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The plant will be operated by PMD’s Cosmos Petroleum and Mining subsiduary
17/04/2013
Saudi firm plans Malaysian polysilicon plant
US$1.6bn plant to be based in Sarawak
Richard Jansen
SAUDI ARABIA’S Project Management & Development Company (PMD) has announced plans to build a US$1.6bn polysilicon plant in Sarawak, Malaysia, according to media reports.
The plant will be operated by PMD’s Malaysian subsidiary, Cosmos Petroleum and Mining, and is scheduled to begin production in 2016. The company has told the Malaysia Star that the facility will be one of the biggest in Asia, and is part of the Sarawak state government’s plan to take advantage of its growing energy resources.
“The project is in line with Sarawak’s initiative of promoting green and sustainable energy solutions,” PMD chair Majed Al-Ahmadi said in the statement, “leading to further development of industrial base in the state.”
Polysilicon is mostly used by the photovoltaic solar industry, much of which is based in southeast Asia.
