Ecobat has decided to suspend lead production at its Paderno and Marcianise plants. The suspension will be effective October 1, 2022.
Ecobat, the world leader in battery recycling, has announced that Eco-Bat S.r.l. will suspend lead production at its Paderno and Marcianise plants in Italy, effective October 1, 2022. These plants have a total capacity of 80,000 tons of lead per year. The decision to suspend lead production is in response to extreme energy prices and other overly burdensome costs in Italy, which show no signs of improving. The company’s attempts to find alternatives to the suspension have not been productive.
Due to the unprecedented economic environment in Italy, Eco-Bat S.r.l. would suffer significant financial losses if it continued its operations without this announced suspension. Nevertheless, Eco-Bat S.r.l. has decided to continue operating its Italian facilities in September to accommodate its customers, despite the fact that the company is operating at significant losses. While lead production will cease as of October 1, various other non-lead activities will continue at both plants as needed. The company is constantly monitoring and evaluating the situation and market developments, as well as possible government support measures.
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