logo
Plus   Neg
Share
Email

Daqo New Energy Backs FY19 Production Outlook - Quick Facts

While reporting financial results for the second quarter, Daqo New Energy Corp. (DQ), a manufacturer of high-purity polysilicon for the global solar PV industry, on Wednesday announced polysilicon production and sales guidance for the third quarter and reiterated full-year 2019 polysilicon production guidance.

The company expects to produce about 9,200 MT to 9,500 MT of polysilicon and sell about 9,000 MT to 9,300 MT of polysilicon to external customers during the third quarter of 2019.

The company also reiterated its full year 2019 polysilicon production guidance range of 37,000 MT to 40,000 MT, which takes into account the impact of annual facility maintenance.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Global PC shipments returned to growth in the second quarter of 2020 after seeing a significant decline in the preceding first quarter due to COVID-19 related supply-chain disruptions, according to reports by two research firms. The PC market returned to growth in the quarter as production ramped up and vendors restocked their supplies to near-normal levels. The bankruptcy filing of America's oldest apparel retailer Brooks Brothers has ignited significant interest from potential buyers for the brand. WHP Global and a venture backed by Authentic Brands Group LLC and Simon Property Group, Inc., are reportedly considering bids for the retailer. WHP Global owns the ANNE KLEIN and JOSEPH ABBOUD brands. Sundial Herbal Products has recalled around 65 products, which were misbranded and currently unapproved drugs, the U.S. Food and Drug Administration said in a statement. The recall follows an order by a federal judge in June to stop distributing the company's unapproved new drugs. The affected items include herbal products and dietary supplements.
Follow RTT