South Korean polysilicon maker DC Chemicals Co (KRX: 010060) announced it has received an order from Taiwan's Wafer Works Corporation worth approximately $239.3 million.
The supply contract for polysilicon is for the period from January 2009 to December 2016, according to a filing to the Korea Exchange.
DC Chemical recently announced a supply agreement for the same period of time with Suntech Power Holdings (NYSE: STP) for approximately $631 million.
Wafer Works recently invested in Califoria-based Cleantech America, Inc., a developer of utility-scale photovoltaic (PV) solar farms.
About DC Chemical
DC Chemical Co., Ltd. (KRX: 010060) is a Korean producer of coal chemicals, basic chemicals, petrochemicals and fine and specialty chemicals and has more than 50 subsidiaries and affiliated companies. The Company has been listed on the Korea Exchange since 1976.
About Wafer Works Corp.
Wafer Works Corp., with offices in Taiwan, China, and Fremont, CA, is a global electronic materials supplier for high quality crystalline silicon wafers. Wafer Works Corp. holds a major interest in Solargiga Energy Holdings, Ltd., which supplies solar manufacturers with single crystal silicon ingots and wafers. Solargiga Energy Holdings, Ltd. has manufacturing facilities in Jinzhou city and Shanghai (Peoples Republic of China).
