Chemicals Sector

An Expert's View about Chemicals in Austria

Posted on: 24 Aug 2012

Chemicals form 12.1% of Austrian output. Plastics is the largest sector. Innovation and new processes are sought.

Chemicals Sector in Austria Chemicals form 12.1% of Austrian output. Plastics is the largest sector. Innovation and new processes are sought. Companies have good links into CEE countries. Market overview The growth of production in 2011 exceeded 10.5%. Some 270 companies operate in the sector and employ 43,200 staff. The majority of large firms are foreign owned such as Borealis, Henkel, Asota, Supor Group etc. The majority of small and medium sized firms are Austrian owned and operated and often have subsidiary plants in neighbouring CEE states. The plastics sector dominates, accounting for 42% of all production, followed by pharma chemicals, manmade fibres, agro chemicals and cleaning chemicals and cosmetics. Various research institutes exist primarily in the plastics field, such as: Leoben Plastics Cluster, the Polymer Competence Centre and the Experimental Laboratory for Plastics (TGM). Key areas of interest and research are in the areas of nanotechnology, polymer retarding, reinforced composites, coating technologies for metal and macro molecular substances Key opportunities ξ Innovative products and systems ξ Textile innovations – intelligent textiles ξ Service handling innovations and technologies ξ Polymers and plastics technologies ξ Waste handling and reduction systems ξ Recycling technologies – particularly relating to plastics and tyres. Latest export opportunities in The Chemical sector Latest export opportunities in Austria Getting into the market Austrian companies require reliable partners and look to build a long term relationship – they require that products are of the right quality and are delivered on time. UKTI can assist in obtaining the right direct contact with customers or potential partners. It is often better to find a local agent/distributor who can maintain the required contact with the company. More about doing business in Austria Contacts Market intelligence is critical when doing business overseas, and UKTI can provide bespoke market research and support during overseas visits though our chargeable Overseas Market Introduction Service (OMIS). To commission research or for general advice about the market, get in touch with our specialists in country - or contact your local international trade team. Miles Fisher, British Embassy Vienna. Tel: +43 (0)1 71613 6243 or email: Verena Wasenegger, British Embassy Vienna. Tel: +43 (0)1 71613 6253 or email: Contact your local international trade team UKTI Events UKTI runs a range of events for exporters, including seminars in the UK, trade missions to overseas markets and support for attendance at overseas trade shows. Latest events in Chemistry sector Major Events Austrian companies will tend to visit the major trade fairs in Germany. Vienna-Tec 9 – 12 October 2012 Website address: Useful links More about OMIS and other UKTI services for exporters
Posted: 24 August 2012

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