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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 €…

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Chemical Industry Warns of Investment Stop

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

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.