Tuesday, November 22, 2011

SunSi Energies Inc. (SSIE) is “One to Watch”

SunSi Energies Inc.’s focus is on becoming one of the world’s largest producers of trichlorosilane (TCS). TCS is a chemical mainly used in the production of polysilicon, which is an essential raw material in the production of solar cells for PV panels that convert sunlight to electricity. TCS is considered the first product in the solar PV value chain before polysilicon. It is also the principal source of ultrapure silicon in the semiconductor industry. SunSi Energies has their headquarters in Brooklyn, NY.

It is believed SunSi Energies will become the first and only “pure play” public company in the world focused 100 percent on the production of Trichlorosilane. SunSi Energies is rapidly positioning their company to take advantage of one of the fastest growing trends and markets in the world today – the solar market. The Company aims to achieve their objective by acquiring and developing a portfolio of high quality, scalable, strategically located TCS production facilities that possess a potential for future growth and expansion. SunSi controls approximately 55,000 metric tons of TCS production in China.

The process of producing Trichlorosilane begins by mining for relatively pure silicon dioxide (sand or quartz). The next step is to separate the silicon from the oxygen, which is achieved by heating sand, grains containing silicon dioxide with carbon at very high temperature. At the end of this stage, the silicon or metallurgical grade silicon (MGS) is approximately 97 percent pure.

To reach a purity level suitable for semiconductor device and solar applications, the MGS goes through a purification process. This process involves the reaction of MGS with hydrogen chloride. This reaction will finally form Trichlorosilane (TCS). The distillation process is the final step in producing high quality Trichlorosilane. It concerns bringing impurities below the part-per-billion (ppb) level. The distillation process purifies liquefied Trichlorosilane at room temperature until the impurity levels are acceptable.

Last month, SunSi Energies announced that they named a new Chief Financial Officer and appointed two new independent members to the Company’s Board of Directors. After serving as a financial consultant to SunSi, Mr. Jason A. Williams has joined the Company’s management team as Chief Financial Officer (CFO). Prior to joining SunSi, Mr. Williams was President of WM Consulting LLC, a business advisory firm. In addition, SunSi appointed David Vanderhorst and Adrian Auman as independent members of their Board of Directors.

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