LDK Solar Co., Ltd. , multicrystalline Solar wafers, and the leading manufacturer of PV products announced today a $ 35 million investment to establish the new production lines to produce Silane gas plant the Mahong-CityJiangxi province, to provide the maximum of Xinyu to 2.000 MT in order to meet the growing demand of Silane gas, semiconductor, solar and flat panel display industry. LDK Solar expects to begin the construction of this new factory in the third quarter of 2011 and 2012 to achieve mechanical completion of the first quarter. Commercial production is planned to commence in 2012, the second quarter.
“We are very pleased with our business of Silane, semiconductors, flat panel display and solar industry to capture the growing demand in Asia,” said Peng Xiaofeng, Chairman of the Board and Chief Executive Officer, LDK Solar.
“We believe this new investments in Silane gas production is a great synergy manufacturing expertise to LDK Solar, LDK Solar polysilicon and improve their offerings for the product in the long term. Is a growing demand in China, the Silane, but is not a domestic supplier. “
“We have the opportunity to take advantage of existing technologies and Trichlorosilane (TCS) to reduce capital expenditure in relation to the production of resources, as well as the extremely attractive, with a view to achieving the manufacturing costs. We believe that the LDK Solar is a competitive advantage as the home country of the Silane gas needs, which will provide the first-mover “is added by the President of the United States, and Goran Bye, Executive Director of the LDK and Silicon chemical business unit.