Article: Polycrystalline silicon may have no deficit.(MARKET REPORT: Fine Chemicals)(oversupply by 2008)

There is a new-round upsurge of polycrystalline silicon investment in China today. Investors are perhaps unaware that when their projects start production they will probably be faced with a market of oversupply.

Capacity surplus in 2008

At the 2006 China Substitute Energy and Power International Summit recently held, Elkem Solar, one of the largest polycrystalline silicon upstream suppliers in the world and BP Solar Energy, one of the largest solar energy cell producers in the world both said that according to the expansion plans made by various large producers in the world, polycrystalline silicon will no longer have supply deficit in 2008.

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