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According to a report from Business Today on September 1, South Korea’s OCI company has stated that it plans to invest 10 trillion won (approximately $8.4 billion) between 2010 and 2020 in building a new advanced materials factory within the Sinwanjin Industrial Complex in Gunsan City, South Korea. This factory will be used for the production of polysilicon, nano-silica, and carbon materials. Upon completion of this project, OCI’s polysilicon production capacity will increase from the current 35,000 tons per year to over 110,000 tons per year. OCI is coming on strong now! Industry insiders in the domestic market should be cautious! OCI is already at 2.7, and it’s about to reach 3.5! behind-----------
Such high production capacity certainly cannot be underestimated
How can OCI do this! ! ! This is an industry with high requirements in both terms of standards and costs; even countries in development like China are imposing restrictions on it! What on earth is their Development and Reform Commission doing – why don’t they take any action either? ! :lol
How can OCI do this! ! ! This is an industry with high requirements in both terms of standards and costs; even countries in development like China are imposing restrictions on it! What on earth is their Development and Reform Commission doing – why don’t they take any action either? ! :lol
South Korea is really amazing; it has so much momentum! ! ! :victory:
Driven by economic interests. However, every cloud has a silver lining; let’s wait and see.