officer (CSEO) Seung-yong Jeong, executives and employees of the OCI Group, and representatives from more than 110 partner companies. The program included:Safety Capacity-Building Workshop for Major Accident PreventionUpdates on support for establishing partners’ occupational safety and health management systemsCEO’s Safety MessageDuring the workshop, participants examined new approaches to managing high-risk factors and explored collaborative safety measures for key hazardous tasks at worksites. In particular, in-depth discussions were held on practical and actionable executive leadership practices required of both OCI and partner company management to ensure effective and timely prevention of major accidents.In addition, the meeting provided updates on OCI’s ongoing support for partner companies in establishing occupational safety and health management systems. Since the first half of this year, OCI has been implementing tailored programs to assist partners in meeting the requirements of the Serious Accidents Punishment Act. The company will conduct final inspections by September and provide supplementary training to address any deficiencies identified. Moving forward, OCI plans to gradually expand the scope of this initiative to support more partners in building comprehensive safety and health management systems, thereby reinforcing mutual cooperation and sustainable growth.Through this meeting, OCI aims to incorporate on-site feedback and concerns from its partners into practical safety measures and continue to explore ways to enhance partner companies’ safety capabilities.OCI is also pursuing a variety of initiatives to establish a culture of safety and shared growth with its partners. These include monthly partner meetings at each business site to share updates on OCI’s safety and health activities, listen directly to partners’ opinions, and address concerns. Additionally, the company runs a “Safety Leadership Enhancement Project” to strengthen the coaching and leadership skills of site managers, helping to foster safer workplaces.Vice Chairman Yoo-shin Kim stated, “At OCI, safety is our top priority in all management activities. We are fully committed to preventing serious accidents through close communication with our partners. We hope that this meeting will raise awareness of industrial safety among all participants and contribute to building safer workplaces by strengthening our collective safety capacity.”
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OCI Expands Semiconductor-Grade Phosphoric Acid Capacity in Second Half to Meet Growing Orders, Strengthening Its Position as a Leading Advanced Materials Company
OCI Expands Semiconductor-Grade Phosphoric Acid Capacity in Second Half to Meet Growing Orders, Strengthening Its Position as a Leading Advanced Materials Company- OCI to boost production capacity by 20% through debottlenecking in response to rising orders- The company currently supplies major Korean chipmakers, including Samsung Electronics and SK hynix, and plans phased expansions in line with growing domestic and global demand- Accelerating its growth in advanced materials through the expansion of semiconductor chemicals and next-generation battery materials- Vice Chairman Yoo-Shin Kim stated, “We will drive long-term growth by strengthening our competitiveness in advanced materials for semiconductors and batteries.”OCI, a key materials producer, announced plans to expand its production of semiconductor-grade phosphoric acid in the second half of the year, leveraging process optimization (debottlenecking) to increase capacity by 5,000 metric tons (MT). The expansion will boost the company’s annual capacity from 25,000 MT to 30,000 MT.OCI is the market leader for semiconductor-grade phosphoric acid in Korea and currently supplies all major domestic semiconductor manufacturers—including Samsung Electronics, SK key foundry, and DB HiTek—backed by over 18 years of experience and technical know-how. In 2024, it became the first domestic supplier of phosphoric acid to SK hynix, further solidifying its leadership in the Korean market and reinforcing its position as a key semiconductor materials provider.Phosphoric acid is a critical chemical used in the wafer etching process in semiconductor manufacturing. OCI’s product is a versatile material applicable to DRAM, NAND flash and foundry manufacturing processes, and its demand is expected to grow steadily with the recovery of the global semiconductor market.The company has been expanding its client base steadily, securing both new customers such as SK hynix and increasing volumes to existing clients including DB HiTek. In addition, Samsung Electronics recently announced a KRW 23 trillion foundry supply deal with Tesla, raising expectations for expanded operations at its Taylor, Texas and domestic fabs starting in 2026. OCI had already been selected in 2023 as the phosphoric acid supplier for Samsung’s Taylor plant in Texas, and it is expected to benefit once the plant begins full-scale operations.The newly announced capacity increase is scheduled for completion in the first half of 2026. The company also plans to pursue further phased expansions depending on customer demand and new business opportunities.OCI also forecasts steady long-term revenue growth from hydrogen peroxide, another core semiconductor material produced by the company. OCI has been manufacturing hydrogen peroxide since 1979 and currently operates with an annual capacity of 125,000 tons. While legacy semiconductor production has slowed recently, downstream inventory depletion and a projected recovery in output at major clients like Samsung Electronics are expected to support gradual sales growth. The company is also focused on expanding its domestic and international customer base.In addition, OCI has completed the mechanical construction of a new facility for producing a specialty material used in next-generation silicon anode for Li-ion battery. The silicon anode significantly improves both the energy efficiency and safety of conventional Li-ion batteries and the OCI’s specialty material is essential to the production of the advanced silicon anodes. OCI has signed a long-term supply agreement with UK-based silicon anode manufacturer Nexeon and aims to begin mass production in 2026.Vice Chairman Yoo-Shin Kim said, “We will continue to grow our semiconductor materials businesses, including phosphoric acid and hydrogen peroxide, through proactive customer expansion. At the same time, we aim to scale new businesses that create synergy with our existing operations. By aligning with rising demand in semiconductors and next-generation batteries, we will strengthen our competitiveness and drive long-term growth in the advanced materials sector.” (End)  
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OCI Enters High-Value Semiconductor Material Business with Pitch for Isotropic Artificial Graphite
OCI Enters High-Value Semiconductor Material Business with Pitch for Isotropic Artificial Graphite- OCI begins initial supply of pitch for isotropic artificial graphite, a key semiconductor material, to Ibiden Graphite Korea- Strengthening market leadership and contributes to localization of pitch as the one of the world’s largest liquid pitch producers- Plans to expand high-value artificial graphite pitch business by actively broadening customer base- OCI aims to maximize profitability and secure long-term growth momentum by expanding semiconductor and advanced materials businessesOCI is accelerating its expansion into the pitch market—used as a raw material for isotropic artificial graphite in semiconductor applications—as it broadens its portfolio of high-value-added semiconductor materials.On July 15th, OCI announced that it has commenced the first delivery of pitch for isotropic artificial graphite to Ibiden Graphite Korea Co., Ltd., the only manufacturer of isotropic artificial graphite in Korea. This material is essential in semiconductor and advanced material industries.Isotropic artificial graphite is a high-purity, heat-resistant material with excellent electrical conductivity and structural stability at high temperatures. It is widely used in industrial molds for melting and casting key materials. In specific, it is often used in the semiconductor industry, it serves as a crucible for melting polysilicon into ingots during wafer manufacturing, as well as a component for heating wafers during deposition processes. Additionally, it is a essential material in advanced defense applications such as missiles and fighter jets, and in nuclear power industry for use in neutron moderators.As one of the world’s largest liquid pitch producers, OCI manufactures approximately 520,000 metric tons of liquid pitch annually in Korea and China and holds exclusive domestic production technology. While OCI’s pitch has traditionally been used as a binder in aluminum smelting electrodes, its applications are expanding as a raw material for isotropic artificial graphite — a material gaining prominence in semiconductors and other high-tech industries. Until now, pitch used in isotropic artificial graphite has been fully dependent on imports. OCI's domestic production and supply marks a significant step in localizing this strategic material. By supplying Ibiden Graphite Korea, OCI aims to further solidify its leadership in the high-value pitch market.The global market for isotropic artificial graphite is valued at approximately $3 billion (approximately KRW 4.2 trillion) and is expected to grow steadily alongside the recovery of the semiconductor industry and the expansion of the defense sector. This will likely drive continued demand for isotropic artificial graphite pitch. OCI plans to increase its pitch production through process optimization of existing facilities without additional investment, and to proactively expand its customer base in response to growing market needs.Despite a challenging business environment, OCI is focusing on strengthening its competitiveness in high-value materials, especially in semiconductors and secondary batteries, to drive mid- to long-term growth. In the second half of 2024, OCI will begin its first-ever domestic supply of semiconductor-grade phosphoric acid to SK Hynix and plans to gradually expand capacity in line with growing demand. With the February 2025 acquisition of P&O Chemical shares and ongoing customer engagement efforts, OCI also expects to expand its semiconductor-grade hydrogen peroxide business.Furthermore, the company is actively entering new high-value material businesses, including specialty materials for silicon anodes and expansion of conductive carbon black used in high-voltage cables.OCI Vice Chairman Yoo-Shin Kim stated, "Starting with this supply to Ibiden, we will continue to expand our pitch business for semiconductor applications and diversify into other high-tech fields such as defense and small modular reactors (SMRs). We aim to increase the share of high-value added materials in our portfolio to maximize profitability and secure long-term growth momentum." 
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OCI Expands Supply of Semiconductor Phosphoric Acid to Domestic Manufacturers, including DB HiTek’s Bucheon Plant
OCI Expands Supply of Semiconductor Phosphoric Acid to Domestic Manufacturers, including DB HiTek’s Bucheon Plant- OCI started suppling semiconductor phosphoric acid to DB Hi Tek’s plant in Bucheon this month. - Expanding supply to the plant in Bucheon, in addition to the Sangwoo plant, demonstrates that OCI’s product quality and stable supply are recognized by customers. - This expansion further proves OCI’s excellent product quality following its selection as a supplier to SK Hynix in August.OCI started supplying semiconductor phosphoric acid to DB HiTek, a domestic chip foundry specialist, this month. This expanded supply to DB HiTek further demonstrates OCI's competitive quality in semiconductor phosphoric acid following its designation as the first domestic manufacturer to supply semiconductor phosphoric acid to SK Hynix in August.Since OCI began producing semiconductor phosphoric acid in 2007, its Gunsan plant produced 25,000 tons annually, and is supplying domestic chip makers such as Samsung Electronics, SK Hynix, and SK keyfoundry. The semiconductor phosphoric acid produced by OCI is essential for wafer etching in the semiconductor fabrication process, and plays a crucial role in precisely removing unnecessary parts of wafers to create circuits.DB HiTek, a Korean foundry company that specializes in 8-inch semiconductors, operates two plants, one in Bucheon (FAB1) and another in Sangwoo (FAB2). DB HiTek increased its production capacity in the first half of this year, and the Bucheon plant now produces 91,000 wafers per month, while the Sangwoo plant makes 63,000 wafers per month.OCI has consistently worked to increase its supply to DB HiTek’s plant in Bucheon since it began providing semiconductor phosphoric acid to the Sangwoo plant in 2021. It is generally more challenging to supply products to a production line where other products are already in use than to supply them to a new plant, which makes this supply expansion particularly significant.OCI has dedicated manpower exclusively for DB HiTek to supply products that meet DB HiTek’s specifications and production line characteristics. It has actively cooperated in close communication with the customer. OCI has also focused on R&D to improve product quality and production processes, and strives to ensure a stable supply and secure raw materials. As a result of DB HiTek recognizing OCI’s superior product quality and supply stability, OCI’s supply to the plant in Bucheon was achieved. In August, OCI became the first domestic manufacturer to be selected as a semiconductor phosphoric acid supplier to SK Hynix. This month, OCI expanded its supply to DB HiTek’s plant in Bucheon, underscoring the high regard for OCI’s product quality and competitiveness among domestic semiconductor manufacturers. OCI aims to further expand the sale of semiconductor phosphoric acid by flexibly responding to the growing demand of customers and leveraging its superior product competitiveness.OCI President Yoo Shin Kim said, "The success in supplying semiconductor phosphoric acid to DB HiTek’s plant in Bucheon is a significant achievement. In the future, we will further strengthen our competitiveness by maintaining superior production quality and supply stability. Our goal is to secure an exclusive position as a core materials company in the semiconductor sector.” 
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OCI to supply semiconductor phosphoric acid to SK hynix... OCI is strengthening its position as a semiconductor materials company
OCI to supply semiconductor phosphoric acid to SK hynixOCI is strengthening its position as a semiconductor materials company. - OCI became the first domestic semiconductor materials company to supply semiconductor phosphoric acid to SK hynix.- The company holds the largest market share and supplies semiconductor phosphoric acid to all semiconductor manufacturers in Korea including Samsung Electronics and SK hynix.- OCI is strengthening its semiconductor materials business, such as phosphoric acid and hydrogen peroxide for semiconductors, in response to the growing semiconductor market. - OCI President Yoo Shin Kim said, “We will strengthen our position as a competitive semiconductor materials manufacturer.”OCI, a global leading advanced materials company, was selected as the first Korean phosphoric acid manufacturer to supply phosphoric acid to SK hynix Inc. With this order from SK hynix, OCI will further consolidate its position as the largest supplier in the domestic semiconductor phosphoric acid market and strengthen its standing as a leading semiconductor materials manufacturers.OCI received approval from SK hynix to supply semiconductor phosphoric acid after a rigorous qualification process, and held a ceremony to celebrate the shipment of the first products at its Gunsan plant on August 21.The semiconductor phosphoric acid supplied by OCI to SK hynix is one of the crucial materials in semiconductor manufacturing, and is used in the process of etching semiconductor wafers. OCI’s semiconductor phosphoric acid is a basic material used in all semiconductor processes, including DRAM, NAND flash memory and foundry production, and its demand expected to increase steadily in line with HBM’s growth and the recovery of the semiconductor business.Since it entered the semiconductor phosphoric acid business in 2007, OCI has reached an annual production capacity of 25,000 tons and has been stably supplying phosphoric acid to major domestic semiconductor companies such as Samsung Electronics Co., SK keyfoundry Inc., and DB HiTek Co., for 17 years. It maintains the largest market share in the semiconductor phosphoric acid market. By adding SK hynix as a new customer, OCI has become the only company supplying phosphoric acid to all major domestic semiconductor manufacturers in Korea.OCI plans to gradually expand its semiconductor phosphoric acid production capacity along with the growing demand from existing and new customers and contribute to the local production of semiconductor materials and stabilization of their supply chains.The company expects to increase sales of hydrogen peroxide, which is essential for the cleaning processes of semiconductor fabrication.OCI has produced hydrogen peroxide since 1979, with an annual capacity of 75,000 tons and has honed a competitive edge through its long history and technology. Samsung Electronics and SK hynix plan to resume their production line expansions with the recovery of the semiconductor business this year, and demand for electronic-grade hydrogen peroxide is expected to continue to increase accordingly.In addition, OCI supplies semiconductor hydrogen peroxide to Kioxia Corp, a Japanese NAND flash memory manufacturer. Last July, Kioxia completed the construction of a new wafer fabrication plant in Iwate Prefecture with a monthly capacity of 25,000 wafers, raising the prospect of additional orders for OCI.Recently, OCI decided to acquire a stake in P&O Chemical Co., which will increase its annual hydrogen peroxide production capacity by 50,000 tons, allowing it to proactively respond to the demand driven by the expanding production lines of customers.OCI President Yoo Shin Kim said, “It is very encouraging that OCI has become the first domestic manufacturer to supply semiconductor phosphoric acid to SK hynix after passing the qualification process, based on our technology. In the future, OCI will strengthen its position as a semiconductor materials company by expanding production and boosting competitiveness to meet the growing demand for semiconductors.” (End) 
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OCI Receives Gold Medal in 2024 EcoVadis Sustainability Assessment
OCI Receives Gold Medal in 2024 EcoVadis Sustainability Assessment - OCI received the Gold Medal awarded to the top 5% by EcoVadis, a major global ESG assessment agency. - Received high scores in the categories of environment, labor and human rights, with favorable scores in all categories. - OCI set tasks for each category as part of its mid- to long-term ESG roadmap and systematically implemented ESG activities.- Selected by Sustinvest as the best ESG company in the first half of 2024, demonstrating its outstanding ESG management capabilities at home and abroad.OCI announced that it has been awarded a Gold Medal from EcoVadis, a global ESG rating agency, placing it in the top 5% and recognizing its strong ESG management capabilities.EcoVadis, founded in France in 2007, is the world’s largest reliable global sustainability rating agency. EcoVadis evaluates over 130,000 companies across 180 countries in four categories: Environment, Labor and Human Rights, Ethics, and Sustainable Procurement, and awards Platinum (top 1%), Gold (top 5%), Silver (top 15%) and Bronze (top 35%) medals. OCI received Gold Medal, which is awarded to the top 5% of all companies assessed. Compared to the previous year, OCI has improved its scores in overall areas, especially high scores in environment, and labor and human rights. Recently, the number of clients requesting global ESG ratings from their suppliers has increased sharply, and with this EcoVadis rating, OCI is expected to strengthen its business capabilities by pre-emptively responding to such a trend of stricter global ESG regulations.OCI has established a mid- to long-term ESG roadmap to strengthen ESG management and set tasks in each of the environmental, social and governance categories, and systematically implemented ESG activities.In the environmental area, the company has established a greenhouse gas emissions management system aligned with global regulation of carbon emissions. It also set a target to increase its water reuse rate by more than 10% by 2030 compared with 2019, aiming to reinforce the monitoring of water resource usage at its sites. In addition, for producing eco-friendly carbon black using recycled fuel oil from plastic waste, OCI received the International Sustainability & Carbon Certification (ISCC) Plus, an international eco-friendly product certification, in 2023, and plans to increase certifications by using eco-friendly raw materials. In the area of labor and human rights, the company conducted human rights impact assessments at all sites in April of this year, identified human rights risks and incorporated the results into its corporate policies to strengthen human rights management. OCI also recently received the top rating, AA, in an ESG assessment conducted by Sustinvest, a domestic ESG rating agency. OCI was selected by Sustinvest as one of the 100 Best ESG Companies among listed Korean companies on a bi-annual basis, demonstrating its excellent sustainable management capabilities both domestically and internationally. OCI CEO YooShin Kim said, “With the Gold Medal from EcoVadis, we expect to actively meet the demands of our key stakeholders and maintain global market competitiveness. In the future, OCI will fulfill its corporate social responsibility, further strengthen ESG management, and pursue sustainable growth to realize its vision of becoming a global leading advanced materials company.” 
OCI Acquires all of the shares in P&O Chemical, a Joint Venture with POSCO Future M, Accelerating its Expansion into the Semiconductor and Rechargeable Battery Materials Businesses
OCI Acquires all of the shares in P&O Chemical, a Joint Venture with POSCO Future M, Accelerating its Expansion into the Semiconductor and Rechargeable Battery Materials Businesses - OCI decided to acquire all of the shares in P&O Chemical, a joint venture with POSCO Future M.- OCI aims to normalize the performance and achieve mid- to long-term growth of P&O Chemical through synergies with its existing businesses.- Expects to strengthen the competitiveness of the semiconductor and rechargeable battery materials businesses and diversify its portfolio.- CEO YooShin Kim said, “This lays the foundation to grow into a global advanced materials company by creating various synergies and exploring business opportunities.” OCI announced that its Board of Directors approved the acquisition of all shares in P&O Chemical, a joint venture with POSCO Future M, at its regular meeting on August 26. Following the approval of the Board of Directors, OCI will enter into a share purchase agreement with POSCO Future M to acquire POSCO Future M’s stake in P&O Chemical for KRW 53.7 billion. After the purchase agreement, P&O Chemical will become a subsidiary of OCI through a merger filing.P&O Chemical is a joint venture established by OCI and POSCO Future M in July 2020 to produce high value-added materials from byproducts of steelmaking, with OCI holding 49% of the shares and POSCO Future M holding 51%. With a hydrogen peroxide production plant with an annual capacity of 50,000 metric tons completed in 2022, P&O Chemical is producing high-purity electronic grade hydrogen peroxide used in semiconductor fabrication processes. A plant for the production of high-softening-point pitch, a coating material for anode materials of rechargeable batteries, was completed in the second half of 2023 and is currently in trial operation. P&O Chemical’s performance is still weak because it is in the early stage of business. However, based on OCI’s long-standing technology and production capabilities and the creation of synergies between businesses, P&O Chemical plans to normalize its business operations and achieve mid- to long-term growth. In particular, It is expected that product quality and cost competitiveness will improve by establishing a close linkage with the Iksan plant, which produces high-purity hydrogen peroxide. Meanwhile, high-softening-point pitch is an essential coating material of the anode materials that enhances both stability and efficiency of rechargeable batteries, and P&O Chemical plans to start its mass production from 2025. To address the long-term growth of global anode material market, the company will focus on maximizing profitability by acquiring additional customers. With the acquisition of P&O Chemical, OCI aims to strengthen the competitiveness of its semiconductor and rechargeable battery materials businesses and expand a portfolio of advanced materials businesses. With the recent recovery of the semiconductor business, semiconductor chip makers, including Samsung Electronics, are planning to increase their production capacity, which will lead to increased demand for high-purity hydrogen peroxide. OCI plans to proactively prepare for increased customer demand with the acquisition of P&O Chemical. In addition, OCI succeeded in commercialization of high-softening-point-pitch for the first time in Korea by utilizing its proprietary technology, and through the partnership between OCI and P&O Chemical, OCI will enhance product competitiveness and develop various high value-added products to accelerate the expansion of the rechargeable battery materials business.After the acquisition of P&O Chemical, OCI and POSCO Future M will maintain a close business relationship based on a long-standing partnership. OCI will secure a stable supply of byproducts of steelmaking, a core raw material from the POSCO Group, while P&O Chemical will supply high-softening-point pitch, a coating material for anode materials, to POSCO Future M, further creating synergy between OCI and POSCO Future M. OCI CEO YooShin Kim said, “With the acquisition of P&O Chemical, OCI will be expected to further expand the scope of its advanced materials sector such as semiconductor and rechargeable battery materials. In the future, OCI will actively generate synergies with P&O Chemical and explore business expansion opportunities in advanced materials to grow as a semiconductor and rechargeable battery materials company.” (end) 
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OCI Selected as the 2024 Excellent Labor-Management Culture Company by the Ministry of Employment and Labor
OCI Selected as the 2024 Excellent Labor-Management Culture Company by the Ministry of Employment and Labor  - OCI Gunsan Plant was selected as the 2024 Excellent Labor-Management Culture Company by the Ministry of Employment and Labor.- Recognized for 16 consecutive years of no labor disputes since the establishment of the labor union… Mutual cooperation between labor and management has contributed to overcoming crisis and normalizing management- OCI holds regular labor-management workshops and labor-management councils at its four sites to strengthen communication and mutual trust.- OCI President Yoo Shin Kim said, “OCI will take the lead in building advanced labor-management relations by promoting labor-management culture based on mutual prosperity.”  OCI announced that its Iksan plant has received a P (progressive) grade, the top level, in the 2024 PSM periodic assessment conducted by the Ministry of Employment and Labor.The Ministry of Employment and Labor’s annual PSM assessment evaluates safety management systems and their implementation at sites across the country that operate hazardous facilities to prevent major industrial accidents such as fires, explosions and leaks.The assessment gives four grades, P (progressive), S (good), M+ (neutral), and M- (poor), and OCI’s Iksan Plant received the top rating of P, demonstrating that it is a government-certified top safety workplace. The P grade is awarded to the top 5% of all assessed companies.The Iksan plant has been operating a safety culture improvement task force team since 2023 and has been systematically monitoring and addressing risk factors by designating employees for each element of process safety management. In particular, the Iksan plant has raised employees’ awareness of safety management and encouraged their active participation through the 12 PSM tasks exercise campaign, which was rated positively in this PSM assessment.OCI maintains a thorough safety and health management system to strengthen safety management at all its sites, making occupational safety and health a top priority. OCI operates the Serious Disaster Prevention Committee to prevent serious accidents and actively respond to stricter occupational safety regulations, and regularly shares headquarters and site activities to improve safety and health management at a monthly meeting hosted by the CEO. In addition, OCI identifies and addresses various occupational risks, improves safety equipment and prevents occupational diseases through various councils including each site’s Occupational Health and Safety Committee and supplier councils.OCI President YooShin Kim said, “Thanks to the efforts of all employees, including those at the Iksan plant, to strengthen safety management capabilities, we have achieved the highest rating, P grade. We will strive to internalize the values of safety and health and spare no investment or support to keep our workplaces safe and accident-free. (end)
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OCI Iksan Plant Receives Highest Rating, P Level, in Government’s Process Safety Management (PSM) Assessment
OCI Iksan Plant Receives Highest Rating, P Level,  in Government’s Process Safety Management (PSM) Assessment - OCI Iksan plant receives top 5% workplace certification in Ministry of Employment and Labor's 2024 PSM assessment- Has strengthened on-site safety management by operating task force team to improve safety culture- Operates various safety and health councils, including Serious Disaster Prevention Committee, and has established systematic safety and health management infrastructure- CEO YooShin Kim said, “OCI will continue its investment and support to ensure the internalization of safety values and occupational safety.”  OCI announced that its Iksan plant has received a P (progressive) grade, the top level, in the 2024 PSM periodic assessment conducted by the Ministry of Employment and Labor.The Ministry of Employment and Labor’s annual PSM assessment evaluates safety management systems and their implementation at sites across the country that operate hazardous facilities to prevent major industrial accidents such as fires, explosions and leaks.The assessment gives four grades, P (progressive), S (good), M+ (neutral), and M- (poor), and OCI’s Iksan Plant received the top rating of P, demonstrating that it is a government-certified top safety workplace. The P grade is awarded to the top 5% of all assessed companies.The Iksan plant has been operating a safety culture improvement task force team since 2023 and has been systematically monitoring and addressing risk factors by designating employees for each element of process safety management. In particular, the Iksan plant has raised employees’ awareness of safety management and encouraged their active participation through the 12 PSM tasks exercise campaign, which was rated positively in this PSM assessment.OCI maintains a thorough safety and health management system to strengthen safety management at all its sites, making occupational safety and health a top priority. OCI operates the Serious Disaster Prevention Committee to prevent serious accidents and actively respond to stricter occupational safety regulations, and regularly shares headquarters and site activities to improve safety and health management at a monthly meeting hosted by the CEO. In addition, OCI identifies and addresses various occupational risks, improves safety equipment and prevents occupational diseases through various councils including each site’s Occupational Health and Safety Committee and supplier councils.OCI President YooShin Kim said, “Thanks to the efforts of all employees, including those at the Iksan plant, to strengthen safety management capabilities, we have achieved the highest rating, P grade. We will strive to internalize the values of safety and health and spare no investment or support to keep our workplaces safe and accident-free. (end)