GT Solar Incorporated, a global provider of equipment and turnkey manufacturing solutions to the solar power industry, announced it has signed a follow-on contract, valued at approximately $200 million, to supply DC Chemical Co., Ltd. (DCC) of South Korea with polysilicon reactors.
This represents the largest single order received by GT Solar to date and is for the company’s vapor deposition polysilicon reactor.
GT said its latest technology reactor incorporates design improvements that increase reliability and boost polysilicon production by more than 30% over the previous design.
The equipment will be used by DCC to expand their facility in Gunsan, South Korea.
About GT Solar Incorporated
GT Solar Incorporated is a subsidiary of GT Solar International, and is a global provider of manufacturing equipment, technology and turnkey manufacturing solutions across the photovoltaic supply chain. Based in Merrimack, New Hampshire, (USA), the company’s products include equipment used to produce multi-crystalline solar wafers, cells and modules. GT Solar also manufactures polysilicon reactors, which allow its customers to produce polysilicon from which solar wafers are made.
About DC Chemical
DC Chemical Co., Ltd (KRX:10060) is a leading Korean chemicals producer with annual consolidated revenues of approximately $3.0 billion and engages in a wide range of disciplines, such as inorganic chemicals, petro and coal chemicals and fine chemicals. DC Chemical’s major products include carbon black, soda ash, hydrogen peroxide, sodium carbonate peroxyhydrate and pitch. As a global enterprise, DC Chemical has nurtured a strong competitive edge in various industrial fields. DC Chemical completed its 5000 mt polysilicon Phase 1 plant in December 2007 and plans to enter into commercial production in March 2008.
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