The PV market has been sluggish for the first half of this year. Despite this, polysilicon producer WACKER (ETR:WCH) has reported that its polysilicon market demand is still strong, prices are still stable, and it is expected that its original polysilicon plant by 2015 Polysilicon production in the new polysilicon plant in the United States is almost completely sold out.
According to the report of WACKER, its polysilicon unit revenue reached 399.2 million euros, an increase of 24% compared with 321.5 million euros in the same period of 2010. However, its sales volume in the first quarter of 2011 has dropped to only 414.4 million euros. However, the salt used for road ice-prevention is also a product of this sector. Due to the bad weather conditions in the first quarter, the demand for this product is very large. Therefore, this obviously does not mean that there is a problem with the demand for polysilicon.
The department announced its EBITDA of 18,820,000 euros, an increase of 8% over the same period last year. But this is because the initial operating costs limit its revenue growth, and the near-complete initial operating costs of the Ninglishz polysilicon market are expected to be put into production as planned in recent months.
According to WACKER, all of the company's polysilicon production facilities are operating at full capacity, and since the eighth phase of the Burghausen plant expansion project has been completed, the plant has been expanded and equipment production has increased significantly.
In terms of forecasting, WACKER has always been known for being conservative. The management of the company only reiterated its previous full-year economic outlook. Group sales are still forecast at 5 billion euros.
According to the report of WACKER, its polysilicon unit revenue reached 399.2 million euros, an increase of 24% compared with 321.5 million euros in the same period of 2010. However, its sales volume in the first quarter of 2011 has dropped to only 414.4 million euros. However, the salt used for road ice-prevention is also a product of this sector. Due to the bad weather conditions in the first quarter, the demand for this product is very large. Therefore, this obviously does not mean that there is a problem with the demand for polysilicon.
The department announced its EBITDA of 18,820,000 euros, an increase of 8% over the same period last year. But this is because the initial operating costs limit its revenue growth, and the near-complete initial operating costs of the Ninglishz polysilicon market are expected to be put into production as planned in recent months.
According to WACKER, all of the company's polysilicon production facilities are operating at full capacity, and since the eighth phase of the Burghausen plant expansion project has been completed, the plant has been expanded and equipment production has increased significantly.
In terms of forecasting, WACKER has always been known for being conservative. The management of the company only reiterated its previous full-year economic outlook. Group sales are still forecast at 5 billion euros.
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Barrel Sauna
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