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 | METALLKRAFT | The wafer cutting process, a crucial step in the production of solar panels, requires large amounts of cutting slurry. The slurry consists of abrasive silicon carbide particles and glycol, and is quickly polluted during the cutting process by silicon dust, metal particles from the saw wire and water.
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| Staff Reductions in Kristiansand | NorSun Årdal, Metallkraft Kristiansand's main customer, changes its process by year-end and has no longer a need for Metallkraft's slurry services. As the general market for PV is difficult, with severe cutbacks in the European wafer manufacturing, Metallkraft is not able to find a replacement customer. Consequently, Metallkraft is forced to close the production in Kristiansand, affecting 21 employees with effect from March 1st 2012 onwards. This is highly regrettable, particularly as the Kristiansand plant has a high productivity and a record of uninterrupted and consistent production every year since production started in 2008. Press release
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| Metallkraft at 26th EUPVSEC | Oslo, August 19th 2011 Metallkraft invites you to visit our booth C7 located in hall B4G at the EUPVSEC exhibition in Hamburg. This year the event takes place September 5th-9th and we look forward to meeting both new and existing partners and friends within the solar PV industry. To make an appointment please call +4790526378 or send an e-mail to ronny.schumann@metallkraft.no.
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| Management Changes | Kristiansand 22.6.2011
Effective from today, Øyvind Mølmann takes over as CEO for Metallkraft after Gunnar Kulia. As Øyvind Mølmann takes over the CEO position, Mr. Steffen J. Sagafos joins Metallkraft as new CFO, starting August 1st. Mr. Sagafos is 56 years old and holds a Bachelor in Business Administration. He has been a CFO and CEO within the IT, telecom, and offshore industries, and it is a pleasure to welcome him as a member of the Metallkraft Management Team.
With this we complete the management changes initiated by Gunnar Kulia’s expressed wish, earlier this year, to resign in order to pursue other interests following five productive and intense years as CEO of Metallkraft.
We use this opportunity to wish all our partners a great summer, and Gunnar Kulia all the best in his new venture!
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| Metallkraft gründer receives award | Kristiansand 26.5.2011
Metallkraft's founder Dr. Knut Henriksen received yesterday Elkem Research Fund's coveted Innovation Award worth NOK 50,000. Last year's recepient was Prof. Otto Lohne at NTNU, and this year's award was given in recognition of Dr. Henriksen's work in developing a technology for recycling spent wafer cutting slurry.
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| Metallkraft at SNEC Shanghai 2011 | Shanghai 25.2.2011
Metallkraft thanks new and old contacts for their overwhelming interest in our exhibition at this year's SNEC fair in Shanghai. We look forward to meeting you all again!
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| Environmental Award to Metallkraft | Yangzhou 24.1.2011
The Metallkraft process is a non-polluting alternative to processes based on extensive use of chemicals. In recognition of this the Yangzhou Industrial Development Zone has given Metallkraft Yangzhou a prestigious award during a ceremony attended by officials and industrials from the Jiangsu Province.
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| Metallkraft Equity Expansion | Kristiansand 18.1.2011
Metallkraft has successfully raised NOK 85 million (EUR 11 mill) in new share capital among existing shareholders. The expansion strengthens further Metallkraft’s ability to take advantage of the rapid growth in the vast Chinese market for slurry recycling.
Read more here |
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| New R&D Staff | Kristiansand 4.1.2011
Terje Halvorsen has joined Metallkraft in a position as Senior Specialist in the R&D Department. Terje comes from Elkem Solar where he worked with maintenance and operation in the areas of solidification and post treatment of Elkem Solar Silicon®. Before his employment with Elkem Solar, Terje had various positions within R&D and operations in Dyno Nobel. Terje graduated from the University of Trondheim (NTNU) and holds a Master of Science degree in Industrial chemistry from 1994.
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| Singapore Opening | Singapore 1.11.2010
The spectacular official opening of Metallkraft Singapore took place this morning and was attended by Metallkraft's Guest of Honour Mr. David Tan from JTC, the Norwegian Ambassador to Singapore, Ms. Janne Julsrud, as well as guests from REC, key suppliers and other representatives.
Whereas Metallkraft Singapore has been in regular supply to REC since April the ceremony gave Metallkraft employees from Singapore and the company's other sites an excellent opportunity to meet in a relaxed setting and to rejoice and reflect together on this important moment in the company's history.
See more photos here and video can be viewed here
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| Metallkraft at DIREC 2010 | New Delhi 29.10.2010
This year's DIREC in New Delhi was the second of its kind, and demonstrated clearly the strong growth in the Indian PV industry. Metallkraft met both new and exisiting contacts and got a good overview of the exciting and rapidly expanding Indian market. We thank our many guests for their interst in Metallkraft, and the Norwegian Embassy and Innovation Norway for the hospitality and friendship shown us during DIREC 2010.
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| EUPVSEC in Valencia 2010 | Valencia 9.9.2010
Metallkraft thanks all existing and new partners and friends for their interest in our presentations during the EUPVSEC fair in Valencia this week.
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| New Metallkraft Trainee | Kristiansand 16.8.2010
Metallkraft continues its successful trainee program by welcoming Helle Fossheim to its R&D Department. Helle is a 2010 graduate of the Norwegian University of Science and Technology, where she holds a Master of Science degree in materials technology. In addition to her tasks in the R&D field Helle will have ample opportunity to acquaint herself with the entire range of Metallkraft operations.
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| Metallkraft at Expo 2010 in Shanghai | Shanghai 28.5.2010
Metallkraft invited customers and partners for a two-days program full of business and cultural events. The occasion was the celebration of Norway Day at the Expo 2010 in Shanghai, taking place with H.R.H. Crown Prince Haakon as the guest of honor.
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| Norwegian PV Industry in Yangzhou | Yangzhou 26.5.2010
A distinguished group of people, representing a wide range of Norwegian PV companies, suppliers to the industry, and research and education institutions, visited Yangzhou today. The delegation was shown around the factories of Metallkraft, JA Solar, Jiangsu Shunda and CSL. The delegation was also invited to a lavish lunch hosted by Director Ji Yun Feng of the Yangzhou Economic Development Zone.
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| | Kristiansand 24.5.2010
Metallkraft's latest Annual Report is now available to shareholders and others interested in an update on the company's performance. A pdf-version is available under "Investor Releations". This year's Annual Report includes an evaluation of the market for slurry recycling in addition to the customary financial data.
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| Energy Minister to Metallkraft | Kristiansand 19.5.2010
The Norwegian Minister of Petroleum and Energy Mr. Terje Riis-Johansen led a delegation of high-ranking politicians and administrators on a visit to Metallkraft in Kristiansand this morning. Next week the Minister and Metallkraft meet again in Shanghai, and this visit served as a good preparation for next week's energy seminar at EXPO 2010.
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| Visit Metallkraft at SNEC PV Power in Shanghai | Shanghai, 28.4.2010
We welcome all new and existing friends to visit us at Booth TF2048 in Hall W9 at the SNEC PV Power exhibition in Shanghai May 5th-7th. This year's exhibition takes place at the Shanghai New International Expo Center, 2345 Long Yang Road, Pudong District, Shanghai.
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| Singapore Delivers to REC | Singapore 9.4.2010
Metallkraft's Singapore factory has been working hard over the past several months to complete the installation and commissioning of the first phase of the processing facility in preparation for commercial operations. March was a productive month, with significant volumes of slurry successfully processed. We are happy to announce that commercial deliveries of SIC and PEG to REC will begin in week 15. Pictured above are key members of the Singapore Operations team and the Installation and Commissioning team. These first deliveries mark the beginning of commercial operations in Singapore, and we now look forward to a successful ramp to full-volume production.
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| Career Day in Kristiansand | Kristiansand 18.3.2010
The annual Career Day at Agder University in Kristiansand was used as an opportunity to present various job opportunities in Metallkraft. The event was attended by several thousands student and alumni and Metallkraft was one of around 80 exhibitors. Read our Career Opportunities page for more information on the open positions.
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| Metallkraft Volunteers for Trees | Yangzhou 08.03.2010
Today staff from MK Yangzhou participated in a city wide tree planting campaign as part of Yangzhou’s on-going environmental awareness program. Together with the local neighborhood committee in one of the city’s less affluent areas MK staff was happy to set a good example planting trees at a kindergarten and school, to the loud acclaim of local children and adults alike.
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| Successful Metallkraft Convertible Bond Issue | Kristiansand 4.2.2010
Climate Change Capital Private Equity, a EUR 200 mill fund dedicated to investments in clean technology companies, has led a convertible bond issue of NOK 140 mill in Metallkraft. The fund subscribed for NOK 85 mill (EUR 10.3 mill) of the NOK 140 mill (EUR 17.0 mill) total issue alongside existing shareholders and other investors.
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| Minister of Trade to Yangzhou | Yangzhou 12.1.2010
Trond Giske, the Norwegian Minister of Trade and Industry, headed a delegation of Norwegian officials visiting Metallkraft's plant in Yangzhou today. The Minister was given an introduction to the Metallkraft process and had the opportunity to meet many of the plant's more than 50 employees, before attending a lunch hosted by the Yangzhou city authorities.
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| Metallkraft on the Road | Somewhere in Norway 11.1.2010
On an ice cold but sunny Monday morning Metallkraft's newest acquisition completed its first trial round on the road. This transport unit, a dedicated tank/pallet semi-trailer, increases further Metallkraft's ability to serve NorSun in Årdal in a timely manner.
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| Metallkraft at Expo 2010 | Shanghai 2.12.2009
On December 2nd Metallkraft participated at the official roof topping ceremony for the Norwegian pavilion at Expo 2010 in Shanghai. The ceremony took place under the auspices of high-ranking Chinese and Norwegian officials, and under the motto "Powered by Nature" the Norwegian pavilion will serve as an important meeting point for Sino-Norwegian interests during the upcoming event. The Chinese hosts have created an impressive venue for Expo 2010, strategically located at the edge of the Huangpo river, right at the heart of bustling Shanghai.
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| Accident in Yangzhou | Yangzhou 7.10.2009
A fatal accident, involving an externally employed maintenance worker, took place last week in Yangzhou. Metallkraft employees and management have received the information of his subsequent death with sadness. We extend our deepest sympathy to the worker's family. |
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| 24th EUPVSEC in Hamburg | Hamburg 24.9.2009
Located right at the heart of the fairground, Metallkraft's booth attracted many visitors at this year's EUPVSEC in Hamburg September 21st-24th. Together with our partner Landteknikk, Metallkraft welcomed old and new friends and partners for informal exchanges on wafer slurry recycling and distribution.
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| New Factory Manager | Kristiansand 20.8.2009
Roy Thorbjørnsen joins Metallkraft on September 1st 2009 taking over as Factory Manager for the company’s factory in Kristiansand. Mr. Thorbjørnsen (55) has broad experience as Site Management and Maintenance Manager from companies such as Hunsfos, Alloc and Høie. He replaces Jan Hindersland who takes on the position as Senior Process Engineer in Metallkraft.
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| NHO Conference 2009 | Oslo 19.8.2009
At the "Småtinget 2009", the annual SME conference arranged by The Confederation of Norwegian Enterprises, Metallkraft was given extensive coverage. The occasion was the company's nomination for the 2009 Job Creator Award, and the event was attended by leading Norwegian politicians together with the CEOs of more than 600 small and medium sized businesses.
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| Visit from Singapore | Kristiansand 18.8.2009
Kar Liang Lau (38) and Wee Meng Chua (34) visited the Headquarters of Metallkraft in Kristiansand this week. They recently joined Metallkraft Singapore as Process Managers, with the direct responsibility for the work shifts. During the visit to Norway they will cover a range of technical areas and learn from the operations in Kristiansand.
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| Metallkraft Nominated for Award | Oslo 3.8.2009
NHO, the Confederation of Norwegian Enterprises, has nominated Metallkraft AS for the 2009 Job Creator Award 2009. Metallkraft has been selected among three finalists by a jury composed of Johan H. Andresen jr, Jorun Pedersen and Thomas Heyerdahl.
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| Capricorn Invests in Metallkraft | Kristiansand 29.7.2009
Capricorn Venture Partners announced today that it has doubles its investment in Metallkraft. The Capricorn Cleantech Fund, domiciled in Leuven, Belgium, has acquired an additional 500,000 newly issued shares in Metallkraft under the company's on-going share expansion program. This transaction increases CCF's ownership in Metallkraft to 7%, doubling its initial investment from December last year. |
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| Investinor Invests in Metallkraft | Kristiansand 12.6.2009
Under the on-going share expansion programme the Norwegian investment fund Investinor has bought new Metallkraft shares for NOK 66 mill (EUR 7.5 mill) giving them an ownership share of 7 % in the company. At the same time it is announced that Investment Director Helle Moen joins the Metallkraft Board of Directors. |
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| Distinguished Visitors to Metallkraft | Kristiansand 2.6.2009
A distinguished group of Chinese visitors, led by the Yangzhou Mayor Ms. Wang, visited Norway and Metallkraft on June 1st and 2nd. Accompanied by Mr. Ni, the CEO of Jiangsu Shunda, and a large delegation from the Yangzhou Government, Ms. Wang was received by the Vice Mayor of Kristiansand, and together they signed a declaration of friendship between the two cities. In the evening on June 2nd Ms. Wang hosted a dinner in Oslo attended by the Chinese Ambassador H.E. Ms. Gao and the leadership of the Norwegian solar industry.
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| Annual Report 2008 | Kristiansand 1.6.2009
Metallkraft AS' 2008 Annual Report has been published in connection with the company's annual shareholders' meeting. Below you will find a link to the full version of the report.
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| Metallkraft Yangzhou Open for Business | Yangzhou 21.4.2009
In the presence of the Mayoress of Yangzhou, the Yangzhou Party Secretary, the Norwegian Ambassador to China, our customer Jiangsu Shunda, prospective customers, and other distinguished guests from China and abroad, Metallkraft Yangzhou opened officially today following a period of regular and successful production!
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| Regular Production in Yangzhou | Yangzhou 31.3.2009
The Metallkraft employees in Yangzhou, headed by General Manager Xie Chunhua, are proud to announce that the first regular shipment of recovered silicon carbide and poly-ethylene glycol has taken place. Metallkraft's customer, Jiangsu Shunda in Tianshan, has received the product and starts wafering in close co-operation with Metallkraft's on-site R&D staff.
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| Metallkraft Full EPIA Member | Brussels 11.2.2009
Metallkraft has become a full member of the European Photovoltaic Industry Association (EPIA), and is the only European slurry recycler having this status. EPIA is the world's largest industry association devoted to the solar photovoltaic electricity market. The association aims to promote PV at national, European and worldwide levels and to assist its members in their business development in both the European Union and export markets.
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| Metallkraft Receives Award | Oslo 4.2.2009
At a ceremony in Oslo on February 4th Metallkraft received the coveted “Energigründerprisen 2009” (Energy Founder Award 2009), an award that is sponsored by EBL (Norwegian Electricity Industry Association), Enova SF, Forskningsrådet (The Research Council of Norway), Gassnova SF, Innovasjon Norge (Innovation Norway), Norsk Industri (Federation of Norwegian Industry) and NVE (Norwegian Water Resourcse and Energy Directorate). The Award Committee chose Metallkraft in order "to recognize and reward persistent and diligent achievements in developing viable solutions in the area of energy efficiency and renewable energy sources."
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| Metallkraft Meets Students | Kristiansand 30.01.2009
Yesterday, Metallkraft met the students at Kristiansand's University of Agder, and was able to promote the company as an exciting choice for future employment. The Metallkraft Trainees Monica Moen and Kamilla Hovd manned our stand at the annual job fair and were inundated by questions and requests for additional information. It is obvious that a career in the solar business is attractive to many students!
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| Capricorn Buys Into Metallkraft | Kristiansand 19.12.2008
A fund managed by Capricorn Venture Partners NV has purchased 500,000 shares, an investment of NOK 33 million (EUR 3.5 mill), in Metallkraft AS, representing an over-subscription of the recent share issue in the company. Capricorn is a Belgium-based independent pan-European manager of venture capital funds that invest in innovative European companies with technology as competitive advantage. |
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| Metallkraft Yangzhou Completed | Yangzhou 8.12.2008
Construction work on the Metallkraft Yangzhou plant has been completed. The design of the main building with office block and workshop distinguishes itself through the use of modern design elements such as transparent building materials. The process installation is on-going and the plant starts regular production in February 2009.
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| Black River Invests in Metallkraft | Kristiansand 5.12.2008
A fund managed by Black River Asset Management LLC, an independently managed subsidiary of Cargill Inc, has invested approximately NOK 85 million in the latest share issue by Metallkraft. Black River Asset Management is a global asset management company that provides sophisticated institutional investors with alternative investment opportunities. Metallkraft's shareholder base now includes both Nordic and international investors.
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| Metallkraft Nominated for Engineering Award | Kristiansand 10.11.2008
Metallkraft AS has been nominated for the Norwegian 'Årets Ingeniørbragd' (Engineering Feat of the Year) to be awarded later this year. In this connection both Dr. Knut Henriksen and Managing Director Gunnar Kulia have been interviewed in the latest issue of Teknisk Ukeblad.
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| Metallkraft Nominated for Fast 500 Award | London 29.10.2008
Metallkraft has been nominated for the prestigious Deloitte Global Technology Fast 500 Award 2008. The award ceremony takes place at the Lord's Cricket Grounds on Tuesday November 25th. |
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| Metallkraft Fully Financed | Kristiansand 03.10.2008
Metallkraft AS has succeeded in raising NOK 180 million (EUR 22 million) in a share issue, managed by SEB Enskilda in Oslo, targeting existing and new investors. With this subscription Metallkraft, together with loan financing from Nordea Bank, rounds off the financing of its venture in Singapore, where it is scheduled to build a facility with an annual capacity of 40,000 tons spent cutting liquid, servicing REC ScanWafer’s newest wafer plant with recycling services. Existing shareholders signed up for around 50% of the NOK 180 million (EUR 22 million) share issue, and the remainder was raised among global institutional investors with a special interest in the energy sector. Read more in our Press Coverage section.
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| Metallkraft at Scan REF | Oslo 23.09.2008
Metallkraft participates at the 1st Scandinavian Renewable Energy Conference at Lillestrøm, Norway on October 1st-2nd. While speaking at 12.10 on October 2nd, Commercial Director Ronny Schumann welcomes appointments for informal discussions at any time during the event.
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| 5th CISMEF | Guangzhou 22.09.2008
H.E. Tormod C. Endresen, Consul General of Norway in Guangzhou, is interviewed by Guangdong Television at the 5th CISMEF trade fair. Main topics discussed were technologies offered by Metallkraft and other Norwegian companies, and the relevance of this know-how for solving some of the many environmental challenges facing China.
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| Dr.Eidet in Teknisk Ukeblad | Kristiansand 17.09.2008
Dr. Trygve Eidet, and Metallkraft, receives favorable coverage in the latest issue of the leading Norwegian technical magazine Teknisk Ukeblad. The article outlines the potentially huge benefits of silicon recovery, both from existing and future slurry recovery plants. Read the whole article in our press coverage section.
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| Metallkraft at 23rd EUPVSEC | Valencia 02.09.2008
Metallkraft is well represented at the 23rd European Photovoltaic Solar Energy Conference and Exhibition in Valencia September 1st-5th. Visit us at M23 in the Mall area, or make an appointment for an informal exchange with our technical or commercial staff. We look forward to welcoming you!
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| Metallkraft Trainee Program | Kristiansand 15.8.2008
Metallkraft launches its new trainee program and welcomes its first participant, Kamilla Hovd from Kristiansand. Kamilla graduated from the University of Agder this summer with an outstanding MBA degree, and starts her career in Metallkraft in the Finance and Accounting Department. She will also assist in the Sales and Marketing Department, taking on a variety of challenging tasks.
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| New Sales Manager | Kristiansand 1.8.2008
As of August 1st Harald Andersen takes on the responsibility for global logistics and specialities sales at Metallkraft AS. Harald comes from the position as Plant Manager in Kristiansand and has intimate knowledge of the products and their application. He holds an MBA from NHH in Bergen and has wide experience from managerial positions in Statoil and Markedsskraft. He joined Metallkraft AS in March 2006.
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| Metallkraft Appoints Singapore GM | Kristiansand 26.06.2008
Metallkraft has appointed Mr. Eric Esser (39) to serve as General Manager of the plant to be built in order to serve REC in Singapore. Mr. Esser joins Metallkraft from the position as General Manager of Molecular Devices Shanghai, Ltd. In his previous position Mr. Esser successfully concluded a greenfield project in China to build a 100-person, USD 60 mill manufacturing operation. Mr. Esser holds a degree from the DeVry Institute of Technology in Dallas, Texas. He joins Metallkraft in a full-time position as of October 1st 2008, but is available on a part-time basis already from July 1st onwards.
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| Metallkraft Signs with REC Wafer | Oslo 19.6.2008
Metallkraft has entered into a six-year agreement with REC Wafer for slurry recovery at REC’s new 1 GW Singapore plant. The contract has a value of around NOK 1 billion and represents a major breakthrough for the Metallkraft technology. Read more about this agreement in the attached press release.
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| Metallkraft Yangzhou Appoints GM | Yangzhou 9.6.2008
Xie Chunhua (45), from Shanghai, China, has been appointed General Manager of Metallkraft Yangzhou Co.,Ltd. Mr. Xie joins Metallkraft from the position as General Manager in Qinzhou Dayang Cereals & Oils Co., Ltd. He holds a Master of Management degree from Fudan & Norwegian School of Management, and a Doctor of Business Administration degree from South Pacific University. He has previously worked 6 years with GE Healthcare in Shanghai as Deputy Plant Director and Regulatory Affairs Director. In his previous appointments Mr. Xie has distinguished himself by generating excellent financial results and successfully setting up new manufacturing sites in China for foreign owners.
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| New Plant Manager in Kristiansand | Kristiansand 08.06.2008
Jan Hindersland has been appointed Plant Manager at Metallkraft's factory in Kristiansand as of August 1st 2008. Jan has a distinguished background from positions in a.o. GE Healthcare. Jan replaces Harald Andersen who has been appointed to a senior sales position with particular responsibility for global logistics and sales of specialities.
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| Contract with NorSun | Kristiansand 30.5.2008
Metallkraft and NorSun today signed an agreement on recovery of spent cutting fluids from NorSun’s solar wafer manufacturing plant in Årdal, Norway. The contract, with an estimated value in excess of NOK 100 million, has an initial duration of four years.
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| Shanghai SNEC PV Fair | Shanghai 12.5.2008
The SNEC 2nd International Photovoltaic Power Exhibition was a great success, and gave Metallkraft an excellent opportunity to greet existing and new friends in China.
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| Groundbreaking Ceremony | Yanghzou 26.2.2008
On March 1st Metallkraft Yangzhou hosts a Groundbreaking Ceremony on the terrain of the future recycling factory. Headed by H.E. the Norwegian Consul General in Shanghai the Norwegian delegation looks forwarding to welcoming a distinguished Chinese delegation headed by the Mayor of Yangzhou.
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| Metallkraft Yangzhou | Kristiansand 22.12.2007
We offer you a sneak preview of our new plant under construction in Yangzhou, China. The production hall, tank farm and utilities buildings to be completed by the end of 2008 are highlighted, whereas the shaded structures indicate the space available for further expansion.
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| Share Expansion | Kristiansand 3.12.2007
Today the deadline was reached for participating in an invitation-only share expansion in Metallkraft AS. The company aimed initially at raising NOK 100 million. This was then increased and by the deadline new and existing shareholders have altogether signed on for a capital expansion exceeding NOK 200 mill. At NOK 85 per share this prices the company at more than NOK 600 million, pre-expansion. Among the existing shareholders all the major ones signed up proportionally to their current holdings. Major new investors include the Norwegian companies Rasmussengruppen, Spencer Energy, Nexus Capital and Skeie Capital Investment. |
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| Metallkraft Receives Award | Oslo 28.11.2007
Metallkraft won the prestiguous Commercialization Award during a ceremony hosted by Innovation Norway in the Oslo Concert Hall this evening. The award, which also includes a prize of NOK 200,000, was won in competition with highly deserving co-nominees. (Photo: Kjetil Svorkmo Bergmann / Innovation Norway)
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| Metallkraft Signs Agreement with NorSun | Oslo 23.11.2007
Metallkraft entered today into an agreement with the Norwegian ingots and wafer producer NorSun AS, a company in the Scatec Group. The agreement comprises a complete slurry mixing and distribution system that Metallkraft will supply to NorSun’s new factory in Årdal. The mixing and distribution system supplied to NorSun is state of the art equipment with all components made from high-grade stainless steel. The main components are supplied and installed by Metallkraft’s partner Landteknikk AS. Landteknikk is a major supplier of engineering services, processing plants and equipment to the Scandinavian dairy, brewery and pharmaceutical industry. The complete system, including storage tanks, mixing unit and distribution network will be ready for operation in May 2008.
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| Metallkraft Signs Long-Term Contract with Jiangsu Shunda | Yangzhou 31.10.2007
Today, Metallkraft announces that it has signed a commercial contract with Jiangsu Shunda Semiconductor Development Co., Ltd. for SiC slurry recovery. The contract has a value of around USD 20 million during the first full year of operations. Metallkraft has, in order to serve the needs of Jiangsu Shunda, also entered into an agreement to build its first Chinese factory in the Yangzhou Economic Development Zone.
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| Metallkraft Builds Factory in China | Yangzhou 31.10.2007
In order to meet its contractual obligations towards Jiangsu Shunda Metallkraft has decided to build its first plant in China in the city of Yangzhou in Jiangsu Province. An excellent site has been selected within the Yangzhou Economic Development Zone, a site that has been allotted for Solar PV development. The plant will be expanded in several stages and will reach a capacity of 80,000 mt spent slurry within a few years.
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| The Milano PV Fair | Kristiansand 10.9.2007
We at Metallkraft wish to thank the many customers, partners and new friends who visited us on our stand at the 22nd European PV Conference in Milano last week!
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