S Korea’s Woongjin Polysilicon runs Sangju plant “near full rate”

20 June 2012 04:25  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea’s Woongjin Polysilicon is operating its 7,000 tonne/year polysilicon plant at Sangju in Gyeongsangbuk-do province at “almost full capacity”, a company source said on Wednesday.

In the first quarter of this year, the company expanded the plant’s production capacity to 7,000 tonnes/year from 5,000 tonnes/year previously, the source said.

The company announced in mid-May last year its plans to expand the capacity and to complete building a 10,000 tonne/year polysilicon plant by early 2013.

However, plans to build the new 10,000 tonne/year polysilicon plant will be delayed, with no expected date in the short term, according to the source.

“It largely depends on demand from the market, and moreover there is currently an oversupply in the polysilicon markets,” the source added.

By: Samuel Wong

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