French glass maker halts production as energy costs bite ...News

Duralex has been forced to stop operations for five months due to soaring electricity prices, the company’s CEO has announced France’s largest glass manufacturer, Duralex, has suspended operations for five months due to soaring electricity prices, the company's CEO Jose Luis LLacuna told the BFM TV channel on Wednesday. “Our gas and electricity bills have risen from €3 to €13 million a year… The price of energy usually represents 5% to 7% of our turnover. Today, it is around 46%. It is not tenable,” Llacuna explained, adding that the company’s operation had become “nonviable” as it is unable to make a profit after

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