According to Huacheng Import and Export Data Observation, the energy crisis has brought considerable pressure on German industrial enterprises such as toilet paper manufacturers, and some companies have reduced or stopped production. The industry is worried that the long-term rise in energy prices will automatically deindustrialize Germany.
According to Huacheng's import and export data observation report, Carsten Rolle, a director of the German Confederation of Industry (BDI), said that its main factory in Minden had stopped production because of economic problems.
Rohr said that the current energy crisis may be more serious for the German manufacturing industry than the new epidemic. Rolle said that energy is the lifeblood of industry. If the energy cost is not sustainable, then manufacturers cannot afford production costs and consumers cannot afford product prices. Rohr expressed concern about the prospect of German industry, saying that "the current energy price level means that Germany is automatically deindustrializing". Huacheng Import and Export Data Observation Report.
According to the Huacheng Import and Export Data Observation Report, a survey conducted by the German Chamber of Commerce and Industry (DIHK) in July showed that 16% of the 3500 companies surveyed had reduced production or closed down. Earlier this month, the German government announced a 65 billion euro rescue plan. However, the representative of the German paper industry said that even with government support, the paper mill would be difficult to survive.
Earlier, Hakle, the oldest toilet paper manufacturer in Germany, had filed for bankruptcy because of rising energy prices, high pulp prices, increased transport costs and other factors, and was unable to afford production costs. Huacheng Import and Export Data Observation reported.