Wacker’sPolysilicon division saw Q4 2012 profits fall by 53% to €78m ($105m) before interest,tax depreciation and amortisation, compared to 2011’s same quarter.
Likeother producers of the key solar raw-material, it has been battered by pricefalls and inventory gluts higher up the supply chain.
Releasing preliminaryfigures for the quarter, Wacker Chemie CEO Rudolf Staudigl says: “Price pressure, high inventory levels and thedifficult financial situation of many market players clearly left their mark on2012.”
But
