Wooden panels, out-of-control costs due to expensive energy
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The Italian wood panel industry is warning of an "out of control" increase in production costs, threatening the competitiveness of European companies. The costs of energy, gas, and raw materials such as wood and urea have surged, with electricity bills up 106% and gas prices up 85% in the second half of this year. The industry is calling on the EU to intervene to reduce the difference in energy costs and establish fairer competition conditions, as European companies are struggling to compete with international producers who face less stringent environmental regulations.
The increases in costs are expected to be passed on to the market in the next 4-5 months, which could put many companies at risk.
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.
