News on South Korea

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.

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.

Ministry of Commerce (Mofcom) of China, press conference on February 9, 2017

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The Chinese Ministry of Commerce has announced that duties will continue to be imposed on imports of solar-grade polysilicon from the USA and South Korea while it will conduct a final review running through January 2020.

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.

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.

Hall with Siemens reactors for chemical vapor deposition (CVD) of silicon at Daqo’s polysilicon plant in Shihezi, Xinjiang

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After closing a supply contract with South Korean polysilicon maker OCI in early February, leading monocrystalline wafer manufacturer Longi has signed a contract with Chinese producer Daqo.

Monthly polysilicon imports into China from February 2017 through January 2018

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After the low in December, polysilicon imports into China surprisingly surged to an unusually large volume of 16,261 metric tons in January, an increase of 29.7% month over month.

OCI’s polysilicon production capacity expansion

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South Korean polysilicon producer OCI has signed two big supply contracts with Longi and JinkoSolar, respectively, but has not yet decided about expanding its second plant in Malaysia.

Monthly polysilicon imports into China from January through December 2017

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After a short recovery in November, polysilicon imports into China fell back to 12,534 metric tons in December, a decrease of 16% month over month.