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The Honolulu Advertiser
Posted on: Wednesday, February 17, 2010

Hoku Scientific expects $30M loan installment from Tianwei

Advertiser Staff

Hoku Scientific Inc. said it expects to receive a $30 million installment of loan proceeds from Tiawnwei New Energy Holdings Co. this month, allowing it to resume with certain construction work on a polysilicon manufacturing plant.

Honolulu-based Hoku said it had entered a change order with Stone & Webster Inc. allowing immediately resumption of work on certain critical path items at the Idaho-based plant.