Hyundai Heavy to Take Its Hands off of Polysilicon Business

게시됨 2013. 5. 14.
HD현대에너지솔루션 주식회사  (주)케이씨씨 
May 07, 2013 - Hyundai Heavy Industries has withdrawn from the polysilicon manufacturing business following a gratis retirement of stocks of Korean Advanced Materials, a polysilicon maker jointly established by Hyundai Heavy and KCC Group. It was because of the protracted downturn in the solar power business, a Hyundai Heavy official said.

KCC Group said on May 6 in a regulatory filing that it would put Korean Advanced Materials under its wings as a 100-percent subsidiary, following a gratis retirement of 49-percent stake held by Hyundai Heavy Industries. As a result, Hyundai Heavy took a loss of 120 billion won from the investment. Korean Advanced Materials was established in 2008 with a paid-in capital of 240 billion won.

As of the end of 2012, Korean Advanced Materials fell into a state of total capital impairment with a total debt of 193.7 billion won and an asset of 197.7 billion won. A company official said, "We will keep up with the solar business centering on the photovoltaic module plant in Eumseong, Chungbuk Province."


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HD현대에너지솔루션 주식회사 (솔라패널): https://kr.enfsolar.com/hyundai-energy-solutions
HD현대에너지솔루션 주식회사 (솔라 부품): https://kr.enfsolar.com/hyundai-energy-solutions
(주)케이씨씨 (솔라패널 설치): https://kr.enfsolar.com/kcc
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