After much hype, Chinese polysilicon producers are not planning to pool resources to buy and/or close excess polysilicon capacity. A new company, Beijing Guanghe Qiancheng Technology with a registered capital of rmb3-billion ($425-million), was formed by 10 major companies. However, instead of the rumored rmb50-billion fund to close at least 1-million mtpy of “lower-quality” polysilicon,…
