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Markets :: Basic Chemicals :: Inorganic Chemicals :: Silicones

Total Acquires Interest in U.S. Polysilicon Firm

1:52 PM MDT | June 7, 2010 | Rebecca Coons

Total says it has acquired a 25.4% interest in polysilicon production technology startup AE Polysilicon (AEP; Fairless Hills, PA) for an undisclosed sum. AEP has developed a cost-competitive production process to manufacture granular polysilicon for photovoltaic panels and is in the process of building a 1,800 m.t./year facility, Total says. Total says it has also signed an agreement to acquire high-purity granular polysilicon from AEP, ensuring raw material supply for Total's other solar energy interests, which include 50% stakes in Photovoltech and Tenesol and...

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