News on OCI

News on suppliers, market trends and technology innovations in polysilicon and wafer production is selected, assessed and written for you by Bernreuter Research.

OCI’s polysilicon plant in Gunsan, South Korea

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The prospect of rising electricity prices has prompted polysilicon manufacturer OCI to consider shifting production capacity from its South Korean plant in Gunsan to its subsidiary in Malaysia.

Polysilicon EBITDA margins of Daqo, OCI, Wacker and REC Silicon from Q4 2017 through Q4 2018

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While China-based polysilicon manufacturer Daqo reported another record low in production costs, the polysilicon division of market leader Wacker slid into the red with its EBITDA in the fourth quarter.

OCI’s expansion of polysilicon production capacity

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Although South Korean chemicals group OCI benefited from high demand for monocrystalline-grade polysilicon in the fourth quarter of 2018, its basic chemicals division was in red territory for the second quarter in a row.

Ministry of Trade, Industry and Energy (MOTIE) of South Korea, press conference

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The South Korean Ministry of Trade, Industry and Energy has announced it will urge China to lift the anti-dumping duties on polysilicon imports from South Korea.

Representatives of Saudi Arabia’s National Industrial Clusters Development Program, Saudi Basic Industries Corp., OCI Company and Longi Group shake hands after signing a Memorandum of Understanding

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Chemical conglomerate Saudi Basic Industries Corp., South Korea’s OCI Company and China’s Longi Group have signed a memorandum of understanding for an integrated solar and carbon black production complex.

Polysilicon EBITDA margins of OCI, Wacker and REC Silicon from Q3 2017 through Q3 2018

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After the EBITDA margin of its basic chemicals division, which includes polysilicon, tumbled to minus 2.0% in the third quarter of 2018, South Korean OCI mulls shifting part of its polysilicon capacity to semiconductor applications.

Workers at polysilicon plant in China

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GCL-Poly Energy Holdings and Tongwei Group have announced production capacities that are larger than originally planned for their new polysilicon factories.

Longi’s four polysilicon supply contracts

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Leading monocrystalline wafer maker Longi has underpinned its rapid expansion by signing a contract with Xinte Energy for the delivery of 90,080 tons of polysilicon from 2019 through 2021.

Polysilicon supply contracts of Longi

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Leading monocrystalline solar wafer manufacturer Longi has signed a contract with Chinese Tongwei Group for the delivery of 55,000 metric tons of polysilicon between May 2018 and December 2020.

OCI’s expansion plan for polysilicon production capacity

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Korean polysilicon producer OCI will revamp the dormant PS-1 plant of its Malaysian subsidiary by the end of 2018, thus expanding its annual production capacity by 10,000 metric tons.

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