Paper mills, 44% at risk of redundancy fund: industry and unions sound the alarm
Energy increases and 50 paper mills risk having to resort to redundancy fund in the second half: 44% of plants in Italy. From this processing - made by the study office of Assocarta...
Italy's paper industry is facing difficulties due to rising energy costs and increased competition from Asian imports. According to Assocarta and trade unions, 50 paper mills, or 44% of Italy's plants, may need to resort to temporary layoffs in the second half of the year. The industry is calling for urgent government and EU intervention to address competitiveness, production continuity, and employment concerns.
Energy costs have risen from €35 to over €80 per MWh, potentially increasing annual gas bills by €500 million and reducing the sector's competitiveness.
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.
