ILVA, €847 million invested in the environment

Rome - The updated figures disclosed by ILVA’s receivership commissioners – Piero Gnudi, Corrado Carrubba and Enrico Laghi - in their report of 24 March, go as far as 30 November 2015.

Rome - The updated figures disclosed by ILVA’s receivership commissioners – Piero Gnudi, Corrado Carrubba and Enrico Laghi - in their report of 24 March, go as far as 30 November 2015. The report outlines the interventions and measures taken to upgrade the facilities at the steel plant in Taranto to meet environmental legislation based upon the Integrated Environmental Authorisation (IEA). Just over €847 million were spent or invested in the implementation of the environmental plan, including amounts spent and investments made, to which over 18 million must be added for the waste plan. The day after the Government’s tenth decree - which changes the deadline for potential buyers to file a bid to takeover ILVA, from 23 June to 30 June, and instructed a committee of experts to provide an opinion within 120 days, on the proposal to change the environmental plan presented by private shareholders - the leadership of the local FIM, FIOM, and UILM unions requested an urgent meeting with the ILVA Commissioners. The lengthening of the deadline for the sale of ILVA to a new consortium, the unions say, is not useful for the factory nor the workers. Up until now, the most substantial investments made at ILVA were for the IMA (Maritime Plants) area and the material storage areas (just over €213 million), followed by those for the blast furnaces (just under €169 million) and for the coking plant (about €153 million). These came after the interventions in the “Agglomeration” area (€93 million and) and for the closing of the conveyor belts, the linking towers and the buildings (€90 million), while over €27 million were invested in the management of emissions control. The steel plant at Taranto is currently operating with three blast furnaces (1, 2 and 4), while blast furnace 3 is still considered non-operational (only its shell remains) and blast furnace 5, which on its own contributes 40% of the total production, is out of service so it can be brought up to IEA compliance standards, but the facility has not yet been touched (the intervention design has already been hired out). On 30 November 2015, steel production was recorded at 4,332,416 tonnes, but in the first months of this year - union sources report - production has increased and based on the new standard, could reach a final figure of 5.5 million tonnes.

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