# Hanwha Chemical signs 295.5B won polysilicon supply deal with Woongjin Energy

Hanwha Chemical signed a 5-year contract to supply 295.5 billion won worth of polysilicon to Woongjin Energy, and also invested 10 billion won in Woongjin's rights offering for an 8.04% stake.

- Type: Contract
- Announced: 2017-03-06
- Where: South Korea
- Value: $260.0M (295.5B KRW)
- Status: announced
- Products: polysilicon
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Hanwha Chemical](https://endata.com/companies/225.md)
- [Woongjin Energy](https://endata.com/companies/246.md) (customer)

## Sources

- [biz.heraldcorp.com](https://biz.heraldcorp.com/article/1257947), 2017-03-06: "한화케미칼은 6일 이사회를 열고 웅진에너지로부터 5년간 2955억원 규모의 폴리실리콘을 공급하고, 또 웅진에너지의 100억원 규모 유상증자에 투자하기로 결정했다."
- [mk.co.kr](https://www.mk.co.kr/news/business/7735232), 2017-03-06: "한화케미칼은 6일 웅진에너지에 5년간 2955억원어치 실리폴리콘을 판매하는 계약을 체결했다고 밝혔다."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.