Hemlock Semiconductor remains ‘sold-out’

July 28, 2011
Facebook
Twitter
LinkedIn
Reddit
Email

Despite the first-half slump in PV installations and significant inventory build across the PV supply chain, leading polysilicon producer Hemlock Semiconductor would seem to be riding its 50th year in business in style, as Dow Corning management noted that the polysilicon JV arm had remained ‘sold-out’ in the first half of the year and the situation would remain the same for sometime.

Despite the tough market conditions, high-grade polysilicon producers such as Hemlock and Wacker that also have significant scale are able to attract Tier 1 PV consumers, regardless of the macro-business environment.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

In reporting first-half financial results, Dow Corning’s CFO, J. Donald Sheets said in a statement that, “Dow Corning’s polycrystalline silicon segment through our Hemlock Semiconductor Group joint venture continues to sell all of its production, and remains sold out for the foreseeable future. While there has been some softening in the solar industry in 2011, we believe the solar industry will continue to grow at a rapid pace over the long-term as regions seek clean, renewable, domestically-generated sources of energy.”

Although Dow Corning does not break out Hemlock revenue, the company as a whole posted sales of US$1.67 billion in the first half of the year, or 8% higher than the same period last year.

Hemlock Semiconductor began operations in 1961.

Read Next

October 30, 2025
Scatec posted development and construction (D&C) revenues of NOK1,760 million (US$175.1 million) in the third quarter of this year.
October 30, 2025
Global net zero by 2050 is now “impossible” and the world is on course for temperature rises of 2.6°C, according to energy market analyst Wood Mackenzie.
October 30, 2025
US microinverter producer Enphase Energy posted increased revenues, margin and income in Q3 2025, as it doubles down on its US manufacturing operations.
October 30, 2025
Nexamp has secured US$600 million in financing for distributed solar and energy storage projects in the US.
October 30, 2025
New Zealand’s Genesis Energy has announced plans to acquire and develop a 271MWp solar project in Waikato, on the country’s upper North Island. 
October 30, 2025
Meridian Energy, a New Zealand state-owned energy company, has begun the construction of its 230GWh Ruakaka solar plant. 

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
November 12, 2025
10am PST / 1pm EST
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 10, 2026
Frankfurt, Germany