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Markets :: Basic Chemicals :: Inorganic Chemicals :: Silicones

… As Photovoltaic Demand Soars

12:14 PM MDT | April 3, 2009 | Natasha Alperowicz In Jena

Wacker Chemie is making the most of very high growth in demand for silicon wafers from the photovoltaic (PV) industry with plans to expand its business faster than the market, says Axel Schmidt, managing director of Wacker Schott Solar (Jena, Germany), an equally owned joint venture between Wacker and Schott Solar (Alzenau, Germany). The global PV market, which is estimated to have reached €14 billion ($18.99 billion) in 2007, has grown 40%/year during the past eight years. Schmidt: Growing faster than the market. Wacker Schott Solar produces solar-cell...

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