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LG Chem to Build Polysilicon plant in korea

9:45 AM MDT | June 10, 2011 | —DEEPTI RAMESH

LG Chem says it will invest won491 billion ($455 million) to build a 5,000-m.t./year polysilicon plant at Yeosu, Korea. The plant will supply the solar-cell market and be the company’s first polysilicon plant. Construction is slated to begin next month, and is expected to be completed by the end of 2013. LG Chem plans to use its own technology, local reports say.Other companies building polysilicon capacity in Korea include OCI (Seoul), formerly DC Chemical, which is investing won1.8 trillion to build a 24,000-m.t./year unit in North Jeolla Province...

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