Heraeus to Open New Regional R&D Centers in Mainland China and Taiwan

-- Heraeus to hire new employees and open R&D Center for local paste modifications

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Apr 28, 2015, 01:00 ET

SHANGHAI, April 28, 2015 /PRNewswire/ -- The Heraeus Photovoltaics Global Business Unit announces the opening of their new Regional R&D centers in Mainland China and Taiwan for the development and modification of front-side and back-side metallization pastes during this year's SNEC (2015) International Photovoltaic Power Generation Conference & Exhibition from April 28^th through April 30^th, 2015 in Hall: W3 Booth: 660.

"The opening of R&D facilities in Mainland China and Taiwan demonstrates our dedication to our photovoltaic customers in these geographic markets," states Andreas Liebheit, Head of Heraeus Photovoltaics Global Business Unit. "The core of our research and development is in the United States, and we have already realized the great benefits with faster innovation using this strategy. However, we have a strong market reputation for product customizations to meet a customer's specific product needs. This can be best achieved by having our resources closer to our customers' facilities. We will be able to reduce the time it takes to modify products for key customers. We will be aggressively hiring highly talented individuals in Mainland China and Taiwan to fill these newly created regional roles in our organization. Heraeus is a company with global resources, and to truly support our customers, we must also have a strong local presence in key markets to meet customer needs."

This announcement follows Heraeus' relocation of their photovoltaics business unit headquarters to Shanghai and the initiation of front-side paste production in China in 2014. For more information, visit Heraeus at this year's SNEC (2015) International Photovoltaic Power Generation Conference & Exhibition from April 28^th through April 30^th, 2015 in Hall: W3 Booth: 660. You can also meet with Heraeus employs at their 2^nd Annual SNEC PV Booth Celebration at their booth on Tuesday, April 21st from 12:00pm – 3:00pm. Go to www.pvsilverpaste.com for more product information.

About the Heraeus Photovoltaics Global Business Unit

The Heraeus Photovoltaics Global Business Unit is an industry leading developer and manufacturer of silver metallization pastes for the photovoltaic industry. For over 40 years, Heraeus has built a reputation of innovation, extensive research and new product development in thick film technologies for some of the most prominent companies within a variety of industries. In the field of photovoltaics, the Heraeus Photovoltaics Business Unit applies this history and its innovative technology to offer metallization pastes for solar cell applications. The Heraeus SOL Series of silver pastes is specially formulated to provide higher efficiencies and wider processing windows, resulting in better yields and higher output for cell manufacturers.

Heraeus, the technology group headquartered in Hanau, Germany, is a leading international family-owned company formed in 1851. We create high-value solutions for our customers, strengthening their competitiveness for the long term. Our activities focus on a number of markets: chemical and metals, energy and the environment, communications and electronics, health, mobility, and industrial applications. In fiscal year 2013, Heraeus achieved product revenue of €3.6 billion and precious metals trading revenue of €13.5 billion. With some 12,500 employees in over 110 subsidiaries worldwide, Heraeus holds a leading position in its global markets.

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SOURCE Heraeus