Polysilicon giant Wacker's profit falls 68% amid solar slowdown

Wacker Chemie’s polysilicon division saw Q2 EBITDA plunge 67.6% year on year to 11 million euros.

Revenue still rose 3% to 226 million euros, but weaker solar-grade demand, falling prices, and higher energy costs hurt profitability.

Semiconductor-grade polysilicon sales increased, but not enough to offset the slump in solar-related earnings.

The results underscore how China-led oversupply and uncertainty over U.S. anti-dumping measures are squeezing non-Chinese producers.