Wacker’s
Polysilicon
division
saw
Q4
2012
profits
fall
by
53%
to
€78m
($105m)
before
interest,
tax
depreciation
and
amortisation,
compared
to
2011’s
same
quarter.
Like
other
producers
of
the
key
solar
raw-material,
it
has
been
battered
by
price
falls
and
inventory
gluts
higher
up
the
supply
chain.
Releasing
preliminary
figures
for
the
quarter,
Wacker
Chemie
CEO
Rudolf
Staudigl
says:
“Price
pressure,
high
inventory
levels
and
the
difficult
financial
situation
of
many
market
players
clearly
left
their
mark
on
2012.”
But
he
adds:
“Recent
weeks
have
provided
encouraging
signals
indicating
additional
photovoltaic
expansion,
especially
in
China
and
the
US.
“That
could
result
not
only…