CDI Announces Alliance with Toyo Engineering Corporation to Provide Engineering, Procurement and Construction Services in China
CDI Corp. (NYSE: CDI) announced today that it has entered into an alliance with Toyo Engineering Corporation to provide engineering, procurement and construction (EPC) services to polysilicon producers in China and Taiwan.
With this alliance, signed for a term of five years, CDI can team with Toyo, a leading EPC contractor in Asia, to assist in the design of trichlorosilane and polysilicon facilities. CDI will provide conceptualization, front-end loading and technology integration, while Toyo will handle detailed design, procurement and construction of the polysilicon plants. The polysilicon produced in these facilities can be used in solar cells or in microelectronic applications.
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.