Saudi Polysilicon is a world class polysilicon production facility. The first of its kind and scale in the region, it will be located in the Kingdom of Saudi Arabia, and will cover a total area of 375,000 square meters in Al Jubail Industrial City 2.
The project is spearheaded by the strategic partner, First Energy Bank (FEB). It is being sponsored and developed by Cosmos Industrial Investment Corporation, a subsidiary of FEB.
The project will use advanced and commercially proven technologies in its production processes deriving benefits from the economies of scale and will be one of the lowest cost polysilicon producers in the world. It will also aim to promote green and sustainable energy solutions leading to further economic diversification and expansion of the industrial base.
The Polysilicon project is expected to begin production in 2013 and will have a total production capacity of 7,500 tons per annum of high quality Polysilicon product capable to cater users in the solar photo voltaic power as well as electronics industry markets. The future expansion of the project facility (second phase) will include investments in downstream sectors such as the manufacturing of ingots, wafers, cell and modules.