Skip to content

polysilicon manufacturing

REC Silicon hit by call-in of $17m loan related to failed wafer operation

Finnish lender Nordea has called in a NOK150 million indemnity loan thought to have been taken out by REC Silicon ASA as a result of the bankruptcy of its Norwegian wafer manufacturing arm seven years ago.

GCL-Poly generates another $349m towards paying down debt

The polysilicon maker has turned a quick $160 million profit from the sale of its stake in a fund it paid $189 million to establish just five months ago. The heavily indebted manufacturer needs to raise funds to pay for its production capacity expenditure.

REC Silicon scraps shares placement because stock is cheaper in open trading

Stock in the polysilicon manufacturer appeared to be recovering in early trading on the Oslo exchange this morning after it cancelled plans for a private placement of as many as 50 million shares.

1

Daqo stops wafer production

Daqo New Energy Corp. has announced plans to stop its wafer manufacturing operations this month. It instead intends to focus solely on polysilicon production. Challenging market conditions were cited as the reason.

This website uses cookies to anonymously count visitor numbers. View our privacy policy.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close