Hanwha exits solar-grade polysilicon business

South Korean solar-grade polysilicon producer, Hanwha Solutions is to exit the business by the end of 2020, following OCI’s decision to shutter polysilicon plants in the country.

Wacker’s polysilicon division dives to €55 million loss in 2019

Major polysilicon producer Wacker Chemie has reported preliminary full-year 2019 financial results, highlighting higher than previously guided asset impairment charges on its polysilicon division as ASPs (Average Selling Price) remain at record lows leading to an EBITDA loss of €55 million.

Wacker’s polysilicon losses mount in Q1

Major polysilicon producer Wacker Chemie has continued to be impacted by record low polysilicon prices, due to overcapacity and weak demand caused by China’s ‘531 New Deal’ and lack of new support policies in China since June, 2018.

Wacker expects a challenging year for polysilicon business

Wacker Chemie has reported a 27% decrease in revenue for its polysilicon division, due to a marked decline in demand from China and a fall in average selling prices (ASPS). Weak pricing is expected to continue in 2019, lowering profitability further.

Wacker’s polysilicon division sales plummeted 27% in 2018

Major polysilicon producer Wacker Chemie has reported its polysilicon division was heavily impacted by the slump in demand due to China’s ‘531 New Deal’ as a reason for the sharp decline in revenue and profitability which declined significantly in 2018.

GCL-Poly to expand new Xinjiang polysilicon production plant to 60,000MT

Leading polysilicon and solar wafer producer GCL-Poly Energy Holdings has announced that its new Xinjiang polysilicon production plant’s annual nameplate capacity will be increased to 60,000MT, up from the revised plans mid-year to increase the capacity from 40,000MT to 50,000MT.