GCL-Poly excludes SMP from acquisition of SunEdison assets

Logo of SMP (Samsung MEMC Polysilicon Limited Partnership)
GCL will not acquire SMP, SunEdison’s unsuccessful Korean FBR joint venture

GCL-Poly Energy Holdings has confirmed that it closed the acquisition of SunEdison’s Solar Materials Business on March 31, 2017.

However, GCL has excluded SunEdison’s 65.25% stake in SMP from the acquisition. SMP is the insolvent South Korean FBR polysilicon joint venture between bankrupt SunEdison and Samsung Fine Chemicals (now Lotte Fine Chemical).

NEW: Get Your In-depth Report – The Polysilicon Market Outlook 2027

  • Benefit from 102 pages full of rich data, in-depth analyses and detailed forecasts on the polysilicon, solar and semiconductor industries
  • Learn all about the latest developments of polysilicon manufacturing technologies (Siemens process, fluidized bed reactor, upgraded silicon kerf loss from wafer sawing)
  • Obtain comprehensive data on production volumes and capacities of 45 solar-grade and electronic-grade polysilicon plants from 2020 through 2027
  • Gain insight into decisive market trends, based on four sophisticated scenarios of supply and demand through 2027
  • Get valuable guidance with cash cost data on 30 solar-grade polysilicon plants and spot price forecasts through 2027

Go to the Report

Learn all about the polysilicon market

Go back

Comments

Add a comment

Back to Polysilicon News