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Hanwha Firms up Polysilicon Project

10:57 AM MDT | April 20, 2011 | Ian Young

Hanwha Chemical (Seoul) has firmed up its previously reported plans to build a polysilicon plant in Korea. The plant will be built at Yeosu and it is due for completion by July 2013, Hanwha said in a recent regulatory filing. The company also confirmed earlier reports that the plant would cost just over won1 trillion and have a capacity of 10,000 m.t./year. The project is a response to soaring demand for solar cells, Hanwha says. The company acquired a large stake in Solarfun Power Holdings (Qidong, China), a major producer of solar components, last...

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