Europe-based polysilicon supplier seeking cooperation with China-based makers
A Europe-based maker of polysilicon is seeking cooperation with China-based fellow makers mainly because spot market prices for polysilicon have dropped to US$20-25/kg which are lower than production costs,according to industry sources.
The Europe-based polysilicon firm has been pressuring downstream customers to oblige to contracts while trying to find alliances in China,said industry sources.
Industry sources in China speculate the possible cooperation will adopt the more cost competitive fluidized bed reactor(FBR)technology to lower total production costs.
The falling price of polysilicon has induced many polysilicon firms to halt plans for capacity expansion in 2012.
Europe polysilicon firm looking for partnerships in ChinaPhoto:Digitimes file photo