Evonik sets up Chinese joint venture for fumed silica and ultra-pure silicon tetrachloride

摘要

Germany's Evonik and Jiangsu Zhongneng Polysilicon Technology Development Co. Ltd. a wholly owned subsidiary of GCL-Poly Energy Holdings Ltd (GCL-Poly), have signed a letter of intent to establish a joint venture for the production of fumed silica and ultra-pure silicon tetrachloride in China. Evonik will hold 60% stake in the joint venture. The plants, which will have a capacity of over 20,000-tpa, will be built in Xuzhou (Jiangsu Province, China) and are scheduled to start-up operation in 2016.