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MEMC Provides Update on Tropical Storm Edouard
2008-08-05 08:15:00
MEMC Provides Update on Tropical Storm Edouard
ST. PETERS, Mo., Aug. 5 /EMWNews/ -- MEMC Electronic Materials, Inc. (NYSE: WFR) today provided an update related to Tropical Storm Edouard, which is currently passing through Pasadena, Texas. The company reported that it has taken safety precautions in preparation for heavy weather associated with Tropical Storm Edouard at its Pasadena, Texas facility. As part of these precautions, the company has moderated operations in various areas of the facility, which is currently anticipated to have approximately a two day effect on polysilicon production. Should circumstances cause a material change to this assessment, or a material impact to the company's financial targets, the company will issue another press release.
About MEMC MEMC is a global leader in the manufacture and sale of wafers and related intermediate products to the semiconductor and solar industries. MEMC has been a pioneer in the design and development of wafer technologies over the past four decades. With R&D and manufacturing facilities in the U.S., Europe and Asia, MEMC enables the next generation of high performance semiconductor devices and solar cells. Safe Harbor Statement Certain matters discussed in this news release are forward-looking statements, including the company's current anticipation that the moderation of operations may have approximately a two day effect on polysilicon production. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These forward-looking statements represent the company's judgment as of the date of this release. The company disclaims, however, any intent or obligation to update these forward-looking statements.
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