China’s
Ministry
of
Industry
and
Information
Technology
has
announced
the
“first
batch”
of
companies
to
have
qualified
for
polysilicon
production
under
new
rules.
The
criteria
imposed
by
the
government
–
including
environmental
protection,
energy
consumption
and
production
capacity
–
are
seen
as
Beijing’s
attempt
to
speed
up
consolidation
in
an
industry
currently
facing
substantial
oversupply.
Producers
that
do
not
qualify
could
be
forced
to
close
down,
suggest
industry
insiders.
However,
eliminating
smaller
producers
from
the
market
will
not
boost
prices,
says
Kevin
He,
investor
relations
manager
at
Daqo,
a
Chinese
polysilicon
maker…