Bernreuter believes that Wacker could remain in the leadership position for a few years until GCL-Poly can ramp further Siemens reactor capacity at its subsidiary, Jiangsu Zhongneng Polysilicon’s facility in Xinjiang, China.
However, GCL-Poly is expected to take control of Korean-based FBR production plant of former SMP, owned by bankrupt renewables firm SunEdison at the end of March, 2017. Although this FBR plant has never been ramped, again due to technical issues, GCL-Poly emphasised in its annual report that significant R&D strides had been achieved in 2016 in relation to its FBR technology but without being specific.
Such is the small gap between Wacker and GCL-Poly that Wacker noted in its 2016 annual report that it was ranked second to its close rival, while GCL-Poly’s recently published annual report claims it remains the market leader. We can expect 2017 to be another close call on market leadership bragging rights.