April 27, 2024

Hanwon OCI adds $33 million to expand GT Advanced's latest SDR reactor

GT Advanced recently announced that South Korean polysilicon producer OCI Company, Ltd. has decided to use GT Advanced's latest generation SDRTM reactor for the fourth phase of the expansion project, which adds $33 million to existing orders. New orders, at this point, the original order value from OCI polysilicon production equipment and technology increased to 269 million US dollars.

The new $33 million order will be included in the GT's 2012 second quarter reserve order as of October 1, 2011.

OCI is currently one of the world's three largest polysilicon producers, all of which are based on GT's SDR reactor. After the completion of the fourth phase of the OCI expansion project, the annual production capacity of the plant will increase by 20,000 metric tons to 62,000 metric tons.

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