27th Nov 2013 09:40
LONDON (Alliance News) - Silicon wafer reclaim company Pure Wafer PLC Wednesday said trading continues to be strong and in line with market expectations.
In a statement to the company's annual general meeting, Pure Wafer Chairman Stephen Boyd will tell shareholders that most of the equipment for its planned 40% increase in manufacturing of 300 mm wafers has now arrived, with several key items already installed and producing at the Swansea plant.
"The remainder will be installed prior to the calendar year end and will be production-ready during January 2014," he will say.
Pure Wafer shares were up 3.5% at 8.281 pence Wednesday morning.
By Steve McGrath; [email protected]; @SteveMcGrath1
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