Meyer Burger concludes a contract for wire saws for over CHF 30 million with an option for further saws with a volume over CHF 30 million from Konca Solar (Wuxi) Ltd in China. In the course of Konca Solar’s planned expansion of their production capacity from today 135 Megawatt to 300 Megawatt in 2009 the wire saws of Meyer Burger will secure the manufacturing of high grade quality solar wafers. The delivery of the wire saws shall take place in stages. The first shipment is scheduled beginning in the first half year of 2009. In the second half year of 2009 the delivery will be completed. This new contract is a follow-up contract and confirms the successful business partnership between Konca Solar Ltd and Meyer Burger.
Meyer Burger Technology AG (SWX Swiss Exchange: MBTN) announced today that the company had successfully concluded a follow-up contract with Konca Solar (Wuxi) Ltd. to supply high tech wire saws as part of their production capacity expansion plan. The contract volume amounts to more than CHF 30 million with an option package of another approx. CHF 30 million. The delivery of the wire saws will start from 1st half of 2009, with completion in the 2nd half of 2009. In June 2005, Meyer Burger and Konca Solar have signed the very first contract for wire saws. Over the course of the past years further cutting systems have been sold and delivered to Konca Solar. The headquarters of Konca Solar Ltd are located in Yanqiao Town, Huishan Economic Development Zone, Wuxi, Jiangsu Province in China.
The wire saws will secure Konca Solar’s plan to extend the production capacity of today 135 Megawatt to 300 Megawatt in the course of 2009. This follow-up contract is independent from all previous contracts. For Meyer Burger this contract confirms that the company’s strategy and the product portfolio are highly qualified to satisfy the needs of its clients worldwide.
Meyer Burger will continue in its endeavours to provide Konca Solar Ltd accurate high tech cutting and slicing systems for automated and integrated solar manufacturing systems. Based on the core values faith, innovation and people we are looking forward to support Konca Solar in their mission statement to become one of the leading high grade solar wafer manufacturers in China.
For further information, please contact:
Werner Buchholz, Head of Corporate Communications
+41 33 439 05 06 - w.buchholz@meyerburger.ch
About Meyer Burger Technology Ltd
www.meyerburger.ch
Meyer Burger Technology Ltd is a leading and globally active technology group for innovative systems and processes for cutting and handling crystalline and other high-grade materials.
The machines, competences and technologies of the different companies in the group are used in the solar industry (photovoltaics), semi-conductor and optical industry. The thinnest wafers made from silicon, sapphire or other crystals are required in these three markets to manufacture solar modules, switching circuits or high-performance LEDs. The group’s core competencies are made up of a whole range of production processes, machines and systems that are used within the value chain in the manufacture of high quality wafers. The comprehensive range of products is complemented by a worldwide service network with wear and tear parts, consumables, re-grooving service, process know-how, servicing, after-sales service, training and other services. As a globally active company, the group is represented in Europe, Asia and North America in the respective key markets.
Meyer Burger has its headquarters and the production facility of Meyer Burger Ltd in Switzerland, while the new group companies, Meyer Burger Automation GmbH, Hennecke Systems GmbH and AMB Apparate + Maschinenbau GmbH, have their headquarters and production facilities in Germany. The group also has subsidiaries in China and Japan, and service centres in Germany and the Philippines, which are all represented by its own staff on-site. In Taiwan and the USA, Meyer Burger works with independent sales and service partners that are part of Meyer Burger’s global service network. In other important countries the company relies on selected independent agents. Meyer Burger generated net sales of CHF 208 million in fiscal year 2007 and employs more than 450 staff worldwide as of February 2008.
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080908_EN_MM_Konca.pdf
