GT Solar (SOLR) Discloses Contract With DC Chemical

GT Solar (SOLR) has disclosed a 173 million contract with DC Chemical that it signed on July 11 of this year and will have GT Solar providing DC Chemical with state of the art polysilicon CVD reactors which are used to manufacture polysilicon, the key raw material used to produce solar cells.   This is the 3rd contract between the two companies.

“GT Solar has been a trusted provider of equipment and expertise to DC Chemical since we entered the high-value, high-growth polysilicon business more than two years ago,” said Mr. Shin, DC Chemical’s vice chairman. “We look forward to utilizing our new reactors to increase our polysilicon production capabilities at our existing facility in Gunsan, South Korea, and to strengthening our relationship with GT Solar.”

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