About REC Silicon
REC Silicon is a company based in Lysaker (Norway) founded in 1983. The company has 466 employees as of December 31, 2024. REC Silicon offers products and services including Signature Silane®, Specialty Gases, Electronic-Grade Polysilicon, and Solar Grade Polysilicon. REC Silicon operates in a competitive market with competitors including Ferroglobe, Silicor Materials, Jiangxi LDK Solar Hi-Tech, Hemlock Semiconductors and Qatar Solar Tech, among others.
- Headquarter Lysaker, Norway
- Employees 466 as on 31 Dec, 2024
- Stage Public
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Sectors
Energy & Utilities
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Phone
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Website
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Social
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- Legal Name Rec Silicon Asa
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Annual Revenue
$133 M (USD)1.74as on Dec 31, 2024
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Net Profit
-$433.35 M (USD)-1625.46as on Dec 31, 2024
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EBITDA
-$16.29 M (USD)14.64as on Dec 31, 2024
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Latest Funding Round
$160 M (USD), Post-IPO
Nov 18, 2021
- Investors
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Employee Count
466
as on Dec 31, 2024
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IPO & Listings of REC Silicon
REC Silicon is a publicly listed company on the OSL with ticker symbol RECSI in Norway, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of REC Silicon
REC Silicon offers a comprehensive portfolio of products and services, including Signature Silane®, Specialty Gases, Electronic-Grade Polysilicon, and Solar Grade Polysilicon.
Pure silicon gas for memory processes and battery production
Gases for flat panel displays and solar cell manufacturing
Materials for electric vehicles and 5G communications
Polysilicon for solar ingots and wafer production
People of REC Silicon
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Funding Insights of REC Silicon
Investors in REC Silicon
REC Silicon has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Hanwha Solutions.
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Investor details for REC Silicon
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Investments & Acquisitions by REC Silicon
Investment portfolio details for REC Silicon
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Financial Statements - REC Silicon
Detailed financials for REC Silicon
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Rec Silicon Comparisons
Peer comparison for REC Silicon
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Competitors of REC Silicon
REC Silicon operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ferroglobe, Silicor Materials, Jiangxi LDK Solar Hi-Tech, Hemlock Semiconductors and Qatar Solar Tech, among others.
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Silicon metal and ferroalloys are produced for industrial applications.
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Produces high-quality silicon for manufacturing solar photovoltaic cells.
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Poly-silicon, ingots, wafers, batteries, and solar components are manufactured.
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Manufactures hyper-pure polysilicon for solar panels, electronics, and global supply chains.
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Produces high-quality polysilicon for solar energy applications.
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Detailed competitors of REC Silicon
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Latest news on Rec Silicon
Complete news archive for REC Silicon
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Frequently Asked Questions about REC Silicon
REC Silicon was founded in 1983 and raised its 1st funding round 37 years after it was founded.
REC Silicon is headquartered in Lysaker, Norway.
As of Dec 31, 2024, the latest employee count at REC Silicon is 466.
Annual revenue of REC Silicon is $133M as on Dec 31, 2024.
REC Silicon is engaged in developing and manufacturing solar electronic grade polysilicon and silane gas raw material for solar panel manufacturers and the electronics industry. Polysilicon material comes in forms like granular, as-grown Siemens rods, rod segments, chunks, chips, and fines. Both materials could be used in CZ monocrystalline based ingotwafer manufacturing, novel wafer applications, casting multi-crystalline based ingotwafer manufacturing, smartphones, flat screen TVs, laptops, and hybrid electric vehicles. Holds a manufacturing plant with the capacity of producing more than 20,000 MT of polysilicon and 29,000 MT of silane gas annually.
REC Silicon's top competitors include Ferroglobe, Jiangxi LDK Solar Hi-Tech and Solarsilicon Recycling Services.
REC Silicon offers Signature Silane®, Specialty Gases, Electronic-Grade Polysilicon, and Solar Grade Polysilicon.
Yes, REC Silicon is publicly traded on OSL under the ticker symbol RECSI.
REC Silicon has 1 investor. Key investors include Hanwha Solutions.
The ticker symbol of REC Silicon is RECSI on OSL.