AUSTRIA: LAFARGE-PERLMOOSER ON CEMENT MARKET

Article Abstract:

Martin Kriegner, director general of Lafarge-Perlmooser, predicts the Austrian cement market to remain unchanged in year 2000. In 1999 cement consumption declined 4% to 4.8mn tonnes, largely due to the slump in residential construction market. About 25% of cement produced in Austria is used in residential construction, where it is gaining ground from bricks. Austria's imports from eastern Europe declined slightly and account for just under 20% . Prices are on the increase. Mr Kriegner does not expect further closures of cement factories in Austria, as capacity utilisation is satisfactory. Lafarge-Perlmooser wants to raise its minority stakes in two cement mills in Slovakia and Slovenia into majority holdings.

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AUSTRIA: UPTURN FOR CEMENT INDUSTRY

Article Abstract:

In 1999 Austria's cement industry saw a 4.4% increase in turnover to Sch 3.53bn. This follows several years of declines. According to the industry association VOZ, cheap imports from eastern Europe declined by 18%, but they still account for 19% of the Austrian market.

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AUSTRIA: INVESTMENTS IN CEMENT MILLS

Article Abstract:

The Austrian cement industry is said to be planning investments of Sch 400mn in converting its furnaces for the incineration of alternative fuels such as waste.

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