Daqo puts 200ktpy polysilicon project (Phase I) into production
2023-03-17 18:17:31 【Print】
Daqo New Energy (Inner Mongolia) held a commencing ceremony for commercial production of the first phase of a high-purity polysilicon project and construction of the project's second phase on March 15.
The project's first phase, with an annual production capacity of 100,000t of high-purity polysilicon, will be invested with RMB8.55 billion (USD1 . 25 billion) and annually bring an industrial output value of RMB13 . 8 billion (USD2 . 01 billion) and tax of RMB2 . 5 billion (USD364 million) upon reaching designed capacity . The second phase, with an annual production capacity of 100,000t, will be invested with RMB9 . 3 billion (USD1 . 35 billion) and come on stream by the end of 2023 as planned.
The project will create an annual industrial output value of RMB27.6 billion (USD4 . 02 billion) in total, as well as tax of RMB5 billion (USD728 million), when both of its two phases reach full capacity.
The project's first phase, with an annual production capacity of 100,000t of high-purity polysilicon, will be invested with RMB8.55 billion (USD1 . 25 billion) and annually bring an industrial output value of RMB13 . 8 billion (USD2 . 01 billion) and tax of RMB2 . 5 billion (USD364 million) upon reaching designed capacity . The second phase, with an annual production capacity of 100,000t, will be invested with RMB9 . 3 billion (USD1 . 35 billion) and come on stream by the end of 2023 as planned.
The project will create an annual industrial output value of RMB27.6 billion (USD4 . 02 billion) in total, as well as tax of RMB5 billion (USD728 million), when both of its two phases reach full capacity.