REC Silicon ASA ADR (RNWEY)

REC Silicon ASA ADR is a depositary receipt listed on OTC Markets that represents common stock of REC Silicon ASA, a Norway-based materials company. Through itself and its subsidiaries, the issuer produces and sells silicon materials for the solar and electronics industries in Norway and internationally. Its product range includes silane gas and specialty gases such as dichlorosilane, monochlorosilane, and disilane, which are used in manufacturing processes for flat panel displays, semiconductors, and solar cells. The company also supplies solar-grade polysilicon for ingot and wafer production, as well as electronic-grade polysilicon for applications in motor control, power conversion, electric vehicles, wind energy, high-voltage transmission, 5G communications, high-speed trains, the internet of things, and data-intensive systems. Founded in 1996 and headquartered in Lysaker, Norway, the company was formerly known as Renewable Energy Corporation ASA and adopted its current name in 2013.

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