Feb 3 2014
Daqo New Energy Corp. ("Daqo New Energy" or the "Company"), a leading polysilicon manufacturer based in China, today announced that the company has successfully completed the debottlenecking project for its Xinjiang polysilicon facilities.
The Company has already started ramping up production for the newly added facilities and expects to increase the annual capacity to 6,150 MT and lower the total production cost to the level of $14/kg.
"It is very exciting for us to complete the project on time. We will spare no effort to further enhance our operation to optimize our cost structure and quality," commented Dr. Gongda Yao, Chief Executive Officer of Daqo New Energy. "As the solar PV market keeps improving, we see stronger demands for polysilicon recently. The newly added capacities will enable us to better address our customers' increasing needs for high quality polysilicon."
About Daqo New Energy Corp.
Daqo New Energy Corp. (NYSE: DQ) is a leading polysilicon manufacturer based in China. Daqo New Energy primarily manufactures and sells high-quality polysilicon to photovoltaic product manufacturers. It also manufactures and sells photovoltaic wafers. For more information about Daqo New Energy, please visit website.
Source: http://www.dqsolar.com/