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Siltronic starts benefiting from increased orders after major earthquake in Japan

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The power shortages affecting polysilicon producers in Japan has already had a positive impact on business at Siltronic, a division of Wacker Chemie. In the first quarter, Siltronic posted sales of €280.2 million, compared to €219.1 million in the same period a year ago, an increase of 28%.

Major demand for 300mm wafers was noted by Wacker when report first quarter results, due to the Japanese earthquake that subsequently struck production at Japan’s major 300mm wafer plants due to prolonged power shortages.

Siltronic has seen sales volume increase approximately 20% compared to the same period last year and is currently ramping up production at all its plants, which achieved nearly 80% utilization since mid-March.

Higher utilization and ASPs also helped earnings, according to Wacker’s financial report.

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