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27.03.2008 09:46
AMG unit wins silicon supply deal from Q-Cells, may be extended until 2013

AMSTERDAM (Thomson Financial) - AMG Advanced Metallurgical Group NV (News) 's 50.5 pct owned unit Timminco Limited said that its unit Becancour Silicon Inc (BSI) has won a contract to supply solar grade silicon to Q-Cells AG.

Under the terms of the agreement, BSI will supply Q-Cells with contractually fixed supplies of 410 metric tons in 2008 and 3,000 tons in 2009 at fixed prices, with deliveries to start immediately.

With this contract Q-Cells will become BSI's largest customer for solar grade silicon in 2009.

BSI said it and and Q-Cells could extend the contract to 6,000 tons per year for the period 2010-2013, which would raise the committed deliveries of BSI's solar grade silicon operationto 12,000 tons per year beginning in 2010.

The price for these possible further supplies will be negotiated contingent upon market conditions.


Cornelia.Messing;cornelia.messing@thomson.com
 
aus der Diskussion: Advanced Metallurgical Group
Autor (Datum des Eintrages): Balubine  (27.03.08 13:02:42)
Beitrag: 9 von 310 (ID:33739007)
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