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Dow Corning to Invest Billions to Serve Solar Power Industry (posted 12/22/08)

December 19, 2008
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Dow Corning will begin manufacturing high-purity monosilane, a specialty gas used to manufacture thin-film solar cells and LCDs.

Dow Corning Corp. recently announced several billion dollars of investments to provide critical materials to the fast-growing solar technology industry. “Dow Corning and our Hemlock Semiconductor joint ventures hope to create a viable solar industry that produces new high-paying jobs, clean power technologies and a revitalized economy,” said Stephanie A. Burns, Dow Corning’s chairman, president and chief executive officer. “We’re committing our resources, know-how and technology because we are confident that solar technology represents a tremendous opportunity for both clean energy and economic growth.”

Dow Corning will begin manufacturing high-purity monosilane, a key specialty gas used to manufacture thin-film solar cells and liquid crystal displays (LCDs). This investment includes the construction of a new monosilane manufacturing facility in Hemlock, Mich., adjacent to Hemlock Semiconductor Corp.’s polysilicon manufacturing site.

“This significant investment to become a leading supplier of monosilane for thin film solar technology will expand our feedstock offering and will further reinforce our position as a value-added material supplier to the solar industry,” said Eric Peeters, global executive director of Dow Corning Solar Solutions.

The investment also includes up to $3.0 billion at Dow Corning joint ventures Hemlock Semiconductor Corp. and Hemlock Semiconductor LLC. The companies will expand Hemlock Semiconductor Corp.’s existing Michigan manufacturing facility and build a new site in Clarksville, Tenn., to increase manufacturing capacity for polycrystalline silicon (polysilicon).

Construction of both the polysilicon expansions and the new monosilane site are set to begin immediately. Visit www.dowcorning.com for more information.

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