REC Silicon ASA 2024 AR2

The report highlights REC Silicon's strategic transition to a pure-play silicon gas producer in 2024, following the discontinuation of polysilicon production at both its Butte and Moses Lake facilities. Financially, the company recorded revenues of USD 140.8 million from continuing operations, with an EBITDA loss of USD 17.9 million. On the sustainability front, the company achieved a significant reduction in carbon intensity, decreasing to 32.8 tCO2e per ton of product, driven by the shutdown of energy-intensive polysilicon operations. However, the year was marked by operational challenges, including a rise in recordable work-related injuries and workforce restructuring due to facility closures.

Company: REC Silicon ASA

Sector: Information Information Technology

Country: Norway

Year: 2024

Type: AR2

Pages: 155

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REC Silicon ASA

REC Silicon ASA 2024 Annual Report

Annual Report

The report highlights REC Silicon's strategic transition to a pure-play silicon gas producer in 2024, following the discontinuation of polysilicon production at both its Butte and Moses Lake facilities. Financially, the company recorded revenues of USD 140.8 million from continuing operations, with an EBITDA loss of USD 17.9 million. On the sustainability front, the company achieved a significant reduction in carbon intensity, decreasing to 32.8 tCO2e per ton of product, driven by the shutdown of energy-intensive polysilicon operations. However, the year was marked by operational challenges, including a rise in recordable work-related injuries and workforce restructuring due to facility closures.

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Document Details

Report Year

2024

Reporting Period

Jan 1, 2024 - Dec 31, 2024

Fiscal Year

2024

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Scope 3:

Energy Consumption

Renewable Energy

Water Consumption

Total Waste

Women on Board

Women in Management

Workplace Fatalities

Employees