Daqo benefits from spike in polysilicon prices in Q3

China-based polysilicon producer Daqo New Energy reported better than expected third quarter 2017 results, due to continued strong demand in China, coupled to a significant spike in polysilicon prices on supply chain shortages and annual facilities maintenance early execution.

Daqo to expand polysilicon capacity to 30,000MT

China-based polysilicon producer Daqo New Energy is to increase its capacity at its Xinjiang plant by 7,000MT, which is intended to serve the high-purity needs of monocrystalline solar wafers and the expanding semiconductor sector.