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Premium News Article
Chinese Polysilicon Firms Face Potential Problems
BEIJING--August 7, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Recent reports show China's rapidly developing polysilicon industry is facing pressure from overproduction, environmental issues and increased costs. In the past decade, solar cell production has grown 33% and is continuing to accelerate. In 2007, global demand for solar grade polysilicon was roughly 34,000 tons. In 2008, this number has risen to 45,500 tons. At the same time, the price of polysilicon has skyrocketed from $20 a kilogram in 2002 to $400 a kilogram.
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Industry Segment: Industrial Manufacturing
Word Count: 479 Words
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