REC SILICON, OMG! nå står det i pv magazine! NEDTUR?

Slettet bruker
REC 26.09.2018 kl 14:58 3765

https://www.pv-magazine.com/2018/09/26/us-members-of-congress-warn-of-rec-silicon-plant-closure/

US members of congress warn of REC Silicon plant closure
A group of U.S. senators and representatives from Washington and Montana led by the top democrat on the U.S. Senate Energy and Natural Resources committee are calling on President Trump to negotiate with China and save REC’s Moses Lake facility.

SEPTEMBER 26, 2018 CHRISTIAN ROSELUND
HIGHLIGHTS
MODULES & UPSTREAM MANUFACTURING
UNITED STATES

REC Silicon's Moses Lake manufacturing facility in the United States.

Image: REC Silicon

ShareIcon FacebookIcon TwitterIcon LinkedInIcon Google Plus
As unpopular as the Section 201 tariffs are in most of the U.S. solar industry, in the wake of these tariffs and last fall’s tax reform, no less than four new module factories are being built in the United States, bringing gigawatts of new manufacturing capacity. But in the final tally of the trade war, there may be productions facilities lost to add to the interruption of the U.S. downstream market in the list of damages.

Last Friday, five members of the state of Washington’s delegation to the U.S. Congress and all three members of Montana’s delegation sent a letter to President Trump, warning that REC Silicon will be forced to shutter its polysilicon production facility in Moses Lake, Washington, laying off 150-200 workers. This delegation is Senator Maria Cantwell (D), the ranking member of the U.S. Senate Committee on Energy and Natural Resources.

There was no mention of REC Silicon’s second facility in Montana, but the presence of the members of congress from Montana suggests that they too are highly concerned about the fate of the company.

pv magazine had not been able to confirm any news about a closure with REC Silicon by the time this article was published. But if the plant does close, it will be a long time coming. China imposed retaliatory tariffs in 2014. This shut off the world’s largest market for U.S.-made polysilicon, all the more so as Chinese ingot, wafer and cell makers were still able to secure high-quality Western polysilicon through a minimum price deal that Wacker Chemie negotiated with the Chinese government.

REC Silicon was not the only U.S. polysilicon maker to be hurt by this, as Hemlock Semiconductor has also been devastated. And as time goes on, REC is still laying off workers, reporting in July that it would lay off 100 workers, or 40% of the workforce at the Moses Lake facility, which uses the fluidized bed reactor process to make polysilicon.

There is an irony here in that while Trump has accelerated the trade war with China through multiple retaliatory trade actions, that the situation with polysilicon is one that his administration inherited. This was referenced in the letter, which asks the Trump Administration to “move past the unsuccessful actions of the past administration and find an immediate resolution to the trade dispute over Chinese solar panels and American polysilicon”.

Specifically, the members of congress note that the Trump Administration is about to engage China in a new round of trade talks. But this may not end as the members of congress have planned. As explored in an article in the print edition of pv magazine, in Robert Lighthizer President Trump has found a U.S. Trade Representative whose policies herald a return to the economic nationalism and “managed trade” of the Reagan years, and given the bellicose foreign and trade policy of the Trump Administration there are unlikely to be many compromises.

ShareIcon FacebookIcon TwitterIcon LinkedInIcon Google Plus
CHRISTIAN ROSELUND
Christian Roselund serves as Americas editor at pv magazine, and joined in 2014. Prior to this he covered global solar policy, markets and technology for Solar Server, and has written about renewable energy for CleanTechnica, German Energy Transition, Truthout, The Guardian (UK), and IEEE Spectrum.
More articles from Christian Roselund

roselund@pv-magazine.com 
Redigert 19.01.2021 kl 12:44 Du må logge inn for å svare
Slettet bruker
26.09.2018 kl 15:05 3726

Norske Bulls sier;

Signal:STAY LONG

https://www.norskbulls.com/m/SignalPage.aspx?lang=en&Ticker=REC.OL

Last Close:0,6705 Change:+0,0195 Percent change+3,00% Signal Update Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 21.09.2018, 4 days ago, when the stock price was 0,6560. Since then REC.OL has risen by +2,21%.Market Outlook The market is uncertain with a negative tilt. The traders seem to be in disagreement. The negative sentiment, however, is increasing as evident from the last bearish pattern. So, it is better to be on alert. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop loss. more...
Redigert 26.09.2018 kl 15:06 Du må logge inn for å svare
Slettet bruker
26.09.2018 kl 15:13 3681

OMG det er bunnløst i dag. Ender vi på 63 blank så er vi heldige. Jeg er bear.
spanjolen
26.09.2018 kl 15:28 3584

I morgen er det short gevinst sikring... da er det 8% opp:-)
Sofafilosof
26.09.2018 kl 15:34 3556

Har begynt å posisjonere meg for noe slikt, ja... Idag, imorgen eller fredag, kan starte når som helst. Jeg tolker styets beslutning denne uka som et offensivt trekk (!), sett i kontrast til om de hadde lagt ML i fryseren nå.
Slettet bruker
26.09.2018 kl 15:54 3468

Spanjolen maybe maybe - men det kan også gå videre ned. REC er hengt opp i geopolitiske forhold i dag. Handelskrig er en tøff krig.
spanjolen
26.09.2018 kl 16:08 3400

10 øre variasjon siste tre handelsdager indikerer fryktelig mye nervøsitet... har da mest tro på at short siden er fornøyd med dagens kurs for Åsta gevinst.. ender vi mellom .64 .066 så blir morgendagen og fredag spennende.
Slettet bruker
26.09.2018 kl 16:17 3354

Ja Spanjolen - enig i det du sier. Veldig nervøs. Vi ender nok på 64 i dag og det er ganske greit.
Slettet bruker
26.09.2018 kl 16:24 3321

Se der ja, 65 :-) og bare minus 2,98% ned i dag. Bra. Det kunne fort blitt mye verre.
Redigert 26.09.2018 kl 16:26 Du må logge inn for å svare
Record
26.09.2018 kl 16:29 3285

Verre , for en time siden var du short ?
Kan åpne på over .70 i morgen da :-)
Slettet bruker
26.09.2018 kl 16:30 3280

http://taiyangnews.info/markets/rec-silicon-could-completely-close-moses-lake-fab/

REC Silicon Could Completely Close Moses Lake Fab
US Politicians Take Up REC Silicon Case With Trump As Company Faces Threat Of Complete Shutdown Of Moses Lake Polysilicon Fab; Trump Urged To Save 200 Highly Skilled Jobs
05:35 PM (Beijing Time) - 25. September 2018
anderix
26.09.2018 kl 16:39 3228

0,74 i morgen
Slettet bruker
26.09.2018 kl 16:53 3152

Hmmm vi endte på 0,6490 og -3,21%.
InnerTier
26.09.2018 kl 17:06 3096

REC er i dødens posisjon, og må etterhvert spille strategisk tilpasset nærmest mulig skinn død i rammede soner, trolig til Q2 - 2019.
Definitivt ille - veldig trykkende, men mulig på elastisk og kløktig vis.
Alt man ikke rår over, eller kan forutse må driftes safe til avklaring har funnet sted.


Turbon
26.09.2018 kl 18:44 2873

Den ska ner mot 0,4NOK. Det vil ta årehvis at hemte hjem hva som er fortapt!
Sofafilosof
26.09.2018 kl 19:05 2825

Bare en liten del av de store volumene den siste uka har gått til shortinndekning. Det meste er normale kjøp! Det lover jo godt, til tross for alle dårlige nyheter rundt REC og polymarkedet siden juni. Skal det endelig snu opp?
Redigert 26.09.2018 kl 19:08 Du må logge inn for å svare
Slettet bruker
26.09.2018 kl 20:23 2653

Norsk Bulls har endret REC anbefaling til: SHORT

https://www.norskbulls.com/SignalPage.aspx?lang=en&Ticker=rec.OL

REC SILICON
Last Signal:SHORT

Last Pattern:BEARISH ENGULFING

Last Close:0,6490 Change:-0,0215 Percent change-3,21%

Signal Update Our system’s recommendation today is to SHORT.

The BEARISH ENGULFING pattern finally received a confirmation because the prices crossed below the confirmation level which was at 0,6510, and our valid average selling price stands now at 0,6500. The previous BUY signal was issued on 21.09.2018, 5 days ago, when the stock price was 0,6560. Since then REC.OL has fallen by -0,91%.
rodroz
26.09.2018 kl 20:29 2631

Jepp, da er det bare å laste.
Turbon
26.09.2018 kl 21:13 2535

Laste på 0,4 så får du fler aksjer :)
rodroz
26.09.2018 kl 21:22 2500

Med så lite substans du kommer med i de forskjellige trådene så satser jeg heller uten dine råd. Mesteparten på HO er kun underholding, dog det er noen som skiller seg ut og de må man ta vare på.