Article Tools

Chemical Industry Warns of Investment Stop

Published: June 22, 2012; 08:34 · (Vindobona)

Peter Untersperger, CEO of the fiber manufacturer Lenzing and chairman of the Austrian chemcial industry is very critical of the energy efficiency act.

Chemical Industry Warns of Investment Stop / Picture: © Lenzing AG

The proposal oft he new energy efficiency act, which should implement an EU-direct into Austrian law, encounters massive criticism by the Austrian chemcial industry. The target ist he reduction of greenhouse gas by 20% until 2020.

For Untersperger, this act brings an excessive burden for the industrial sector. On the one side, there is the energy fee, which should bring about €…

This article includes a total of 250 words.

or Log In

Fast News Search
Related News
Borealis Plans to Issue a Corporate Bond (June 20, 2012)
Austrian Chemical Industry Grows (May 11, 2012)
Declining Revenues and Net Income at Lenzing (May 10, 2012)
Lenzing´s Earnings May Fall Considerably (May 8, 2012)
Chemical Industry: Workers Want 5.8% Wage Increase (April 18, 2012)
Read More
Investments, Lenzing, Peter Untersperger, Greenhouse Gas, Chemical Industry, EU European Union, Forecasts, Leaders
ISIN
AT0000644505
Featured
Updated Directory of Foreign Ambassadors in Austria 2018
List of National Days of the home countries of all foreign Missions and Delegations in Vienna, Austria
See latest Vindobona Newsletter