News from Notch Consulting, Inc.

April 16, 2009

DC Chemical Changes Name to OCI

Filed under: Carbon Black, General — Notch @ 8:59 am

On April 1, 2009, Korean chemical company DC Chemical Co., Ltd. changed its name to OCI Company Ltd., part of a change in its corporate identity and strategic direction, particularly its increasing focus on polysilicon production. In January 2009, DC Chemical announced it was selling its two-thirds stake in Columbian Chemicals Company, though the company continues to produce carbon black through two Korean factories.

According to a company press release, the company’s new name “OCI” means “The Origin of Chemical Innovation,” and another purpose for the name change is to obviate any misperception regarding OCI’s core businesses that may have been caused by its previous name, which in Korean contained the words “steel” and “chemical.” Further, the goal is to eliminate any confusion that may have arisen due to the use of different corporate names domestically and abroad.

Here is the press release.

Oriental Chemical Industries was formed in 1959 and over the ensuing 50 years grew into a global producer of inorganic chemicals, coal chemicals, petrochemicals, fine chemicals, and most recently polysilicon. In 2001, OCI merged with Korea Steel Chemical and changed its name to DC Chemical.

Advertisements

1 Comment »

  1. […] News from Notch Consulting Group Developments in Carbon Black, Silica, Rubber Chemicals & Tire Cord « DC Chemical Changes Name to OCI […]

    Pingback by DC Chemical Files Lawsuit Against One Equity Partners Regarding Sale of Columbian Chemicals « News from Notch Consulting Group — April 16, 2009 @ 10:30 pm


RSS feed for comments on this post. TrackBack URI

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Create a free website or blog at WordPress.com.

%d bloggers like this: