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Wacker Chemie secures 400 million Euro loan from EIB for new polysilicon plant
15 May 2009 | Fab and Facilities
The European Investment Bank has approved a long-term €400 million loan to help finance Wacker Chemie's new Nünchritz (Saxony) polysilicon production facility. The company has budgeted investments totaling some €800 million for the plant, which will have a nominal annual capacity of 10,000 metric tons and will be commissioned in 2011. The facility is expected to create around 450 new jobs.
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