GT Advanced Technologies Books New Order for Polysilicon

New Post Public Reply Private Reply Replies (1) Message Board
GladStoneGander GladStoneGander #54
GT Advanced Technologies Books New Order for Polysilicon Production Equipment

MERRIMACK, N.H., Feb. 19, 2015 (GLOBE NEWSWIRE) -- GT Advanced Technologies Inc., (OTC:GTATQ), today announced that it has received a new order with an existing customer in Asia for equipment used in the production of Trichlorosilane (TCS) as part of the Hydrochlorination process.

The order incorporates the sale of multiple, advanced heating systems that increase the conversion of TCS in the Hydrochlorination Fluid Bed Reactor by as much as 10% over traditional conversion rates.

"We are pleased to have the opportunity to provide our customers with upgrades to their existing facilities as we continue to develop the next generation of higher efficiency TCS production equipment," said Dave Keck, vice president and general manager of GT's solar business. "Producers must operate their plants at the highest levels of productivity and efficiency to remain profitable. Our suite of polysilicon production equipment and technology enables customers to produce silicon at one of the lowest costs in the industry, which strengthens their competitive advantage."

GT Advanced Technologies Inc. (GTATQ) Stock Research Links

GTATQ Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

Understanding Recent Trends in Macy's Stock Interest Dynamics

Updated Category News Views 171

An In-Depth Look at Short Interest for Macy's Macy's Inc (NYSE: M) has observed a noteworthy increase in its short percent of float, which has grown by 11.2% since the last report. Currently, the company has approximately 25.65 million shares sold short, representing about 10.82% of the total available shares for trade. With the current trading volume, it is estimated...

Continue Reading
Man Group PLC Reports Stakes in Dowlais Group with Transparency

Updated Category News Views 173

Public Disclosure by Man Group PLC FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: Man Group PLC (b) Owner or controller of interests and short positions disclosed: This section is currently...

Continue Reading
Anticipating Forian Inc.’s Earnings: Key Insights Ahead

Updated Category News Views 111

Overview of Forian Inc.'s Upcoming Earnings Forian Inc. (NASDAQ: FORA) is on the verge of releasing its quarterly earnings, and excitement is palpable among investors. This preview provides important insights that could influence investor sentiment as the announcement approaches. Expected Earnings Performance Financial analysts have set an anticipatory earnings per share...

Continue Reading
Goldman Sachs Predicts Mortgage Rates to Stabilize at 6% in 2024

Updated Category News Views 53

Goldman Sachs Lowers Mortgage Rate Forecast Goldman Sachs has recently updated its expectations for 30-year conforming mortgage rates, setting a new outlook of 6% for the upcoming year. This marks a downward adjustment from the previous forecast of 6.5%, reflecting broader economic trends. Analysts attribute this revision to the recent Federal Reserve decision to lower...

Continue Reading
KSrelief's Historic $500 Million Pledge to Eliminate Polio

Updated Category News Views 105

Historic Initiative by KSrelief to Combat Polio In a groundbreaking announcement that resonates deeply in the realm of global health, KSrelief has pledged an astonishing USD 500 million towards the eradication of polio. This comes as a part of the pivotal $500 million initiative revealed at the starting session of an important international humanitarian forum. This...

Continue Reading