REC Silicon revises down Q3 polysilicon production guidance due to incident
The Moses Lake polysilicon factory. Source: REC Silicon. License: All Rights Reserved.
REC Silicon ASA (STO:RECO) said on Sunday it now expects its plant in Moses Lake, Washington to produce 800 tonnes less granular polysilicon in the third quarter than initially projected due to an incident.
On July 1, one of three gas fired oil heaters at Silane IV was damaged by oil fire during the startup of the facility. The incident did not lead to injuries or releases of process chemicals, the company said. However, it will affect FBR (Fluidised Bed Reactor) capacity.
REC Silicon anticipates the restart of Silane IV in mid-July. Once operational, the facility’s production rates may be limited to about two thirds capacity during the third quarter. Because of that, Q3 granular polysilicon production is now estimated at 3,800 tonnes, which is around 800 tonnes below the previously expected volume.
The company does not currently foresee changes to its prior guidance for the fourth quarter.