REC ASA - Interruption during ramp-up of Silico...
Sandvika, April 2, 2009: REC Silicon has temporary halted production
at its new polysilicon plant in Moses Lake, Washington (Silicon III).
On March 30, 2009, REC announced that production at Silicon III had
started and was ramping-up in the initial phase. It was also
emphasized that some interruptions should be expected during the
ramp-up.
The plant had run continuously for 10 days prior to the decision to
stop due to instability in certain operating parameters. The
production in Silicon III was consequently stopped for process safety
reasons.
The total length of the shutdown cannot be determined until real data
simulations have been undertaken and analyzed, and corrective actions
have been identified.
REC will give an update during the presentation of the Q1 2009
financials on April 29, 2009.
For more information, please contact;
Jon Andre Løkke, SVP & IRO; +47 907 44 949
About REC
REC is uniquely positioned as one of the most integrated companies in
the solar energy industry. REC Silicon and REC Wafer are the world's
largest producers of polysilicon and wafers for solar applications.
REC Solar produces solar cells and solar modules and engage in
project development activities in selected segments of the PV market.
REC Group had revenues in 2008 of NOK 8,191 million and an operating
profit of NOK 2,529 million. Please also see www.recgroup.com
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
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