Pro-Gest Halts Production at all its Mills in Italy
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Packaging group Pro-Gest has announced a temporary production stop at all of its six paper mills in Italy, EUWID reports. This is seen as a consequence of the war in Ukraine and exorbitant energy prices.
The company said that following the rapid escalation of natural gas prices, now at historic highs, it was resorting the force majeure and had decided to temporarily stop production.
Packaging production is not affected and the packaging plants will continue producing normally for the time being.
The price of natural gas, now more than ten times higher than twelve months ago, has tripled in little more than a week, according to Pro-Gest.
"We will do our best to support our customers by assessing the delivery situation on a case by case basis. We sincerely hope to be able to resume production as soon as the situation allows," the company said in a statement.
