Issue Date: August 16, 2010
Dow Corning Invests In Silicon Metal
Dow Corning has agreed to pay nearly $40 million for a 49% interest in Timminco’s silicon metal facility in Bécancour, Quebec. As part of the deal, which is set to close on Sept. 30, Dow Corning will receive 49% of the plant’s annual output of 47,000 metric tons. The company says the purchase helps it to diversify its raw materials for silicon-based materials. In November 2009, it bought silicon metal assets . . .
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