LDK Solar Reaches Mechanical Completion Milestone for Third 5,000 MT Train at Mahong Polysilicon Plant
XINYU CITY, China and SUNNYVALE, Calif., September 28, 2011 -- LDK Solar Co., Ltd. ("LDK Solar") (NYSE: LDK), a leading vertically integrated manufacturer of photovoltaic products, today announced that the Company successfully achieved mechanical completion of its third 5,000 MT polysilicon train at its Mahong polysilicon plant.
There are three 5,000 MT trains in the 15,000 MT Mahong polysilicon plant. Mechanical completion of this third train demonstrates that LDK Solar has successfully completed the plant’s originally designed total polysilicon capacity of 15,000 MT per annum. With the extensive experience obtained from ramping up the previous two trains, the Company expects the third train will quickly ramp to reach full capacity production toward the end of 2011. The mechanical completion of the third train also enhances LDK Solar's leadership in manufacturing costs, lowers the key material supply risk and empowers LDK Solar as a leading player in the PV industry.
"Mechanical completion of the third train in the Mahong polysilicon plant is significant for LDK Solar as well as the PV industry," stated Goran Bye, President and CEO of LDK Polysilicon. "It will greatly expand LDK Solar's access to polysilicon, lower vertical integrated cost of final solar products and support our customers’ growing demands."