Denmark: Aalborg Portland fears it may lose the Fehmarn Belt contract

Danish Aalborg Portland, one of the biggest cement producers in the world, fears that the high energy taxes in Denmark will cost the company the DKK 900 million (€120.54 million) contract for the supply of cement for the tunnel project included in the Fehmarn Belt link (Denmark-Germany). According to the company, the Danish PSO and NOx taxes will diminish Aalborg Portland's chances to compete for the contracts against rivals that are not burdened by taxes to the same extent.
April 24, 2014 Read time: 1 min

Danish 7725 Aalborg Portland, one of the biggest cement producers in the world, fears that the high energy taxes in Denmark will cost the company the DKK 900 million (€120.54 million) contract for the supply of cement for the tunnel project included in the Fehmarn Belt link (Denmark-Germany). According to the company, the Danish PSO and NOx taxes will diminish Aalborg Portland's chances to compete for the contracts against rivals that are not burdened by taxes to the same extent.

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