SiC Processing GmbH: SiC Processing ensures further expansion of its capacities in China
(firmenpresse) - SiC Processing GmbH / Key word(s): Finance/
SiC Processing GmbH: SiC Processing ensures further expansion of its
capacities in China
DGAP-Media / 22.12.2011 / 15:06
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- successful signing of loan agreement
- further expansion of capacities in Baoding
Hirschau, 22nd December, 2011 - with the successful signing of a loan
agreement with DEG - Deutsche Investitions- und Entwicklungsgesellschaft
mbH, a subsidiary of the KfW banking group, on 21st December, 2011, SiC
Processing ensures the continued expansion of its production capacities in
China.
The loan with a term of 6 years has a volume of 15,000 kEUR.
The loan finances the construction of production lines 5 and 6 in Baoding
as well as one line at a new site in China, to be determined, with an
annual processing capacity of 15,000 tons each. After the completion of the
two new lines in Baoding, which are currently under construction, the plant
in Baoding will reach 90,000 tons of annual processing capacity by Q2 2012.
Please register at our website
http://www.sic-processing.com/index.php/Newsletter.html to automatically
receive the latest news of SiC Processing group.
SiC Processing GmbH
SiC Processing GmbH is the leading provider for the recovery of used slurry
from the photovoltaic and the semiconductor industry. With about 900
employees worldwide the group is located with an annual production capacity
of currently 247,000 tons per year in 5 countries all over the world.
Production sites are located in Germany, China, Norway, Italy and USA. The
founder family holds a 25% stake beside the majority shareholder Nordic
Capital Fund VII.
Press Contact:
Markus Kreuzer
Head of Marketing and Communications
Phone: 0049(0)9622 - 70 39 273
E-Mail: markus.kreuzer(at)sic-processing.de
End of Media Release
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150802 22.12.2011
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