Mercoledì, 26 Settembre 2018

ILVA wants to keep investing in Taranto, chairman says


(ANSA) - Bari, September 14 - The troubled ILVA steelworks
intends to continue investing in its operations in the Southern
Italian city of Taranto, according to a statement released on
"ILVA intends to continue investing in Taranto in the
context of a well-defined program of the sustainability of its
future prospects," according to Chairman Bruno Ferrante in the
The comments were released after Ferrante met with local,
regional and national authorities on Friday to discuss the
future of the steel plant.
Several courts this year have placed control of the company
into the hands of court-appointed managers so as to steer it
through an environmentally friendly upgrade of its machinery.
Shortly after the meeting, Ferrante had told reporters the
company was having difficulty in relation to the uncertainty of
the rules and regulations governing the steel sector, adding
that when they change it "forces the company to change its
position and its investments each time it happens".
Prosecutors on Friday said ILVA week will need to start
scaling back production to upgrade its machinery starting next
The ILVA plant was seized by court order on July 26 for
emitting toxic pollution.
The government and ILVA have since been embroiled in a
fierce legal standoff since a local court ordered the partial
closure of the plant for environmental and health violations
over a number of years.
Courts closed parts of the steel mill in a move which ILVA
has said will essentially halt production, not just in Taranto
but at its other plants as well.
The company, workers, the unions and the Italian government
have all been working together to keep the plant operating while
the environmental upgrades are carried out.
Italian Environment Minister Corrado Clini said he imagined
foreign competitors were hoping for a negative outcome of the
upgrade process.
"We can suppose a lot of European and non-European
industrial groups have good reasons to hope that our initiative
is not successful," Clini said.
"They have a lot of instruments at hand that could be used
to negatively influence the outcome of our work".

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