AMG Critical Materials N.V.
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Publicatie datum
22 feb 2008 - 20:20
Statutaire naam
AMG Critical Materials N.V.
Titel
AMG Announces Expansion of Production Capacity for Solar Grade Silicon
Bericht
Amsterdam, 22. February 2008 --- AMG Advanced Metallurgical Group N.V. ("AMG", EURONEXT AMSTERDAM: "AMG") announced that its 50.6% owned subsidiary, Timminco Limited ("Timminco"; TSX: TIM), today announced that its Board of Directors has approved capacity expansion plans for the production of solar grade silicon at its wholly owned subsidiary, Bécancour Silicon Inc. ("BSI"). The expansion is expected to raise the total annual production capacity of its solar grade silicon facilities to 14,400 metric tons from 3,600 metric tons. The expansion is expected to have a capital cost of approximately C$ 65 million and will be completed by mid 2009, on a schedule that will enable BSI to meet all current customer commitments.
Datum laatste update: 01 september 2024