Germany-based materials manufacturer Heraeus’ Photovoltaics Business Unit is to increase production capacity at its silver paste plant in Singapore.
The company said the move was prompted by an increase in the concentration of its customer base in Asia.
Heraeus recently revealed that it was enhancing the R&D capabilities of its US production site in West Conshohocken, Pennsylvania, citing growing demand.
Pete Horan, vice president operations, said: “Ever since we built our Singapore factory we have seen increasing concentration of our customer base in Asia. I expect our paste production volume in Singapore to increase significantly over the next years.”
Andreas Liebheit, senior vice president managing the Photovoltaics Business Unit added: “Bringing even more of our production capacity close to our prominent Asian partners, our Singapore site will become even more important in the future.
“Being able to meet increasing demand at reasonable lead times is the key to success in the fast moving PV industry. Moreover this South-East Asian operation provides a perfect environment for continuous improvements in lean management throughout the entire supply chain and manufacturing process.”
PV Tech contacted the company for further detail on the expected capacity increase and likely timeframe for the expansion.