NEW YORK, NY–(Marketwire-November 30, 2010)-SunSi Energies Inc. (“company”) (OTCBB: SSIE) today announced a definitive agreement to purchase was carried out on a representative sample of trichlorosilane hereinafter referred to as the “Broadcast” means an establishment, Wendeng he Xie Silicon co. Ltd. (“Wendeng”), is situated in the heart of Weihai City, China. TCS is a chemical compound used in 90% of the solar cells and modules at the global level. Out-of-the-Art Wendeng plant, which was built in 2008, is currently in the capacity of 20 000 tonnes (“MB”) of the TCS.
The terms and conditions of this agreement to acquire 60% of the divestiture of SunSi Wendeng; and after the purchase, Wendeng consummation will wait for a total of 60 ‘s, 000MT capacity by 2011. Exits the expansion of this planned Wendeng thereof in order to preserve the divestiture of 40% in relation to the basis.In addition, the current management of the Bureau to give Wendeng technical expertise, construction, education, training, and the body and its extension to all the management and employees.   will remain in place.
Identify the quality of the people’s Republic of China Wendeng TCS and its effectiveness. current Wendeng customer base includes the largest polysilicon producers in the PRC. Legal and financial due diligence, which has been running since mid-September If SunSi has done a port facility on the letter of intent to acquire Wendeng, is progressing well.
Richard St-Julien, Chairman, SunSi Energies Hong Kong Limited, said, “we are excited about, and expand their capacity to Wendeng. key factors are the views of the seated. Wendeng is an excellent management team, a strong demand for the product of the TCS, scalable, is located in the port facility produces high-quality strategic and TCS. We believe that we have the opportunity to present the largest single site SunSi TCS producer in the people’s Republic of China, which constitutes a substantial profitability, which will be transferred fully to the US public company through. “
About SunSi Energies Inc. (“SunSi”)
SunSi: ‘s objective is to acquire and develop high-quality trichlorosilane-producing facilities, which are located in a strategic portfolio of projects, and they, as the case may be, in the future growth and expansion.Through its wholly-owned subsidiary, SunSi Energies Hong Kong Ltd., has been carried out at the final Distribution SunSi agreement Baokai that justify SunSi distribute and sell, as well as with all of the people’s Republic of China outside Televisiokamerajärjestelmissä Zibo Baoyun Chemical Plant produced.
Relatively unknown, but essential in the land of the rising sun is a chemical industry TCS focuses primarily on the current polysilicon, which is an essential raw material, the data cells of the solar photovoltaic (PV) panels, which convert sunlight for homes, businesses, and facilities for the production of electricity are considered solar PV. TCS value chain of a product, polysilicon, prior to the first, and it is also the ultrapure Silicon semiconductor industry, it is believed that the main source of SunSi will focus on that exclusively to the production and sales of television camera systems of the world’s first and only “pure play” was turned into a joint stock company.
SunSi Energies Inc. is traded ON THE NASDAQ, OTC Bulletin Board, in accordance with the ticker SSIE. for more information, visit the company’s website: http://www.sunsienergies.com.