OCI Company Ltd. (OCI; ) is a

chemical A chemical substance is a form of matter having constant chemical composition and characteristic properties. Some references add that chemical substance cannot be separated into its constituent elements by physical separation methods, i.e., wi ...

company founded in 1959, with its head office in

Seoul Seoul (; ; ), officially known as the Seoul Special City, is the capital and largest metropolis of South Korea.Before 1972, Seoul was the ''de jure'' capital of the Democratic People's Republic of Korea (North Korea) as stated iArticle 103 ...

South Korea South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korea, Korean Peninsula and sharing a Korean Demilitarized Zone, land border with North Korea. Its western border is formed ...

. The company's name is an initialism of its former corporate name, Oriental Chemical Industries (). The main products of OCI include polycrystalline silicon,

hydrogen peroxide Hydrogen peroxide is a chemical compound with the formula . In its pure form, it is a very pale blue liquid that is slightly more viscous than water. It is used as an oxidizer, bleaching agent, and antiseptic, usually as a dilute solution (3%� ...

fumed silica Fumed silica (CAS number 112945-52-5), also known as pyrogenic silica because it is produced in a flame, consists of microscopic droplets of amorphous silica fused into branched, chainlike, three-dimensional secondary particles which then agglom ...

coal tar pitch Coal tar is a thick dark liquid which is a by-product of the production of coke (fuel), coke and coal gas from coal. It is a type of creosote. It has both medical and industrial uses. Medicinally it is a topical medication applied to Human skin, ...

, BTX, and other chemical related materials.

History

OCI was founded by Lee Hoi-rim as Oriental Chemical Industries in 1959. OCI was the first company to establish a

soda ash Sodium carbonate, , (also known as washing soda, soda ash and soda crystals) is the inorganic compound with the formula Na2CO3 and its various hydrates. All forms are white, odourless, water-soluble salts that yield moderately alkaline solutions ...

factory and boosted the

alkali In chemistry, an alkali (; from ar, القلوي, al-qaly, lit=ashes of the saltwort) is a basic, ionic salt of an alkali metal or an alkaline earth metal. An alkali can also be defined as a base that dissolves in water. A solution of a ...

industry in

. In 2001, Oriental Chemical Industries merged with Korea Steel Chemical and changed its name to DC Chemical. However, after eight years, DC Chemical was reverted to OCI with the

acronym An acronym is a word or name formed from the initial components of a longer name or phrase. Acronyms are usually formed from the initial letters of words, as in ''NATO'' (''North Atlantic Treaty Organization''), but sometimes use syllables, as ...

of its original name.

References

External links

* Chaebol Companies based in Seoul Chemical companies established in 1959 South Korean brands South Korean companies established in 1959 Companies listed on the Korea Exchange {{SouthKorea-company-stub