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Article: Timminco Confirms Extension of Solar Grade Silicon Supply Agreement With Q-Cells.
- Article from:
- Canadian Corporate News
- Article date:
- July 30, 2008
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Copyright informationCOPYRIGHT 2008 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TORONTO, ONTARIO, Jul 30, 2008 (Marketwire via COMTEX) -- Timminco Limited ("Timminco")(TSX:TIM) today announced that the existing solar grade silicon supply agreement between its wholly-owned subsidiary, Becancour Silicon Inc. ("BSI"), and Q-Cells AG ("Q-Cells")(FRANKFURT:QCE) has been formally extended for 2010 through 2013, with deliveries of 6,000 metric tons per year, as anticipated in the initial announcement of the agreement on March 26, 2008. Pricing for deliveries in the years 2008 to 2010 is fixed, and for the years 2011 to 2013 will be based upon market conditions, within a fixed floor to ceiling price range. Q-Cells is the world's largest manufacturer of solar ...