Leadership Change Announced at PCC BakkiSilicon

Kári Marís Guðmundsson will step down as CEO of PCC BakkiSilicon at the end of the month, according to a company announcement. He will continue to serve as a special advisor to the company. Kristín Anna Hreinsdóttir has been appointed as the new CEO. Operations at PCC BakkiSilicon were …

PCC Iceland

Several companies forced to lay off staff following PCC shutdown

The temporary closure of the PCC BakkiSilicon metallurgical plant continues to have ripple effects across the Húsavík region, with many local businesses now facing reduced income and staff layoffs, Morgunblaðið reports. According to a new survey conducted by the Association of Municipalities in Northeast Iceland, the economic impact varies …

Unemployment Rises Sharply This Autumn, With Meetings Planned in Húsavík

The number of unemployed people in Iceland is rising faster than usual this autumn, largely due to the collapse of Play airline and layoffs at PCC BakkiSilicon in Húsavík, Morgunblaðið reports. Unnur Sverrisdóttir, director of the Directorate of Labour, explained that seasonal unemployment typically increases in October as tourism …

PCC Iceland

Economic Uncertainty Grows as PCC Bakki Remains Idle

The temporary shutdown of the PCC Bakki Silicon plant near Húsavík has raised concerns about the long-term impact of industrial closures on local communities. RÚV reports that Norðurþing municipality could lose around 700 million ISK in revenue due to the halt in operations, forcing difficult decisions on whether to …

Norðurþing Faces Heavy Losses from PCC Shutdown

The municipality of Norðurþing is facing significant financial strain from the halted operations at PCC BakkiSilicon. The closure of the silicon plant at Bakki is estimated to cost the municipality 700 million ISK (about €4.6 million), largely in lost revenue and associated economic activity. RÚV reports that Mayor Katrín …

PCC Iceland

PCC BakkiSilicon Cuts 30 More Jobs Amid Ongoing Market Uncertainty

PCC BakkiSilicon has announced the dismissal of 30 additional employees at its silicon metal plant near Húsavík, citing continued instability in the global silicon market. The company had already laid off around 80 workers in mid-July, when production was halted due to what management described as a “temporary suspension …

PCC Iceland

Plans to restart Silicon Metal Plant in Spring

The Silicon Metal Plant PCC Bakki has announced plans to start hiring workers early in the year 2021, according to an announcement from the company before the weekend. PCC temporary shut down the plant’s furnaces last August to make necessary improvements to its smoke treatment plant. Due to difficult …

Small fire at PCC plant in the early morning hours

A small fire broke out in the PCC silicon plant at Bakki, north of Húsavík, in the early morning hours during the night shift. A swift response for the municipal fire department, first responders and staff on site prevented further damage. This is the second time that a fire …

Þeistareykir geothermal power plant goes online

The first turbine unite of the 90 megawatt Þeistareykir geothermal power plant went online today. The new plant consists of two turbine units, each with a 45 megawatt capacity. The second 45 MW turbine unit is scheduled to go online in April next year. Landsvirkjun, the National Power Company …