AUSTRIA: CHIPBOARD INDUSTRY OPTIMISTIC

Article Abstract:

The Wirtschaftskammer predicts Austria's chipboard production to grow from 1.8mn cu.m in 1999 to 2.3mn cu.m in year 2000. Production value is likely to rise from Sch 6.6bn to Sch 7.5bn. In 1999 turnover increased 3.1%, while production volume remained unchanged. Also the production of fibreboard stagnated at 165,000 cu.m. Austria had an export surplus of Sch 4bn in wood board trade in 1999. Austria's chipboard producers Binder, Egger, Funder, Homogenholz, Kaindl and Novopan (owned by Egger and Mayr-Melnhof) have 40 production plants between them in Austria, Germany and Italy. The industry is making investments of Sch 4bn in Austria, including new production facilities for Binder and Kaindl as well as modernisation projects. Environmental projects account for 15% of total investments.

Capital expenditures

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AUSTRIA: CHANGES AT EGGER

Article Abstract:

The Austrian Sankt Johann in Tirol-based wood processing group Egger is streamlining the organisation of the group. While Fritz Egger is withdrawing from day-to-day operations, Michael Egger will be responsible for sales and marketing. In future the chipboard operations in Austria, Germany, France and the UK will be managed by the local Egger companies. Other regional markets will be managed by Egger International. Egger Flooring Products will remain an independent unit with international operations. Egger expects a turnover of more than Sch 18bn in year 2000. The group employs about 4,500 staff at 14 locations in four countries.

Strategy & planning, Foreign operations, Hardwood dimension & flooring mills, Hardwood Dimension & Flooring, Other Millwork (including Flooring ), Dimension stock (Wood product), Wood flooring

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AUSTRIA: SLOWER GROWTH SEEN FOR WOOD BOARDS

Article Abstract:

The industry association expects no more than about a 2% growth in the turnover of Austrian wood board makers in year 2001. In 2000 production of chipboard and fibreboard increased 5% to EUR 501mn. Exports took 80% of the production.

Forecasts, trends, outlooks, Millwork, Plywood & Structural Members, Plywood & Veneer, Veneer, Plywood, and Engineered Wood Product Manufacturing

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