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REC Silicon Publishes Third Quarter 2016 Results

Fornebu, Norway - REC Silicon reported third quarter revenues of USD 50.9 million, compared to USD 71.1 million in the previous quarter. The lower revenues are primarily a result of the disruption of the solar grade polysilicon market due to the expiration of the 2015 feed in tariffs in China, which affected the entire value chain.

The ongoing solar trade war between the US and China also continues to restrict REC Silicon



Source: IWR Online, 10 Nov 2016

 


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