Venerdì, 19 Ottobre 2018

Italy calls for new ILVA investments, upgrade aid not enough


(ANSA) - Taranto, August 21 - An Italian government
official said the 146 million euros of subsidies earmarked to
help ILVA carrying out obligatory upgrades will not suffice,
adding the southern Italian steelmaker will need to carry out
all required investments to ensure it is permitted to continue
"The necessary upgrades that would eliminate the dangers
posed to the environment by the machinery in large part anyhow
coincide with the required modernization of production
technology," said environmental minister Corrado Clini.
The Italian government and ILVA have been embroiled in a
fierce legal standoff since a local court that has ordered the
partial closure of the plant for environmental and health
violations over a number of years.
A Court of Review Monday said ongoing operations over the
years at ILVA's Taranto steelworks had resulted in severe
pollution, confirming the decision made earlier in the month to
close down the plant whilst the necessary upgrades are carried
The company has criticised the legal decision, saying the
closure would put the livelihood of the 12,000 people it
employs, as well as the jobs of many other people in the related
supply chain, at risk.

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