Solar crisis hits Wacker Chemie's polysilicon unit
REUTERS - Wacker Chemie said fourth-quarter core profit at its key polysilicon unit more than halved, burdened by an ongoing crisis in the solar sector, which it supplies.
The world's No.2 maker of polysilicon, a key ingredient used in the production of solar cells, said quarterly earnings before interest, tax, depreciation and amortisation (EBITDA) at its polysilicon unit fell 53 percent to 78 million euros ($106 million).
