Has REC Silicon been taken hostage by its shareholder Hanwha?
Has REC Silicon been taken hostage by its shareholder Hanwha? There is something mysterious and it will come out soon.
U.S.-based manufacturer REC Silicon will shut down the production of granular polysilicon at its plant in Moses Lake, Washington after a massive investment in equipment upgrades. The decision raises some questions.
“is not able to wait any longer for delivery of product” is strange as the start-up of ingot and wafer production at Qcells has been delayed to mid-2025.
https://www.bernreuter.com/newsroom/polysilicon-news/article/has-rec-silicon-been-taken-hostage-by-its-shareholder-hanwha/
U.S.-based manufacturer REC Silicon will shut down the production of granular polysilicon at its plant in Moses Lake, Washington after a massive investment in equipment upgrades. The decision raises some questions.
“is not able to wait any longer for delivery of product” is strange as the start-up of ingot and wafer production at Qcells has been delayed to mid-2025.
https://www.bernreuter.com/newsroom/polysilicon-news/article/has-rec-silicon-been-taken-hostage-by-its-shareholder-hanwha/