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Sinochem News Network News On the evening of September 8, Hesheng Silicon Industry announced two expansion plans, with a total investment of 7.
615 billion yuan to build industrial silicon and organic silicon projects, all of which are located in the Stone Industrial Park of Shanshan County, Xinjiang
.
Hesheng Silicon Industry intends to invest and construct the "400,000 tons of industrial silicon project for the second phase of coal-electricity silicon integration project" through its wholly-owned subsidiary East Hesheng.
The investment scale is 4.
084 billion yuan.
The construction content includes 32 33MVA electric furnaces and supporting desulfurization and denitration.
Installations, environmental protection facilities, and auxiliary facilities such as supporting transformer and distribution devices, the construction period is 2 years
.
In addition, Hesheng Silicon Industry will also use its wholly-owned subsidiary Xinjiang Hesheng to carry out the investment and construction of the "200,000 tons of siloxane and downstream deep processing project of the third phase of the coal-electricity silicon integration project".
The investment scale is 3.
532 billion yuan and the construction period is 2 years.
.
Hesheng Silicon Industry said that the siloxane project site selection plan mainly considers nearby resources and makes full use of the supporting facilities of upstream and downstream devices to facilitate management, reduce investment and human resources, reduce product costs, and improve product competitiveness
.
The industrial silicon project will also take advantage of the company's integrated and synergistic advantages in Xinjiang Industrial Park to further leverage the company's technological advantages and overall scale advantages
Since the second half of 2020, the global silicone market demand has continued to grow, superimposed on the reduction and withdrawal of overseas production capacity, the spot supply of silicone raw materials has been in a tight situation for a long time, coupled with the continuous increase in the price of silicone monomer production raw materials, and the market price of silicone DMC Constantly hitting new highs, the continuous increase in raw material prices has put tremendous pressure on downstream silicone companies, and has had a serious impact on the healthy development of the industry
.
Hesheng Silicon Industry is optimistic about the future demand for silicon raw materials
.
In terms of organic silicon, in the long run, in addition to the continuous growth of the downstream traditional industries’ demand for organic silicon raw materials, photovoltaic, new energy and other energy-saving and environmental protection industries, the construction of ultra-high voltage and UHV power grids, smart wearable materials, 3D printing and 5G, etc.
In terms of industrial silicon, with the rapid growth of photovoltaic installations in the next few years, the new polysilicon production capacity will be gradually released.
