![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Global SP Regs | LSE:GLBM | London | Ordinary Share | COM STK USD0.0001 (REG S) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 8.75 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:5407T Globe Specialty Metals, Inc 01 May 2008 The following announcement replaces announcement number 4952T released at 07.00 on Thursday 1st May. This is due to an error in the second paragraph which has now been corrected. Globe Specialty Metals, Inc. Solar grade silicon supply agreement with BP Solar International 1st May 2008 Globe Specialty Metals, Inc. (AIM: GLBM.L) is pleased to announce that its subsidiaries, Solsil, Inc. ('Solsil") and Globe Metallurgical, Inc. have entered into an agreement with BP Solar International Inc. (" BP Solar ") The agreement provides for the sale from Solsil to BP Solar of certain amounts of solar grade silicon on a take or pay basis which can be doubled at BP Solar's option. Additionally BP Solar and Solsil will deploy certain existing BP Solar silicon technology at Solsil's facility and will jointly develop new technology to enhance Solsil's proprietary upgraded solar silicon metallurgical process. Solsil expects to expand its capacity by building a new facility where this technology will be deployed. Under the terms of the agreement, Solsil and BP Solar will both contribute towards the costs of the technology development. Solsil expects to begin shipping under the contract before the end of 2008 with contracted volumes increasing annually through 2011. The term of the contract can be extended through 2014 at the option of BP Solar, also in increasing volumes. "We are excited about our new contract with BP Solar," said Alan Kestenbaum, Chairman and CEO of Globe Specialty Metals, Inc. "We have the opportunity to supply to and collaborate with an industry leader for further accelerating development of our existing metallurgical process technology for the cost effective production of solar grade silicon. The contract is consistent with our goal of continuous quality and process improvement to benefit our customers." BP Solar, part of BP Solar Alternative Energy, is a global company with over 2300 employees. BP Solar designs, manufactures and markets products which use the sun's energy to generate electricity for a wide range of applications in the residential, commercial and industrial sectors. With over 30 years of experience and installations in more than 160 countries, BP Solar is one of the world's leading solar companies having 228MW annual manufacturing capacity in 2007, plus another 700MW capacity under construction. BP Solar has solar cell and module manufacturing plants in Sydney, Australia; Bangalore, India; Madrid, Spain; and Frederick, MD, USA; and module manufacturing in Xi'an, China. In Frederick it also has casting and wafering facilities. Globe Specialty Metals, Inc. is a leading global producer of various grades of Silicon metal and Silicon metal alloys with production and mining facilities in the United States in Ohio, West Virginia, Alabama as well as in Brazil and Argentina. Globe employs over 1,800 people worldwide. Globe's corporate offices are located in New York, New York USA. Enquiries: Tel Contacts: Daniel J. Krofcheck +212 798 8100 Seema Paterson 44 (0) 207 523 8350 Collins Stewart Europe Limited This information is provided by RNS The company news service from the London Stock Exchange END MSCUUUQCAUPRURG
1 Year Global SP Regs Chart |
1 Month Global SP Regs Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions