REC improves global competitiveness of polysilicon and silane gas production in Moses Lake, WA with Foreign Trade Zone (FTZ) grant.
On December 20, 2010 the Foreign-Trade Zones Board issued a Grant of Authority (Board Order No. 1731) to the Port of Moses Lake Public Corporation authorizing the establishment of the REC Silicon Subzone for the production of polysilicon and silane gas at the REC Silicon manufacturing plant located in Moses Lake, WA .
Operating under FTZ procedures will result in REC Silicon realizing customs duty savings on imported silicon metal used in export production. Export production currently accounts for over 90% of production. Moreover, the savings REC Silicon will realize through FTZ procedures will help improve the plant's international competitiveness.
The use of the FTZ program by REC Silicon fully complies with the National Export Initiative set out in the Executive Order signed by President Obama on March 11, 2010. The manufacturing within the subzone of polysilicon and silane gas by REC Silicon for exports coincides perfectly with the purpose of the initiative: to encourage private sector exports of goods manufactured within the United States, having Federal entities work with and assist private companies to achieve this export objective.
REC Silicon is considering requesting manufacturing authorization for its plant in Butte, MT where the same benefits can be realized for the polysilicon and silane gas produced for exports. The REC Silicon manufacturing plant in Butte is already located on property that has received FTZ designation.
For more information:
Anne Ekern, Director of Communications, REC Silicon, (509) 760-0014
Sharon Palmerton, Head of Community Affairs, REC Silicon (509) 760-6314