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Posted: August 3, 2010

GT Solar Receives $23.4 Million Follow-on Order from OCI for Polysilicon Production Equipment

(Nanowerk News) GT Solar International, Inc., a global provider of polysilicon production technology, and sapphire and silicon crystalline growth systems for the solar, LED and other specialty markets, today announced that it has received a $23.4 million follow-on order from South Korea-based polysilicon producer OCI Company, Ltd. for its newest SDR™ 400 CVD reactors and other equipment to support OCI's polysilicon plant expansion.
"We are pleased by the confidence OCI has demonstrated with our polysilicon production technology," said Tom Gutierrez, GT Solar's president and CEO. "The additional throughput and cost savings of the SDR 400 CVD reactor allows OCI to further enhance their cost competitiveness."
The SDR 400 reactor has proven capability of producing over 400 metric tons of polysilicon annually and continues GT Solar's leadership position for developing the most energy efficient reactors in the industry. The SDR 400 reduces power consumption by an additional 20 percent per kilogram of polysilicon produced compared to GT Solar's highly efficient SDR 300. OCI's phase 3.5 expansion is expected to be completed in October 2011.
About GT Solar International, Inc.
GT Solar International, Inc., a global provider of polysilicon production technology, and sapphire and silicon crystalline growth systems for the solar, LED and other specialty markets. The company's products and services allow its customers to optimize their manufacturing environments and lower their cost of ownership. For additional information about GT Solar, please visit www.gtsolar.com.
Source: GT Solar (press release)
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