MERRIMACK, USA: GT Solar International Inc., a global provider of polysilicon production technology, and sapphire and silicon crystalline growth systems and materials for the solar, LED and other specialty markets, announced that it has received its largest order to date for polysilicon production equipment and technology totaling $228 million from South Korea-based polysilicon producer OCI Co. Ltd.
The production equipment will be incorporated into OCI’s new Phase 4 production facility. The order will be included in GT Solar’s backlog for its current Q1 FY12, which ends on July 2, 2011.
“OCI is a long-time valued partner and we are proud that our polysilicon production technology has been selected for their new production facility,” said Tom Gutierrez, GT Solar’s president and CEO. “We continue to drive down the cost of polysilicon production by delivering technology that improves throughput and lowers operating expense."
OCI expects to complete construction of its 20,000 metric ton Phase 4 production plant by the 4th quarter of 2012. When the plant becomes fully operational it is expected to increase OCI’s total production polysilicon capacity to 62,000 metric tons annually.
GT Solar’s polysilicon production equipment includes the industry’s most productive and energy efficient CVD reactors and a full range of technology including hydrochlorination, filament and product processing equipment to provide a complete end-to-end production solution.