Three Ukrainian glass processing plants have stopped because of the unbearable cost of gas under the threat of dismissal of 12 thousand workers. This was announced on Tuesday, January 18, by the profile association “Glass of Ukraine”.
“Due to the increase in the cost of energy resources, three enterprises in the glass industry have already completely stopped, and the rest have entered the stage of technological downtime in order to prevent a complete shutdown of furnaces,” the report says.
According to the profile organization, glass enterprises in Ukraine are rapidly becoming unprofitable and are actually at the stage of bankruptcy and complete closure.
“More than 12 thousand workers in the industry and a significant number of workers in related enterprises may be left without work, and budgets at all levels will lose billions of funds,” the association added.
The reason for this, according to Glass of Ukraine, was the increase in the price of natural gas, which is up to 50% of the cost of glass products. Another negative factor, critical for the industry, is the significant dumping import of glass products to the territory of Ukraine from countries where energy prices are lower.
Earlier, on January 13, it was reported that Ukrainian bakeries are on the verge of stopping production due to failure to comply with the Cabinet of Ministers’ decree on gas supplies at preferential prices. Bakers complain that they cannot buy gas at market prices, as this will lead to a further increase in the debt for raw materials and the termination of its supply, primarily flour.
In December, representatives of the Ukrainian dairy and grain industries warned of a possible cessation of production in their sectors due to a catastrophic rise in gas prices to UAH 60 (more than $2 per 1 cubic meter since January).
Gennady Ryabtsev, deputy head of the Psyche scientific and technical center, warned about high gas prices in Ukraine on December 6. On the same day, the Ukrainian Ministry of Economy announced that the price of imported gas had quadrupled over the year, to $730.6 per 1,000 cubic meters. m. At the same time, in November 2020, its average cost was $182.5 per 1 thousand cubic meters. m.
Source: IZ
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
