Wacker Chemie AG, Munich, Germany, has announced plans to build a new 550-acre hyper-pure polycrystalline silicone facility in Tennessee for approximately $20 million. The company expects to make a mid-term investment in the Cleveland, TN, area of around $1 billion to set up the new plant, thereby creating about 500 new jobs. The size of the site, the availability of reliable power form the Tennessee Valley Authority (TVA), over-the-fence supply of chlorine from the adjacent OLIN Corp. facility and excellent transportation infrastructure made this an attractive site location.
According to Rudolf Staudigl, president and CEO of Wacker
Chemie AG, this site was chosen not only for its well-developed infrastructure,
but also because of the outstanding support and cooperation made available by
the Bradley County
government offices, the Bradley-Cleveland Chamber of Commerce, local businesses
and the State of Tennessee.
The package of incentives connected with the land purchase includes provisions
for necessary transportation access and a reliable source for water and
electric-based energy, which are key resources associated with the production
of hyperpure polycrystalline silicon.
“We expect polysilicon demand from the solar and semiconductor
industries to further increase in coming years,” said Staudigl. “Purchasing the
land is an essential prerequisite to quickly build up additional production
capacities outside the Euro zone in line with the projected market trends and
growth in demand.”
For more information, visitwww.wacker.com.
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