The story says Luoynag Zhonggui has been dumping manufacturing waste - in particular a toxic chemical called silicon tetrachloride - in open fields outside its factory. The Post notes that silicon tetrachloride is highly toxic, and breaks down into chlorine and hydrochloric acid.
The story mentions that Luoyang Zhonggui supplied polysilicon to Suntech (STP); some digging around finds other customers include China Sunergy (CSUN) (here’s a story on an announcement of their relationship from last year), and LDK Solar (LDK), as shown in various SEC filings.
You’d think this could be good news for MEMC Electronic Materials (WFR), one of the few public players in the polysilicon market. But it could be damaging to the industry overall if the solar cell business is suddenly seen as a lot less green than it would seem at first glance.
In Monday’s trading:
- MEMC is down $1.35, or 1.8%, at $72.76.
- Suntech is down $1.32, or 3.9%, at $32.75.
- China Sunergy is down 24 cents, or 3.5%, at $6.64.
- LDK Solar is down $1.45, or 6.5%, at $21.04.






This article has 13 comments:
- User 82064
- 3 Comments
Mar 10 04:10 PMDid anyone really think there is a manufacturing process anywhere that doesn't leave behind some waste and residue that requires proper disposal or recycling? Is it being suggested that somehow Suntech's sales should fall because the plant manager of a supplier didn't do his job properly?
- chemguy
- 1 Comment
Mar 10 04:39 PM- tessant
- 174 Comments
My Website
Mar 10 07:47 PMscott
growthportfolio.ning.c...
"the facebook of investing"
- bluesmoke
- 129 Comments
Mar 10 07:54 PM- simon2008
- 1 Comment
Mar 11 04:43 AM- maxbid
- 41 Comments
Mar 11 08:18 AMOh yea, get a life too.
- Tom B
- 1697 Comments
Mar 11 09:48 AM- Tom B
- 1697 Comments
Mar 11 09:50 AM- widicusf
- 29 Comments
Mar 11 11:10 AMBuy Suntech on weakness...it will be squeezing the market very soon with price cuts.
- REBEL
- 75 Comments
My Website
Mar 11 04:57 PM- alpha24seven
- 170 Comments
Mar 11 06:09 PMYou people sound childish. You actually remind me more of the type of personality associated with eco-terrorists.
Production of solar grade Si is nasty. The Chinese have a LONG standing history of not giving a damned about the environment. Why are you all so shocked and in such disbelief? Why do you think they can produce for less anyways?
Like I said earlier -- childish. Grow up...
- gebby
- 137 Comments
My Website
Mar 12 06:24 PM- garykline
- 10 Comments
My Website
Mar 13 03:41 PMVol. 173, No.9 (and the 15 March Environmental Science & Technology).
Solar keeps getting greener and greener.
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