Further expanding its presence in the solar PV industry, SiC Processing has successfully closed several contract negotiations. Boosted by the recent SNEC PV Power Expo 2011, which was held in Shanghai, the company has signed off on three separate deals.
SiC Processing’s contract negotiations with the three Chinese wafer producers include the delivery of five further production lines for recovering and recycling used sawing suspension, with a total capacity of 75,000 tons per year. This equates to a total investment of approximately €45 million.
With these new contracts, SiC Processing enhances its market share of 40% worldwide, strengthening its position as market leader for the recovering and recycling of used sawing suspension.
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“We are very glad and proud about the positive development of SiC Processing and want to thank all our customers for trusting in our technology and know-how,” said Thomas Heckmann, chief executive officer at SiC Processing.