Photovoltaic solar cell demand growth polysilicon market will expand
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Under the current policy and economic environment, the global polysilicon market demand is expected to grow at an average annual rate of 16% from 2010 to 2014, and it is expected that the demand will reach 290,000 tons by 2014.
CMIC predicts that if the PV industry is encouraged in more countries, the supply of polysilicon may increase at an average annual growth rate of 43%, and the demand may reach 500,000 tons by 2014. In order to further seize the polysilicon market and improve operational efficiency, large international companies have spent huge sums of money to expand production capacity.
Wacker Chemie AG intends to invest 130 million euros in the implementation of polysilicon expansion projects in two German bases, which will increase the annual production capacity of Burghausen polysilicon from 32,000 tons to 37,000 tons, which is expected to be completed in 2012; Ritz builds a polysilicon production plant with an annual production capacity of 10,000 tons, which is planned to be completed by the end of this year. By then, the annual polysilicon production capacity of the base will be expanded to 15,000 tons. In addition, WACKER is building a polysilicon production facility with an annual production capacity of 15,000 tons in Cleveland, Tennessee, and is expected to complete production by the end of 2013.
South Korea’s OCI plans to invest 1.8 trillion won (approximately US$1.65 billion) to build a fifth polysilicon production plant with an annual production capacity of 24,000 tons in the Shinwanjin Industrial Zone, Jeollabuk-do, South Korea, and it is expected to be completed in December 2013. By then, the company's annual polysilicon production capacity will reach 86,000 tons. OCI currently supplies 10 ultra-high-purity polysilicon grades of 9 purity for more than 50 customers worldwide.
US polysilicon company Hemlock Semiconductor Group's new polysilicon plant with a capacity of 15,000 tons per year, which will cost US$1.2 billion, will start production at the end of 2012. It is reported that the company is currently negotiating with Tennessee officials on the $3 billion polysilicon expansion plan.
Japan’s Tokuyama Corporation decided to invest US$136 million to expand its polysilicon plant capacity in Yamaguchi, Japan, including the construction and renovation of old facilities. The entire project will be completed in the spring of 2013. By then, Deshan's polysilicon production capacity in Yamaguchi Prefecture will increase by 1800 tons to 11,000 tons. The company also said that it will invest approximately 80 billion yen (US$960 million) to build a solar grade polysilicon unit with an annual capacity of 6,200 tons in Malaysia. It is scheduled to be completed in the first quarter of 2013 and put into production in September. At present, Deshan Corporation accounts for approximately 5% of the global polysilicon market share. The company hopes to increase its market share to over 10% through expansion.
China's largest supplier of polysilicon and silicon wafers, GCL-Poly Energy, has also formulated a polysilicon expansion plan. The company plans to invest HK$17.7 billion to expand its polysilicon and wafer production capacity in the next two years. It plans to increase its polysilicon production capacity to 4.6 by the end of this year. More than 10,000 tons.
In addition to the expansion of existing enterprises, there are also some new companies that have poured into this field. Korean companies are particularly eye-catching. South Korea's Samsung Fine Chemicals Co., Ltd. and U.S. MEMC Electronic Materials Co., Ltd. said that they will build a high-purity polysilicon production company with annual production capacity of 10,000 tons in Ulsan, South Korea, in a 50:50 joint venture. Production is expected to begin in 2013.
South Korea’s Woongjin Group stated that it plans to spend 800 billion won (US$734 million) to implement polysilicon expansion projects and hopes to increase its polysilicon production to 17,000 tons by 2013.
South Korea's Hanwha Petroleum Chemical has implemented its previously announced plan to build a polysilicon plant in Lishui, South Korea, with a capacity of 10,000 tons per year. It is expected to be completed in July 2013 and the plant will invest more than KRW 1 trillion.
LG Chemical also stated that it will invest 491 billion won (approximately 455 million U.S. dollars) to build the company’s first polysilicon plant in Yeosu, which will use LG’s own technology to produce solar grade polysilicon with an annual production capacity of 5,000 tons. The project is expected to Completed before the end of 2013.
In addition, Tongwei Group, a large-scale feed company in China, said that in the next 3 to 5 years, the group will invest billions or even hundreds of billions yuan to increase the annual polysilicon production capacity to 30,000 to 50,000 tons, making it the world Grade clean energy companies.
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