News Article
PV Crystalox to close UK manufacturing operations
PV Crystalox Solar has announced that, to better align production costs with market prices and further reduce overheads, it proposing to stop block production and instead source blocks from an external supplier.
As a result, it is expected that all production operations in the UK will cease during Q3 and, that subject to consultation with employees, most jobs in the Group's UK trading subsidiary, Crystalox Limited, will be lost.
The Group said it will retain its operational wafer production capabilities in Germany and will continue its focus on the niche low carbon footprint wafer market where it has some competitive advantage.