News on expansion

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

Polysilicon EBITDA margins of Daqo, Wacker, OCI and REC Silicon from Q3 2020 through Q3 2021

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Polysilicon manufacturers Daqo, Wacker and OCI compensate the price spike of silicon metal feedstock and still increase their high margins, driven by strong demand in the third quarter.

Polysilicon EBITDA margins of Daqo, OCI, Wacker and REC Silicon from Q2 2020 through Q2 2021

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While non-Chinese polysilicon manufacturers OCI and Wacker enjoy high margins, Xinjiang-based Daqo New Energy has already announced the next major expansion to 270,000 tons in China by the end of 2024.

Polysilicon plant of OCI in Bintulu, a coastal city in the state of Sarawak, Malaysia

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South Korean chemicals group OCI is considering expanding the capacity of its polysilicon plant in Malaysia to 95,000 tons, possibly fueled by demand for polysilicon untainted by forced labor in Xinjiang.

Representatives of East Hope Group and the Ningxia and Shizuishan governments signed cooperation and invest agreements for a cluster of projects in Shizuishan

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Out of four Xinjiang-based polysilicon manufacturers, East Hope is the third that has announced a new project outside the region linked to forced labor: a 250,000-ton factory in Shizuishan, Ningxia.

Polysilicon plant of Inner Mongolia Tongwei in Baotou, Inner Mongolia, China

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Leading Chinese polysilicon manufacturers Tongwei and Xinte Energy are boosting the capacity of their production facilities through upgrades and debottlenecking by 50,000 metric tons in total.

Polysilicon plant of OCI in Bintulu, a coastal city in the state of Sarawak, Malaysia

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OCI’s Malaysian polysilicon subsidiary has signed a three-year supply contract with Longi, the world’s largest solar wafer maker. The volume of 77,700 tons will fill OCI’s production capacity for the most part.

Polysilicon sales contracts of Xinte Energy from 2021 through 2025

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China-based polysilicon manufacturer Xinte Energy has to increase its production capacity by 2023 in order to fulfill its three new five-year sales contracts with JA Solar, Longi and Wuxi Shangji.

Representatives of GCL-Poly Energy Holdings and its subsidiary Jiangsu Zhongneng celebrate the official launch of the 54,000-ton fluidized bed reactor (FBR) project for granular polysilicon in Xuzhou, Jiangsu province, China on September 8, 2020

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Jiangsu Zhongneng Polysilicon, a subsidiary of GCL-Poly Energy Holdings, will increase its fluidized bed reactor (FBR) capacity for granular polysilicon to 54,000 tons by the end of 2021.

Groundbreaking for Asia Silicon’s polysilicon plant expansion in Xining, the capital of Qinghai province, China

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Asia Silicon, China’s sixth-largest polysilicon manufacturer, will increase its production capacity to 50,000 metric tons by 2022 and has closed a five-year supply contract with wafer maker Longi.

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.”

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