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 … Read the rest
Suntech Power (STP) has signed a 2nd polysilicon supply agreement with South Korea based DC Chemical with a total value of about 750 million from 2010 to 2016. Back in March the two companies inked another supply deal worth around 630 million.
Dr. Zhengrong Shi, Suntech’s Chairman and Chief Executive Officer, stated, ”We are pleased to expand our existing relationship with DC Chemical, a key upstream partner and an emerging market leader. Contracts such as … Read the rest