News on Xinjiang Uygur Autonomous Region

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

Daqo New Energy’s polysilicon plant in Shihezi, Xinjiang Uygur Autonomous Region, China

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Daqo New Energy (NYSE: DQ) is planning to float its China-based polysilicon subsidiary on the Science and Technology Innovation Board of the Shanghai Stock Exchange “within the next two years.”

Polysilicon EBITDA margins of Daqo, OCI, REC Silicon and Wacker from Q1 2019 through Q1 2020

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Defying Covid-19-related constraints, China-based polysilicon manufacturer Daqo New Energy achieved a record output of 19,777 tons and reduced its cash production costs to $5/kg in the first quarter.

Polysilicon EBITDA margins of Daqo, OCI, Wacker and REC Silicon from Q4 2018 through Q4 2019

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After doubling its production capacity, China-based polysilicon manufacturer Daqo has reached record-low manufacturing costs (including depreciation) of $6.38/kg and cash production costs of $5.47/kg.

Polysilicon sales contracts of Daqo

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Daqo, China’s third-largest polysilicon manufacturer has signed a new two-year sales contract with JinkoSolar, the world’s largest solar module supplier, for the delivery of up to 36,000 tons of polysilicon in 2020 and 2021.

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.

Daqo New Energy’s polysilicon plant in Shihezi, Xinjiang

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China-based polysilicon manufacturer Daqo New Energy is targeting total production costs of US$6.80/kg by the first quarter of 2020, down from $9.05/kg in Q2 2018 and $7.50/kg projected for 2019.

Drawing of GCL-Poly’s polysilicon plant in Xinjiang

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GCL-Poly Energy Holdings has confirmed reports that the first phase of its new polysilicon plant in Xinjiang with a capacity of 20,000 metric tons will start up in September.

Daqo New Energy’s polysilicon plant in Shihezi, Xinjiang

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Daqo New Energy, the third-largest polysilicon manufacturer in China, has announced it will increase its production capacity by 35,000 metric tons, thus reaching a total capacity of at least 70,000 tons in early 2020.

Xinte Energy’s polysilicon plant in Urumqi, Xinjiang with sunflowers in the foreground

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The massive expansion wave in the Chinese polysilicon industry continues: Xinte Energy, China’s second-largest polysilicon manufacturer, will expand the capacity of its existing plant in Xinjiang by 36,000 metric tons.

Daqo New Energy's CEO Gongda Yao

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Chinese polysilicon and wafer producer Daqo New Energy Corp. has announced that Dr. Gongda Yao (59) will step down as its Chief Executive Officer with immediate effect for personal reasons.