what timing!!!!
I wonder what the following press release will do for the stock price tomorrow?
Hoku Scientific Awards Contract for Polysilicon Plant
Thursday August 24, 4:10 pm ET
KAPOLEI, HI--(MARKET WIRE)--Aug 24, 2006 -- Hoku Materials, a business unit of Hoku Scientific, Inc. (NASDAQ:HOKU - News), that is planning to manufacture and sell polysilicon for solar applications, today announced that it has awarded a contract to CH2M HILL Lockwood Greene to provide engineering and related services for Hoku Materials' planned polysilicon production plant. The total value of the contract was not disclosed
This first phase of the project, plus the balance of the engineering, procurement and construction management services (EPCM) project, will include completion of the detailed engineering design, as well as the construction and start-up of the plant.
"We're pleased to receive this strategic award from Hoku Materials and look forward to bringing our polysilicon plant design and construction experience to this important venture," said Pete Primm, President of Chemicals for CH2M HILL Lockwood Greene. "We look forward to integrating with Hoku's team on this project."
"As we take definitive steps towards executing on our polysilicon strategy, we are pleased to add CH2M HILL Lockwood Greene to our team," noted Dustin Shindo, chairman of the board of directors, president and CEO of Hoku Scientific. "They have performed projects for many of the leading polysilicon manufacturers worldwide over the past several years, and we are confident that their experience in the polysilicon industry will help us to complete this project in time to meet our company's objectives."
About Hoku Scientific, Inc.
Hoku Scientific (NASDAQ:HOKU - News) is a clean energy technologies company that develops and manufactures fuel cell membranes and membrane electrode assemblies for stationary (including residential and back-up power applications) and automotive proton exchange membrane fuel cells. The Company is currently planning to expand its business to manufacture solar modules through its Hoku Solar business unit, and polysilicon for the solar and integrated circuit markets through its Hoku Materials business unit. For more information visit www.hokuscientific.com.
About CH2M HILL
Headquartered in Denver, employee-owned CH2M HILL is a global firm providing engineering, construction, operations, and related technical services to public and private clients. With $3.8 billion in revenue, CH2M HILL is an industry leading program management, construction management for fee, and design firm, as ranked by Engineering-News Record (2005). The firm's work is concentrated in the areas of chemicals, manufacturing, pharmaceuticals & biotech, electronics, power transportation, water, energy, environment, communications, construction and industrial facilities. Recognized in 2006 as one of FORTUNE magazine's "100 Best Companies to Work For" and a "Most Admired Company," CH2M HILL has more than 18,000 employees in regional offices worldwide.
LINK TO PRESS RELEASE
by the way, my average cost is $3.491
Originally posted by peanuts
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Hoku Scientific Awards Contract for Polysilicon Plant
Thursday August 24, 4:10 pm ET
KAPOLEI, HI--(MARKET WIRE)--Aug 24, 2006 -- Hoku Materials, a business unit of Hoku Scientific, Inc. (NASDAQ:HOKU - News), that is planning to manufacture and sell polysilicon for solar applications, today announced that it has awarded a contract to CH2M HILL Lockwood Greene to provide engineering and related services for Hoku Materials' planned polysilicon production plant. The total value of the contract was not disclosed
This first phase of the project, plus the balance of the engineering, procurement and construction management services (EPCM) project, will include completion of the detailed engineering design, as well as the construction and start-up of the plant.
"We're pleased to receive this strategic award from Hoku Materials and look forward to bringing our polysilicon plant design and construction experience to this important venture," said Pete Primm, President of Chemicals for CH2M HILL Lockwood Greene. "We look forward to integrating with Hoku's team on this project."
"As we take definitive steps towards executing on our polysilicon strategy, we are pleased to add CH2M HILL Lockwood Greene to our team," noted Dustin Shindo, chairman of the board of directors, president and CEO of Hoku Scientific. "They have performed projects for many of the leading polysilicon manufacturers worldwide over the past several years, and we are confident that their experience in the polysilicon industry will help us to complete this project in time to meet our company's objectives."
About Hoku Scientific, Inc.
Hoku Scientific (NASDAQ:HOKU - News) is a clean energy technologies company that develops and manufactures fuel cell membranes and membrane electrode assemblies for stationary (including residential and back-up power applications) and automotive proton exchange membrane fuel cells. The Company is currently planning to expand its business to manufacture solar modules through its Hoku Solar business unit, and polysilicon for the solar and integrated circuit markets through its Hoku Materials business unit. For more information visit www.hokuscientific.com.
About CH2M HILL
Headquartered in Denver, employee-owned CH2M HILL is a global firm providing engineering, construction, operations, and related technical services to public and private clients. With $3.8 billion in revenue, CH2M HILL is an industry leading program management, construction management for fee, and design firm, as ranked by Engineering-News Record (2005). The firm's work is concentrated in the areas of chemicals, manufacturing, pharmaceuticals & biotech, electronics, power transportation, water, energy, environment, communications, construction and industrial facilities. Recognized in 2006 as one of FORTUNE magazine's "100 Best Companies to Work For" and a "Most Admired Company," CH2M HILL has more than 18,000 employees in regional offices worldwide.
LINK TO PRESS RELEASE
by the way, my average cost is $3.491
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