Panels, costs up 12% Impact on the furniture sector
The price of urea could increase by 40% in four years. Businesses ask the EU to exclude this raw material from the regulation.
The European wood panel industry is eagerly awaiting a September meeting in Brussels to discuss the Carbon Border Adjustment Mechanism (Cbam). Italian and European companies are urging the EU to exclude urea from the mechanism, which imposes a tax on imports of raw materials and semi-finished products that generate high CO2 emissions.
The industry warns that the tax could compromise the competitiveness of the entire supply chain, with estimated cost increases of 40-60 euros per ton in the transition phase and 160-240 euros per ton over four years. Companies such as Assopannelli, Efic, and Egger Italia are calling for an exemption, citing the impact on production costs and the risk of reduced exports.
Written by urgent.news from Il Sole 24 Ore's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
