Wacker Chemie reaches deal to keep selling to China

FRANKFURT Tue Mar 18, 2014 2:27am EDT

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FRANKFURT (Reuters) - Germany's Wacker Chemie (WCHG.DE) said Chinese authorities agreed to refrain from charging the company anti-dumping tariffs on polysilicon as long as it did not sell European-made products below a specific minimum price in the Asian country.

Wacker Chemie, the world's No. 2 maker of polysilicon, said the agreement would take effect on May 1 and last until the end of April 2016.

(Reporting by Maria Sheahan; Editing by Christoph Steitz)