REC Silicon to shut down polysilicon business in Montana
REC Advanced Silicon Material LLC is shutting down one of its two polysilicon production facilities in the United States. It says the decision is primarily due to regional structural imbalances in supply and demand for electricity.
Wacker Chemie’s sales, earnings fall in tough market
German chemical group Wacker Chemie says its sales fell 22% year on year to €6.40 billion ($6.9 billion) in 2023. Its polysilicon division contributed EUR 1.6 billion to sales, down from EUR 2.29 billion in the preceding year.
Wacker falls to fourth in global polysilicon ranking
The German company’s decision to cede market share to Chinese companies producing the material for solar panels, in order to focus on semiconductor-ready, electronic grade product, has seen it slip behind its rivals in terms of production scale.
Trina sweeps up another 30,000-plus tons of polysilicon
Chinese giant has signed orders for more than 100,000 metric tons of poly to the end of 2023 in a further sign of confidence in the outlook for solar.
REC Silicon sells off last remnants of Moses Lake polysilicon
The Norwegian company mothballed its Washington State facility more than a year ago and is now reliant on semiconductor-grade poly and silane gas produced at its fab in Butte, Montana – a facility for which the business says it has received plenty of interest from potential purchasers.
China holds firm on strategy to build self-sufficient domestic polysilicon industry
The Chinese government will extend duties on U.S. and South Korean polysilicon for another five years from today despite committing to buy $200 billion more American goods and services in the trade deal signed on Wednesday. Poly manufacturer REC Silicon says it expects polysilicon to form part of that trade agreement.
