Wacker Chemie AG

Munich / Cleveland (TN, USA), February 26, 2009 - Wacker Chemie AG has mid-term plans to construct a new hyperpure polycrystalline silicon facility in the US and has purchased land in the State of Tennessee for this purpose. The Munich-based chemical group announced the decision today. The land in Bradley County covers approximately 550 acres (220 hectares), offering adequate space for a new integrated silicon-based manufacturing site. The purchase price totals almost $20 million. WACKER expects a mid-term investment in the Cleveland, Tennessee area of around $1 billion to set up the new plant, thereby creating about 500 new jobs. The size of the site, the availability of reliable power from the Tennessee Valley Authority (TVA), over-the-fence supply of chlorine from the adjacent OLIN Corporation facility and excellent transportation infrastructure made this an attractive site location.

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