IN DEPTH: Wacker's US price choice

The Tennessee plant represents the biggest investment in Wacker's history

The Tennessee plant represents the biggest investment in Wacker's history

Cheap electricity was “the most important” factor in Wacker Chemie’s decision to base its newest polysilicon factory in the US rather than Germany, said Ewald Schindlbeck, Wacker’s president for polysilicon.

He also admitted that the physical location of such facilities is largely irrelevant.

Schindlbeck’s acknowledgement that US power prices – hammered down in recent years by the shale gas boom – played the decisive factor in its decision comes against a backdrop of increasing handwringing in Germany over the cost of the country’s Energiewende, or energy transition.

Munich-based Wacker announced in 2010 its plan to build a 15,000-tonne polysilicon factory in the US state of Tennessee, with more than 600 jobs to be created. The plant’s timeline was subsequently pushed back Log in to read complete article.

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