Group11_Umicore - Umicore To Expand Production Of Solar...

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Unformatted text preview: Umicore To Expand Production Of Solar Cell, Battery Materials 485 words 27 June 2008 02:04 Dow Jones International News DJI English (c) 2008 Dow Jones & Company, Inc. Edited Press Release BRUSSELS (Dow Jones)--Belgian materials company Umicore SA (UMI.BT) Friday said it will increase significantly its production capacity for germanium semi-conductor substrates for use in high-efficiency solar cells. Umicore will also invest in the expansion of its capacity for lithium-ion battery materials. The combined investment level is expected to reach some EUR45 million. Both investments will strengthen Umicore's offering of materials for usage in fast-growing clean technology applications. The new production capacity for germanium wafers is to be set up at the Group's Quapaw site in Oklahoma, United States. Construction will start in July and is scheduled to be completed in the spring of 2010. The facility will complement Umicore's existing production site in Olen, Belgium, effectively doubling the Group's wafer...
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This note was uploaded on 01/11/2012 for the course EIN 4354 taught by Professor Tufecki during the Fall '08 term at University of Florida.

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Group11_Umicore - Umicore To Expand Production Of Solar...

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