KUALA LUMPUR, Feb 18 — SunEdison Inc said it closed a polysilicon factory in Texas after China imposed a 53.6 per cent tariff on polysilicon manufactured in the United States, and planned to sell a silicon wafer factory in Malaysia.
The company said today it expected to record US$266 million (RM1.1 billion) in impairment charges and US$171 million in other restructuring charges for the fourth quarter ended December 31.
The Pasadena, Texas plant was closed on February 16, SunEdison said. The closure would affect 180 jobs, it added.
The company said it would also convert its Portland, Oregon plant into a research & development and training facility, affecting about 40 jobs.
The factory in Kuching, Malaysia would be sold to China-based LONGi Silicon Materials Corp and the deal is expected to close in March, SunEdison said. — Reuters
