With significant ingot and wafer capacity expansions, notably underway in Asia, the demand for slurry recycling is working in tandem. With a claimed 40% market share, SiC Processing is raising €100 million via a bond issue to further expand operations in Asia and other regions.
SiC Processing saw sales increase 54% in 2010 to €160 million, compared to the previous year.
This article requires Premium SubscriptionBasic (FREE) Subscription
Already a subscriber? Sign In
Try Premium for just $1
- Full premium access for the first month at only $1
- Converts to an annual rate after 30 days unless cancelled
- Cancel anytime during the trial period
Premium Benefits
- Expert industry analysis and interviews
- Digital access to PV Tech Power journal
- Exclusive event discounts
Or get the full Premium subscription right away
Or continue reading this article for free
“We as a technology leader in a future-oriented industry and are very well set-up for the future,” said Thomas Heckmann, founder and CEO. “Especially in the booming markets of Asia, we are in the coming years to successfully grow further.”
Nordic Capital Fund VII acquired a majority stake in SiC Processing in June 2010.
