REC Silicon

REC Silicon hit by call-in of $17m loan related to failed wafer operation

Finnish lender Nordea has called in a NOK150 million indemnity loan thought to have been taken out by REC Silicon ASA as a result of the bankruptcy of its Norwegian wafer manufacturing arm seven years ago.

Dec 23, 2019 // Manufacturing News, Markets & Finance News, USA, Washington, Europe, North America, Norway, REC Silicon, Nordea

Several buyers keen on REC Silicon’s Butte facility, CTO tells PV Tech

Norwegian polysilicon manufacturer REC Silicon announced last Thursday it is considering selling its silane gas facility in Butte, in the US state of Montana.

Oct 9, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, USA, Washington, polysilicon, Montana, North America, REC Silicon, trade war, silane gas, James May

REC Silicon May Sell Montana Facility

The polysilicon company draws another bad hand in the trade war.

Oct 4, 2019 // Manufacturing News, Markets & Finance News, USA, China, Trump, Asia, North America, REC Silicon, Montana facility, James A. May

REC Silicon prepared to power down the rest of its operation

The Norwegian polysilicon and silane gas producer has announced it will listen to offers for its production facility in Butte Montana after mothballing its other manufacturing operation – at Moses Lake, Washington – in the summer.

Oct 4, 2019 // Manufacturing News, Tariffs, USA, China, Trump, Asia, North America, Silicon ASA, REC Silicon, Barack Obama

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