Evonik and GCL Partner to Build Silicon Compound Plants in China
Evonik Industries and Jiangsu Zhongneng Polysilicon Technology Development Co. Ltd., a wholly owned subsidiary of GCL-Poly Energy Holdings Ltd., recently announced they have signed a letter of intent to establish a joint venture for the production of fumed silica and ultra-pure silicon tetrachloride in China. Evonik will hold a 60% share in the joint venture.
The plants, which will have an annual capacity of over 20,000 metric tons, will be built in Xuzhou, Jiangsu Province, China, and are scheduled to begin operation in 2016. The entire project has yet to be approved by the executive bodies.
For more information, visit www.evonik.com.