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Subject:  BW: Solar: MEMC dn on 65% polysilicon price fal Date:  2/16/2012  1:58 PM
Author:  pauleckler Number:  18019 of 18741

MEMC, second largest US polysilicon producer, reported a major loss driven by a 65% decline in polysilicon prices to $26.52/kg. Competition from Chinese producers is the driver.

MEMC is responding with a major restructuring to reduce costs.

Solar panel pricing should be getting more attractive for users, but panel producers seem to be getting squeezed.
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