Attention Business/Financial Editors:
5N Plus Inc. Holds Official Opening Ceremony for New German Facility
MONTREAL, Oct. 17 /CNW Telbec/ - 5N Plus Inc. (TSX:VNP) today held an
official opening ceremony for its new German facility located in
Eisenhuttenstadt, in the state of Brandenburg. The facility, which is owned
and operated by 5N PV GmbH, a wholly-owned German subsidiary of 5N Plus,
produces cadmium telluride and other products for the photovoltaic market.
5N Plus President and Chief Executive Officer Jacques L'Ecuyer presided
over the ceremony, which was attended by Mr. Detlef Stronk as a representative
of Brandenburg's Minister of Economics, Mr. Ulrich Junghanns, Mr. Rainer
Werner, the Mayor of Eisenhuttenstadt, Peter M. Boehm, Ambassador of Canada in
Germany, and Mr. Serge Vaillancourt of the Québec delegation to Germany, as
well as a number of guests representing various stakeholders.
"We are pleased to celebrate the official opening of our new
Eisenhuttenstadt facility, which began operations on July 29, 2008" said
Mr. L'Ecuyer. "We are excited about its performance so far and its future
prospects as the German and European photovoltaic industries continue to
develop. We are also grateful for the financial support received from the
German government and the state of Brandenburg towards the construction of our
new facility", Mr. L'Ecuyer added.
Mr. Stronk commented: "We are delighted to announce the opening of the 5N
PV production site here in Eisenhuttenstadt. The Canadian company has built
one of the most modern production facilities for high-purity metals, a
precursor for the fabrication of solar modules, in the world. Thereby, we are
able to come closer to our goal of establishing the entire value chain in the
sector of renewable energy here in the region. The 5N PV investment further
enhances this development and highlights once more that Brandenburg is an
attractive and innovative location for investors from throughout the world."
About 5N Plus Inc.
5N Plus draws its name from the purity of its products, 99.999%
(five nines or 5N) and more. 5N Plus, which has its head office in Montreal,
Québec, develops and produces high-purity metals and compounds for electronic
applications and provides its customers with recycling solutions. The Company
is an integrated producer with both primary and secondary refining
capabilities. 5N Plus focuses on specialty metals such as tellurium, cadmium
and selenium and on related compounds such as cadmium telluride and cadmium
sulphide. The Company's products are critical precursors in a number of
electronic applications, including the rapidly-expanding solar (thin-film
photovoltaic) market, for which 5N Plus is a major supplier of cadmium
telluride, and the radiation detector market.
Additional information about 5N Plus is available on its Web site at
www.5nplus.com.
http://www.newswire.ca/en/releases/a...
