CRS REPROCESSING SERVICES SUCCESSFUL PROJECT COMPLETION IN CHINA’S SHANDONG PROVINCE
Louisville, KY (December 21, 2011) — CRS Reprocessing Services, LLC (CRS) is continuing to expand its presence in Asia with the successful acceptance of its slurry reprocessing services at Dahai New Energy Development Co., Ltd., based in Dongying City, Shandong Province, China.
Under the long-term agreement, CRS is reprocessing the slurry used in manufacturing silicon wafers at the Shandong Dahai facility, a greenfield project designed to meet China’s growing solar energy needs. The agreement was signed in November 2010, and less than nine months later, the slurry reprocessing facility was up and running. CRS is now reprocessing more than 210,000 metric tons of slurry annually worldwide.
“In just a short period of time, our working partnership with the Dahai team has proven to be extraordinarily successful,” said CRS Chief Executive Officer Scott T. Massie. “Our expertise in slurry reprocessing for the wafer manufacturing industry was important to Dahai. And because CRS specializes in creating fully customized, modular reprocessing infrastructures that deliver optimal quality and consistency, Dahai saw us as an ideal partner for a greenfield project like this.”
“We successfully met Dahai’s specifications for their reprocessed slurry, and this demonstration of our capabilities is leading to additional success. Other companies involved in China’s solar industry are showing acceptance of our model and our high-quality results,” Massie said. Recently, two of China’s top five wafer manufacturers signed agreements for pilot testing of CRS’ proprietary slurry reprocessing service.
About CRS Reprocessing Services
CRS is a global provider in fluid reprocessing management, offering people, technology and services to efficiently handle industrial fluids for manufacturing facilities. With more than 30 years of expertise and operations in the U.S., Europe and Asia, the company provides custom-built, on-site reprocessing facilities that economically transform used fluids back to customer-specified performance levels, allowing high-yield waste recovery and lower unit costs.
The company’s private-equity partners have a combined portfolio value in excess of $1 billion, giving it the capital resources to expand operations and deliver engineered reprocessing solutions worldwide.