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DuPont, Yingli Green Energy in $100M Solar Deal

DuPont and the Chinese subsidiary of Yingli Green Energy Holding Co. Ltd. said Monday that they agreed on a $100 million deal to boost the supply of solar-energy materials.

NEW YORK (AP) — DuPont and the Chinese subsidiary of Yingli Green Energy Holding Co. Ltd. said Monday that they agreed on a $100 million deal to boost the supply of solar-energy materials.

Yingli will buy materials from E.I. du Pont de Nemours and Co. such as special pastes and polyvinyl films used in solar modules.

The agreement was signed at a ceremony in Washington that was organized by the U.S. Commerce Department and China's government.

DuPont shares fell 14 cents to close at $50.60, while Yingli's lost 5 cents to close at $5.29.