Japan’s Kaneka to spend $1.1 bln to boost its solar cell production capacity
TOKYO, Dec 21, 2008
Source: Reuters.com
Reporting by Kiyoshi Takenaka; Editing by Tomasz Janowski
http://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUST26351220081221
Japan’s Kaneka Corp (4118.T) plans to spend more than $1.1 billion by 2015 to boost its solar cell production capacity 14-fold to meet growing demand, the Nikkei business daily said on Sunday. As part of the expansion plan, the chemicals maker will build a $224-million solar cell plant in Europe by 2011, the newspaper said. (more…)