wacker chemie

March 3, 2021
EDP, Iberdrola and BayWa r.e. are among the signatories of a new charter that calls on Europe to “accelerate and massively deploy” additional renewables capacity to support the continent’s green hydrogen ambitions.
July 30, 2020
Major polysilicon producer Wacker Chemie has reported polysilicon sales of €152.5 million in the second quarter of 2020, a new low, due to weak demand and lower utilisation rates, resulting in losses of €35 million for its polysilicon division.
March 17, 2020
Major polysilicon producer Wacker Chemie has guided expectations of further losses from its polysilicon division, due to continued pricing pressure.
February 21, 2020
South Korean solar-grade polysilicon producer, Hanwha Solutions is to exit the business by the end of 2020, following OCI’s decision to shutter polysilicon plants in the country.
February 21, 2020
Plans for sizeable layoffs by 2022 will mostly affect administrative and non-operational staff in Germany, says poly player of new roadmap launched after €55m losses last year.
February 12, 2020
Major Korean polysilicon producer is to close two solar grade polysilicon plants in Korea as production costs are almost double the current record low ASPs.
January 28, 2020
Major polysilicon producer Wacker Chemie has reported preliminary full-year 2019 financial results, highlighting higher than previously guided asset impairment charges on its polysilicon division as ASPs (Average Selling Price) remain at record lows leading to an EBITDA loss of €55 million.
December 5, 2019
Major polysilicon producer Wacker Chemie has directly blamed the Chinese governments support of its domestic polysilicon manufacturers for the need to make a major write-down of its polysilicon production facilities in Germany and the US with a massive €750 million impairment charge in its FY 2019.
October 16, 2019
Major polysilicon producer Wacker Chemie has warned its overall group profitability for 2019 would be around 30% lower than the prior year, due to continued weak demand from the solar industry in China and continued polysilicon prices declines to industry record lows.
August 6, 2019
Major China-based polysilicon producer, Xinte Energy has signalled a significant decline in expected profits for the first half of 2019, due to polysilicon ASPs declining 43% from the prior year period.

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