COVID’s negative effect on OCI’s polysilicon

OCI’s polysilicon production fell about 44% while is sales dropped 40% due to COVID-related shutdowns in Malaysia. In the first quarter of 2022 EBITDA fell to 26% and operating margin was 22% vs. 46% and 43%, respectively, in the fourth quarter of 2021. After two-month lead time of raw materials from purchase to delivery, manufacturing…

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