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Article: Italy: Italy outperforms European average
- Article from:
- PPI
- Article date:
- July 1, 2000
- Author:
CopyrightCopyright Miller Freeman Inc. Jul 2000. Provided by ProQuest LLC. (Hide copyright information)
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A bit squashed the Italian paper industry performed quite well in 1999, despite further increases in energy prices. Costs were already higher in Italy than in other competitor countries. But output still grew more than the Cepi (Confederation of European Paper Industries) average, mainly due to a boost in the Italians' market share in both western and eastern Europe.
Production rose 3.8%, but the industry's turnover went up just 1.7% as producers struggled to increase prices in line with the continuous rise in raw material levels. For example, pulp, recovered paper and chemicals prices all increased over the year.
Exports reached a new record level in 1999 of 2.4 million tons. This ...