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EANS-News: centrotherm photovoltaics succeeds in silicon business: "First Silicon Out" in Taiwan

Blaubeuren (euro adhoc) -

  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
Company Information
August 17, 2010 - With the commissioning of
an additional major polysilicon production facility, centrotherm 
photovoltaics AG is further expanding its leading market position in 
Asia: the photovoltaics specialists from Blaubeuren have designed a 
high-performance production facility for Taiwan PolySilicon Corp. 
(TPSI). This manufacturing facility offers an annual production 
capacity of 5,000 tonnes with an upgrade option to 8,000 tonnes. With
successful production start-up, TPSI is commencing the largest single
major polysilicon production facility in Taiwan. The polysilicon 
quality that has already been achieved in the first production run 
exceeds levels that represent the usual standards on the markets.
For this project, TPSI is relying entirely on the development, 
technology and equipment know-how of centrotherm SiTec, which bundles
the centrotherm Group's silicon expertise. This centrotherm 
subsidiary was responsible for the entire factory planning, and 
provided the basic engineering, process know-how, and reactors and 
converters that are required for polysilicon manufacturing. The vent 
gas recovery system developed by centrotherm SiTec was also deployed.
This allows better exploitation of process gases, thereby 
significantly cutting both manufacturing costs and energy 
requirements. The environment also benefits, since harmful gases are 
removed from the production process.
Following the successful conclusion of the initial production phase, 
TPSI aims to grow further, and expand annual production capacity to 
up to 12,000 tonnes over the coming years. It should be noted by way 
of comparison that annual global solar polysilicon production volume 
is currently between 100,000 and 110,000 tonnes.
"The silicon area is a complex process, and it is positioned at the 
outset of the photovoltaic value-creation chain. Start-up investments
are always high", explains Dr. Albrecht Mozer, CEO of centrotherm 
SiTec. "This is the reason why customers place even greater emphasis 
on high-performance and reliable technologies that keep costs and 
risks low. We are proud of the confidence that our customers invest 
in us in this area, and we wish to continue to cultivate this 
confidence on a daily basis." centrotherm SiTec commands a market 
share of around 40 percent for the key equipment items of reactors 
and converters for solar silicon manufacturing, and a still higher 
market share for complete factory design.
About centrotherm photovoltaics AG centrotherm photovoltaics AG, 
which is based at Blaubeuren, is one of the world's leading 
technology and equipment providers for the photovoltaics sector. The 
company equips well-known solar companies and new sector entrants 
with turnkey production lines and single equipment to manufacture 
silicon, crystalline solar cells and thin film modules. As a 
consequence, the Group possesses a broad and well-founded 
technological basis, as well as key equipment at practically all 
steps of the photovoltaics value-creation chain. centrotherm 
photovoltaics guarantees its customers important performance 
parameters such as production capacity, efficiencies, and completion 
deadlines. The Group employs over 1,300 staff members, and operates 
in Europe, Asia and the USA. In the 2009 financial year, centrotherm 
photovoltaics achieved revenue of EUR 509.1 million, and EBIT of 
EUR 37.2 million. The company is listed in the TecDax of the 
Frankfurt Securities Exchange.
end of announcement                               euro adhoc

Further inquiry note:

Saskia Schultz-Ebert
Senior Manager Investor Relations
Tel: +49 7344 918-8890
E-mail: saskia.schultz-ebert@centrotherm.de

Dr. Torsten Knödler
Manager Public Relations
Tel: +49 7344 918-8898
E-mail: torsten.knoedler@centrotherm.de

Christina Siebels, Britta Cirkel
HOSCHKE & CONSORTEN Public Relations GmbH
Tel: +49 40 3690 50-58 /-56,
E-mail: c.siebels@hoschke.de; b.cirkel@hoschke.de

Branche: Energy
ISIN: DE000A0JMMN2
WKN: A0JMMN
Index: TecDAX
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade

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