Paper industry: Gas Commission recommendation offers perspective - industry situation still serious
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The German paper industry basically welcomes the recommendations of the Gas Commission. "With the gas price brake, the Gas Commission has created a perspective for companies until the beginning of 2024. However, the situation in the industry is still serious, which is why it is now important for the German government to implement it quickly and unbureaucratically," said Winfried Schaur, President of DIE PAPIERINDUSTRIE.
Correctly, the incentives for natural gas savings remain in place and the price mechanisms continue to work. Despite the relief measures now proposed, however, it must not be forgotten that natural gas and electricity prices have at times increased more than tenfold in recent months. The first insolvencies and partial closures are already the result of the cost explosion. Some companies may continue to run into liquidity problems, which in extreme cases could threaten their existence.
"In addition, the electricity price brake must not be forgotten now. In addition to the gas cost problem, we also have a serious electricity cost problem that must also be solved quickly," said Schaur.
