Yingli Green Energy Signs Another Supply Agreement With DC Chemical
Posted on: Monday, 12 May 2008, 12:00 CDT
Yingli Green Energy Holding Company, a manufacturer of photovoltaic products, has signed a third polysilicon supply agreement with DC Chemical, a Korean chemicals producer.
Under the terms of agreement, DC Chemical will supply polysilicon with a value of approximately $39 million to Yingli Green Energy. The delivery period started in April 2008 and will end in December 2008.
Liansheng Miao, chairman and CEO of Yingli Green Energy, said: "I am very pleased to announce this new polysilicon supply agreement with DC Chemical. It's our third contract with DC Chemical since we initiated our relationship at the beginning of 2008. I believe this new supply agreement will reinforce our solid collaborative relationship and provide greater visibility on our 2008 polysilicon supply."
Source: Datamonitor
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