SunSi Energies... the only "pure play" public company in the world focused on TCS production!
SunSi Energies
SunSi is positioned to take advantage of one of the
fastest growing trends and markets in the world today - the clean and
renewable alternative energy market - specifically the solar energy
market. To strengthen its overall position on this market, SunSi Energies'
goals is to acquire, develop and operate a portfolio of high quality
Trichlorosilane (TCS) production facilities that are strategically
located, as well as possess a potential for future growth and expansion.
Relatively unknown, but essential to the solar industry, TCS is the main
feedstock of the solar industry, used in the production of polysilicon,
which in turn is used in the production of solar photovoltaic (PV) energy
producing panels.
SunSi Energies owns 100% of a Hong Kong-based company, SunSi
Energies Hong Kong Inc. (SunSi HK), through which SunSi Energies will
acquire Chinese TCS production facilities.
On December 12th, 2009,
SunSi HK executed a definitive Distribution Agreement with Zibo Baoyun
Chemical Plan (ZBC) that entitles SunSi the exclusive rights to distribute
the TCS produced to facilities outisde of China. This will soon enable
SunSi to start earning revenues from potential European and North American
clients. At this time, exportation of TCS outside of China is minimal, as
most of its production is used to supply the country's demand. SunSi has
already identified several potential foreign buyers, which would allow for
higher margins. The lower cost of production in China is advantageous when
competing over the globe; on that SunSi intends to capitalize on to
increase not only its profits, but also its client base.
On April 29th, 2010, SunSi
Energies Hong Kong Inc. signed a definitive agreement to acquire Zibo
Baokai Commerce and Trade Co. Zibo Baokai owns the exclusive distribution
rights of the entire production at ZBC. This acquisition will allow SunSi
to generate revenues and to strengthen its presence within the growing
Chinese market, as well as worldwide.
On August 3rd, 2010, SunSi
Energies Hong Kong Inc. signed a letter of intent with Wendeng He Xie
Silicon Co. Ltd. (Wendeng) for the acquisition of 60% of its existing
20,000 MT facility. Subsequently, SunSi intends to expand the capacity of
this existing facility by an additional 40,000 MT.
SunSi Energies is in the process of evaluating additional acquisition
opportunities in China as it foresees a growth, both in geographic terms
and TCS demand. Our objective is to acquire TCS facilities through
expansion and/or acquisition that will have a combined total capacity of
over 125,000 MT/year within the next three years. In view of its expansion
plan, SunSi has already identified North America and Europe as high
potential markets for its TCS. Countries, such as Germany and Spain, have
led the demand for solar PV in recent years, while the United States is
expected to experience a significant growth before 2010 in teh renewable
energy and solar markets. Moreover, SunSi expects to become a key supplier
to the emerging Chinese and Asian polysilicon and solar energy markets.
SunSi Energies Inc. is traded on the NASDAQ OTC Bulletin Board under the
ticker "SSIE".
SunSi Energies... the only "pure play" public company in the world
focused on TCS production!
