Chemical Industry Commends KANSAI HELIOS Austria for Major Investment

In a significant move for the industrial sector, KANSAI HELIOS Austria has inaugurated a state-of-the-art finished goods warehouse in Vienna's Floridsdorf district, backed by an investment exceeding 22 million euros. This facility, equipped with advanced safety technology and a robust photovoltaic system, stands as a beacon of sustainable and future-oriented industrial development amidst challenging economic circumstances.

The Chemical Industry Association of Austria (FCIO) has expressed its congratulations to KANSAI HELIOS Austria, a leader in industrial coatings, particularly known for its electroplating paints and certifications for the rail vehicle industry. This new warehouse not only enhances the company's operations but also reinforces the Vienna site, which serves as a distribution hub for products sent to 60 countries worldwide.

Sylvia Hofinger, the managing director of FCIO, emphasized the importance of such investments for the Austrian economy, highlighting that they provide essential momentum for the industrial landscape. However, she also cautioned that without improved conditions, many companies may find it increasingly challenging to commit to long-term investments in Austria.

Hofinger stressed the urgent need for the government to implement measures to bolster the industrial sector. Despite investments like that of KANSAI HELIOS Austria, the local industry faces significant challenges, including high labor and energy costs, excessive bureaucracy, and resulting diminished competitiveness on a global scale. She noted that the chemical sector, with its strong international orientation and an export rate of approximately 70%, is particularly vulnerable to these disadvantages.

To secure the future of the industrial base, Hofinger called for the swift introduction of the promised industrial strategy, which aims to address these pressing issues. The FCIO represents around 240 member companies involved in various sectors, including pharmaceuticals, plastics, and chemicals, employing nearly 50,000 individuals and generating more than 18.5 billion euros in output in 2023.