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Sinomec

GCL-Poly says staff at state company gave misleading responses to investigation into problematic pre-payment

“Junior” figures at state-owned Sinomec Refinery & Chemical Corp told investigators from then-GCL auditor Deloitte that most of an advance payment made for a granular silicon plant had been passed on, in a bid to dissuade GCL from halting the EPC contract, the solar manufacturer said on Friday.

China’s Sinomach Group plans solar module factory in Moldova

The Chinese industrial conglomerate intends to take advantage of the fiscal incentives offered by the local government for industrial projects.

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