Thursday, January 24, 2008

LDK News: New $150 Million Contract.

Mosel Vitelic Inc. announced today that it has signed a five-year contract with LDK Solar Co., Ltd. Under the terms of the agreement, pricing is fixed for the first three years. During this period, LDK Solar will deliver multi-crystalline solar wafers to Mosel Vitelic valued at approximately US$150 million with delivery commencing from 2008. Mosel started to evaluate and prepare the installation of second line which will begin production from Q3 2008.This agreement will assure the solar materials supply stably under the current materials shortage.

Mosel Vitelic.

If you want to see the news at the above site, you must go to the site, click "English" at the top of the screen, and you'll note a link to the article at the bottom of the resulting page.

Original find by Dell_Bear of Yahoo.

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