On the basis of 0.7-0.8 ton of hyperfine steel wire should be consumed for cutting 1 ton of crystalline silicon, the demand of solar cutting steel wire is dramatically huge, which causes many domestic enterprises entering into hyperfine steel wire market.
Currently, enterprises including Bekaert occupy relatively large market shares in hyperfine steel wire market in China, of which the product quality and new product R&D is advanced in the world.
Capacities and Plans of Main Solar Cutting Steel Wire Enterprises in China, 2011
|
Company
|
Capacity (kt)
|
Capacity Expansion Plan
|
|
Bekaert
|
25
|
To expand capacity to be 30 kts.
|
|
Xingda International Holdings Limited
|
10
|
To start large scale production in 2011, till then the capacity will be over 10 kts.
|
|
Fundant(Changzhou) Advanced Metal Technologies Co.,LTD
|
10-12
|
It produced cutting steel wire in Oct. 2009 and commenced II phase project in Apr. 2010. Capacity will be 10-12 kts when it reaches full production.
|
|
Henan Hengxing Science & Technology CO.,LTD.
|
20
|
On the basis of 5 kts/ year hyperfine steel wire project, it invested 15 kts/year hyperfine steel wire project through non-public offering in Nov. 2010, which made the total capacity reaching 20 kts/year.
|
|
HUBEI FUXING SCIENCE AND TECHNOLOGY Co.,LTD
|
3
|
5 kts capacity will be released in 2012.
|
|
Jiangsu Bangwei Machinery Manufacture Co., Ltd.
|
6
|
Steel wire project for silicon cutting (6 kts/year) started operation in Jul. 2010.
|
Source: ResearchInChina