Daqo New Energy Says New Phase 5A Facility In Inner Mongolia Reaches Full Production Capacity
Portfolio Pulse from Benzinga Newsdesk
Daqo New Energy announced that its new Phase 5A facility in Inner Mongolia has reached full production capacity, expanding the company's total annual nameplate production capacity to 205,000 MT.
June 15, 2023 | 10:09 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Daqo New Energy's new Phase 5A facility has reached full production capacity, expanding the company's total annual nameplate production capacity to 205,000 MT.
The news of Daqo New Energy's Phase 5A facility reaching full production capacity is positive for the company as it increases its total annual nameplate production capacity to 205,000 MT. This expansion could lead to higher revenues and potentially a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100