Management is planning to close the remaining production capacity in Moses Lake due to the US/China Solar Trade War. If the trade war continues and the 57% duty on solar grade polysilicon imports into China remain, management will close its production capacities in Moses Lake in Washington USA. The shutdown would also imply laying off around 400 employees out of a total of 720 employees. Management is complaining that little progress has been made in the trade dispute. To its understanding, t
22 Sep 2015
Risks increased substantially
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Risks increased substantially
REC Silicon ASA (0FS8:LON) | 0 0 0.0% | Mkt Cap: 1,187m
- Published:
22 Sep 2015 -
Author:
Heinz Steffen -
Pages:
2
Management is planning to close the remaining production capacity in Moses Lake due to the US/China Solar Trade War. If the trade war continues and the 57% duty on solar grade polysilicon imports into China remain, management will close its production capacities in Moses Lake in Washington USA. The shutdown would also imply laying off around 400 employees out of a total of 720 employees. Management is complaining that little progress has been made in the trade dispute. To its understanding, t