The company said in a filing to the Korean stock exchange that itwill indefinitely postpone plans to add 10,000 tonnes of capacity to its factory in the city of Gunsan.

An OCI spokesperson in Seoul told Recharge that it made the decisionbecause it “does not believe the supply/demand situation has stabilised yet”.

OCI is one of the world’s biggest suppliers of the solar rawmaterial to the PV industry.

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