GT Solar Signs $173 Million Contract With DC Chemical
U.S. Company To Increase Export Of Polysilicon Production Equipment To South Korea
Merrimack, N.H., September 2, 2008
Source. GT Solar, press release
http://www.gtsolar.com/news/shownews.php?id=209
GT Solar Incorporated, a global provider of specialized equipment and technology for the solar power industry, announced that on July 11, 2008, it signed a $173 million contract with DC Chemical Co., Ltd., a leading Korean chemical company. The signing of the contract has previously been disclosed. Under the terms of the agreement, GT Solar will provide DC Chemical with state-of-the-art polysilicon CVD reactors, which are used to manufacture polysilicon, a key raw material utilized to produce solar cells. This latest agreement marks the third contract between the two companies since GT Solar began offering CVD reactors and related equipment in 2006. (more…)