Located in Tuas, the Heraeus Asia Center will specialise in a full suite of end-to-end services driven by the Photovoltaics Business Unit, comprising research and development, sales and technical services, to support the fast-growing Asia Pacific demand for solar cell products. The increased manufacturing capacity out of Singapore will also bolster future market growth globally, alongside the companys three other regional facilities in China, Germany and the United States.
The establishment of Heraeus new Asia Center in Singapore will bring close proximity of its services to more customers in the region, ensure quick responsiveness to meet their needs and help bring customers products to market more quickly and cost-effectively. This latest addition to the global Heraeus network is expected to bring a new dimension in high-value manufacturing to Singapore.
The Heraeus Asia Center will be capable of producing by 2014 enough silver paste for cell output of 20 gigawatts of Power a significant goal. Key to this new facility is that it will also house a dedicated R&D department based in Singapore, adding to the continued work of a global R&D team and Heraeus track record of releasing at least three to four new products a year in multiple cell technology areas.
To support the strong growth potential of the solar photovoltaic industry, we are proud to establish our third regional full-service center in Singapore an emerging hub for clean technology with a reputed and favorable environment to expand the adoption of solar energy. Together with our business and technology partners, we believe that the new Asia Center will develop and produce innovative pastes to help drive the solar energy sector in Asia to new heights, said Andy London, Global Manager of the Photovoltaic Business Unit of Heraeus Precious Metals.
This latest addition to the global Heraeus network is expected to bring a new dimension in high-value manufacturing to Singapore. The Heraeus Asia Center will be capable of producing by 2014 enough silver paste for cell output of 20 Gigawatts of Power a significant goal. Key to this new facility is that it will also house a dedicated R&D department based in Singapore, adding to the continued work of a global R&D team and Heraeus track record of releasing at least three to four new products a year in multiple cell technology areas.
To support the strong growth potential of the solar photovoltaic industry, we are proud to establish our third regional full-service center in Singapore an emerging hub for clean technology with a reputed and favorable environment to expand the adoption of solar energy. Together with our business and technology partners, we believe that the new Asia Center will develop and produce innovative pastes to help drive the solar energy sector in Asia to new heights, said Andy London, Global Manager of the Photovoltaic Business Unit of Heraeus Precious Metals.
Officiating the launch of Heraeus new photovoltaics facility in Tuas, Guest of Honour Mr. Tan Choon Shian, Deputy Managing Director, Economic Development Board, congratulated Heraeus and said: We are pleased that Heraeus has chosen Singapore as the first technology and manufacturing center in Asia for solar pastes. This is a testament to the strong base of manufacturing, R&D, and talent that Singapore has to offer. The presence of Heraeus first full-service photovoltaic facility in the Asia-Pacific region further cements Singapores location as a strategic base from which companies can grow their businesses in Asia.
