24 November 2009 12:05 [Source: ICIS news]
LONDON (ICIS news)--Evonik Industries and Taiyo Nippon Sanso Corporation (TNSC) have started work on a €150m ($224m, Y20bn) monosilane plant at Yokkaichi in Japan, the German producer said on Tuesday.
The plant was scheduled to be commissioned in 2011, the company added in a statement.
“Evonik has now signed a long-term supply agreement for monosilane with TNSC,” the company added.
The Yokkaichi plant will also produce trademarked product AEROSIL, which comes from silicon tetrachloride and is used in plastics, paints and coatings.
"Evonik is pressing ahead with this significant investment in solar energy and electronics, both markets of the future, and is taking a further step in the attractive Asian market," said Evonik Industries' executive board chairman Klaus Engel.
($1 = €0.67, $1 = Y89.03)
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