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
REC Silicon ASA
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