5N Plus Enters into a Long-Term Supply and Recycling Agreement with Calyxo, a Q-Cells’ Subsidiary

5N Plus Inc. announced that it has signed a long-term supply and recycling agreement with Calyxo GmbH. Under the terms of this agreement, 5N Plus, through its subsidiary 5N PV GmbH, will provide semiconductor compounds, including cadmium telluride and cadmium sulphide, to Calyxo.

This agreement also includes long-term PV module and production scrap recycling services, which are the result of intensive development efforts performed by 5N Plus to optimize its recycling solutions for Calyxo’s specific requirements.

“We are pleased to have entered into this agreement with Calyxo as we aim to further support their ambitious growth plans,” said Jacques L’Écuyer, 5N Plus president and CEO. “Calyxo and Q-Cells have been at the forefront of PV technology for many years and we are excited about the future prospects of our collaboration. In 2006, we made the strategic decision to set-up a new manufacturing facility in Germany to support the growth of the German and European PV industry. As a result our German subsidiary 5N PV GmbH is now ideally suited to provide both the critical semiconductor compounds and recycling services required by Calyxo.”