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Wacker adjusts solar polysilicon contract to reflect market conditions

11:16 AM MST | January 28, 2014 | Natasha Alperowicz

Wacker Chemie today announced that it has agreed with an unnamed polysilicon customer to adjust volumes and prices. Wacker will continue to supply the customer with hyperpure polysilicon for solar cells under different conditions to those previously agreed. The adjustments made include prices and reduced delivery volumes.   Due to the new arrangements, Wacker will recognize special income from retained advance payments and from damages in its financial statements for the first quarter of 2014. Wacker’s first-quarter earnings before interest and tax are...

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