Xinte signs 32,000-ton polysilicon deal with Wuhai Jingyuntong

China’s third-largest polysilicon manufacturer Xinte Energy has closed a three-year sales contract with silicon ingot producer Wuhai Jingyuntong New Materials Technology Co., Ltd. on the delivery of 32,000 metric tons (MT) of polysilicon from January 28, 2019 through December 31, 2021.

Wuhai Jingyuntong, a subsidiary of crystal-growing equipment manufacturer Beijing Jingyuntong Technology Co., Ltd. (JYT), was established in Wuhai, Inner Mongolia in May 2017 and is an existing customer of Xinte.

Along with the big three-year sales contract that Xinte bagged from leading monocrystalline solar wafer manufacturer Longi in July 2018, the shipment volume for the two customers will amount to 33,000 MT in 2019, 42,000 MT in 2020 and 48,000 MT in 2021 (see chart). This will fill a large part of Xinte’s production capacity.

On top of its current annual capacity of approximately 40,000 MT, the company is aiming to bring an additional 36,000 MT on stream in the first half of 2019.