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Rising energy prices hit Italian manufacturing

CGTN, 27 May 2022
For more:
https://news.cgtn.com/news/2022-05-27/Rising-energy-prices-hit-Italian-manufacturing-1anAzho2Gdy/index.html


Since the outbreak of the #Russia-Ukraine conflict, the West has imposed several rounds of sanctions on #Russia. The resulting spike in energy prices has had a serious impact on the Italian manufacturing industry: many companies have been forced to adjust their production plans and reduce energy consumption. #SACMI mainly produces packaging machinery, ceramic equipment, filling equipment, cap-making machinery, and other products. When manufacturing ceramic equipment, a lot of energy is required for the firing process. The increase in natural gas prices has made the ceramics industry unsustainable.


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