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REC Silicon Secures Almost $1 Billion of Silane Gas Supply Deals

11:21 AM MDT | July 30, 2008 | Alex Scott

REC Group (Sandvika, Norway), a silicon gas and solar materials producer, says its silicon division has entered into an undisclosed number of “significant long term agreements” for the supply of monosilane gas to major gas distributors. The deals, which run through 2014, are worth a combined total of almost NKr 5 billion ($1 billion), REC says. Monosilane gas is a key raw material for generating silicon for use in thin film solar panels, crystalline solar cells, computers, displays and other electronic devices. One of REC's key contracts is with Air...

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