SunSi Energies Inc. says its wholly owned subsidiary, SunSi Energies Hong Kong Ltd., has signed a definitive joint venture agreement to form a trichlorosilane (TCS) production joint venture in Zibo, China.
The new company, to be called Zibo Boayun Chemical Company Ltd., will produce TCS, a chemical used in the production of polysilicon, an essential raw material used during the production of solar cells for photovoltaic panels.
As previously released, SunSi Energies Hong Kong Ltd. will own 90% of a new company specifically formed to own the assets, expertise and technology of an existing TCS production facility with a current production capacity of 25,000 metric tons per year.
SOURCE: SunSi Energies Inc.
