Tongwei to Invest RMB8 Billion in High Purity Silicon Project

Tongwei Co., Ltd. announced on August 10 that it plans to sign an investment agreement with Baotou municipal government and the local government of Kundulun district to develop a 50 000 t/a high purity silicon and “new energy” project in Kundulun district of Baotou city, north China's Inner Mongolia Autonomous Region. The project will have a total investment of RMB8 billion and will be carried out in two phases. The completed facilities will support research and development, production, sales and other related businesses of high purity silicon.
The first-phase, which will create a 25 000 t/a high purity silicon capacity, requires an investment of around RMB4 billion. According to the announcement, phase I construction will begin before September 30 this year, and the plant will be put into operation in 2018. Phase II construction will be carried out according to market performance. Upon completion of the project, Tongwei will have a total silicon capacity of 120 000 t/a, plus the existing 20 000 t/a silicon plant in Leshan, Sichuan province and the 50 000 t/a plant now under construction in Kundulun.