Austrian cement industry grows by 4% to 4.6Mt in 2015

Byjirong

Updated Wed, 18 May 2016 10:53:42 GMT

Austria: The Federation of Austrian Cement Industry (VÖZ) has reported that its national cement market volumes grew by 4% year-on-year to 4.6Mt in 2015. Overall sales turnover increased by 4.3% to Euro388m. Alongside this, the use of alternative fuels by the cement industry increased to 76.1% in 2015 from 75.5% in 2015.

Rudolf Zrost, CEO of VÖZ, lauded the growth in cement volumes despite a ‘difficult’ year. Looking ahead to 2016 he expected that a turnaround in housing investment and hopes for infrastructure spending in 2016 would aid the market.

He also warned against emissions trading describing it as ‘bureaucratic’, as stifling innovation and as having no basis in reality.