5N Plus Inc.宣布将购买Sylarus Technologies, LLC公司的可转债，以帮助其扩产。同时，5N Plus还将向Sylarus Technologies长期供应高纯锗，并提供回收服务。
5N Plus Inc. announced today that it has agreed to subscribe convertible debt of Sylarus Technologies, LLC. The financing is designed to help fund Sylarus’ expansion plans. Concurrently, 5N Plus and Sylarus have also entered into a long-term supply and recycling agreement under which 5N Plus will provide high-purity germanium feedstock to Sylarus and will recycle various germanium containing residues originating from Sylarus’ crystal growing and wafer manufacturing activities.
5N Plus President and Chief Executive Officer Jacques L'Écuyer said, “We welcome the opportunity to provide financing to Sylarus and are excited about Sylarus’ potential for significant growth. Sylarus is one the very few germanium substrate suppliers used for highefficiency solar cells in both space and terrestrial applications. This is an area of the solar market that we were not addressing through our existing product offering. Together with the supply and recycling agreement we entered into with Sylarus, this financing further strengthens our germanium related activities and provides a valuable outlet for our subsidiary Firebird’s line of products.”
"We are equally delighted by this agreement” commented Sylarus President, Scott Mitchell, "as 5N Plus’ financing will enable us to more effectively implement our expansion plans. In addition, Sylarus will be provided with a reliable and high-quality germanium feedstock and cost effective recycling options. 5N Plus is a leading provider of material solutions to the solar industry and we expect a positive impact on our business from working with 5N Plus.”
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