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LDK Solar selected Fluor for major project in China

US-based engineering and construction giant Fluor Corporation was awarded a contract to provide front-end engineering and design (FEED) and engineering, procurement and construction-management (EPCM) services for a polysilicon plant for LDK Solar Co., Ltd. in Xinyu City, People's Republic of China. LDK Solar is a leading manufacturer of multicrystalline solar wafers, which are the principal raw material used to produce solar cells. The total contract is in excess of $1 billion, with FEED work booked in third quarter 2007 and EPCM to be booked in 2008 upon full release.

Site preparation has begun for the polysilicon production plant that will be located adjacent to LDK Solar's existing solar wafer manufacturing facilities in Xinyu City. LDK Solar has announced plans to complete construction and reach production capacity of up to 6,000 metric tons of polysilicon by the end of 2008 and 15,000 metric tons by the end of 2009.



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