Is REC Silicon’s Chinese FBR joint venture behind schedule?

REC Silicon’s Q2 2017 update on FBR joint venture in Yulin
REC Silicon says the fluidized bed reactors of its joint venture in Yulin will start up in the fourth quarter of 2017 – Slide: REC Silicon

Chinese competitors are raising doubts that TianREC, the joint venture (JV) between REC Silicon and Shaanxi Non-Ferrous Tianhong New Energy Co., Ltd., will start up polysilicon production in Yulin, Shaanxi province in 2017.

Daqo New Energy’s CEO Gongda Yao already said that REC’s project „has been delayed to next year“ at his company’s conference call on first quarter results in early May.

At an investor event of Deutsche Bank Research on October 13, GCL-Poly Energy Holdings followed with the statement that „the JV of REC and Shaanxi Tianhong also seems to be on hold.“

In contrast, REC Silicon announced at the presentation of its second quarter results in July that the first silane unit and corresponding fluidized bed reactors in Yulin would start up in the fourth quarter of 2017. The company will surely provide an update at the presentation of its third quarter results on October 30.

NEW: Get Your In-depth Report – The Polysilicon Market Outlook 2027

  • Benefit from 102 pages full of rich data, in-depth analyses and detailed forecasts on the polysilicon, solar and semiconductor industries
  • Learn all about the latest developments of polysilicon manufacturing technologies (Siemens process, fluidized bed reactor, upgraded silicon kerf loss from wafer sawing)
  • Obtain comprehensive data on production volumes and capacities of 45 solar-grade and electronic-grade polysilicon plants from 2020 through 2027
  • Gain insight into decisive market trends, based on four sophisticated scenarios of supply and demand through 2027
  • Get valuable guidance with cash cost data on 30 solar-grade polysilicon plants and spot price forecasts through 2027

Go to the Report


Go back

Comments

Add a comment

Back to Polysilicon News