2008 December 16th,
Luoyang Century Xinyuan Group held the ground breaking ceremony for their 10,000 metric ton polysilicon project. The total investment will be 5 billion RMB, and the 10,000 metric ton polysilicon project covers 3,000 metric ton non-Simens polysilicon project.
The investment for the first phase project is 1.5 billion RMB, and the first phase project will be completed by 2009 October with 2,300 metric ton polysilicon production capacity. The second phase project will get started in 2010 with investment of 3.5 billion RMB.
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