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polysilicon production

Polysilicon prices continue to remain at low prices. Image: Wacker

OCI Holdings delays Malaysian polysilicon IPO amid market turmoil

April 15, 2025
Korean chemical firm OCI Holdings has reportedly paused public listing plans for its Malaysian polysilicon business amid global stock market uncertainty.
Image-by-GCL-Tech
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GCL backs FBR over Siemens process to ‘remain competitive’ in cutthroat polysilicon industry

April 2, 2025
GCL Technology has removed itself from the Xinjiang region and abandoned the Siemens method of polysilicon production.
Wacker_Polysilicon_Plant_Charleston_Tennessee_-_Credit_Wacker

Wacker cites ‘excess capacity in China’ for 2024 profit slump

January 29, 2025
In its preliminary Q4 and full-year 2024 financial results, Wacker expects its polysilicon earnings to contract by 39%.
REC_production_plant_Moses_Lake_02
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Why experts raised eyebrows when REC Silicon abandoned US polysilicon production

January 21, 2025
Experts and shareholders in REC Silicon have raised questions since the company shut down its Moses Lake, WA polysilicon operation.
Hemlock Semiconductor headquarter offices

Hemlock Semiconductor secures up to US$325 million funding under CHIPS Act

January 10, 2025
The US Department of Commerce (DoC) has awarded polysilicon producer Hemlock Semiconductor up to US$325 million in direct funding.
REC_Silicon_production_plant

REC Silicon abandons US polysilicon production at Moses Lake

January 2, 2025
The company claimed that its US offtake customer, Hanwha Qcells, “Is not able to wait any longer for delivery of product".
Image: Corning.

Corning to build solar wafer manufacturing plant in Michigan

October 30, 2024
Materials science firm Corning has unveiled plans to build a solar wafer manufacturing plant in the US, according to a local news outlet.
Daqo New Energy previously increased its annual polysilicon production guidance to 129,000 – 132,000MT. Image: Daqo New Energy.

Daqo New Energy cuts polysilicon production as losses continue

October 30, 2024
The results continue the downward trend in polysilicon manufacturers’ fortunes as the market faces oversupply, cutthroat competition and prices below the cost of production.
Image-by-GCL-Tech

GCL posts US$400 million losses in Q1-3 2024

October 28, 2024
The company attributed this loss to the ongoing decline in the average selling prices of polysilicon and silicon wafer products.
Delegates of United Solar Holding and Oman in the ground breaking celebration of a polysilicon factory

United Solar secures US$156 million financing for polysilicon plant in Oman

October 3, 2024
United Solar is currently building a 100,000 ton polysilicon factory in Oman which it expects to be operational in 2025.

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