
Standing Strong for Europe's Chemical Industry
Rising tariffs and regulatory changes challenge the European chemical industry, highlighting the need for resilient regional supply networks and strategic collaboration among CEFIC members.
Rising tariffs and regulatory changes challenge the European chemical industry, highlighting the need for resilient regional supply networks and strategic collaboration among CEFIC members.
Europe's chemical industry is in crisis, warns the European Chemical Industry Council (CEFIC) President Ilham Kadri, urging EU leaders to act on a 10-point rescue plan to prevent further shutdowns and loss of investments.
Plastics Europe strongly supports the European Commission's competitiveness and decarbonization agenda and welcomes the Clean Industrial Deal. It outlines important and welcome measures, including initiatives to reduce energy costs, cut red tape and create the market demand needed to incentivize investment in the circular economy.
Ahead of the unveiling of the EU’s Clean Industrial Deal, Ineos Chairman and CEO, Sir Jim Ratcliffe, authored an open letter to emphasize the importance of supportive political decisions and measures for the European industry. Releasing the open letter, Ineos stated: “A year on from the signing of ‘The Antwerp Declaration for a European Industrial Deal’ we have not seen the action necessary to stem the decline of European industry. Ineos has continued to invest in Europe; however, it is now an exception in a landscape of deindustrialization and closures.” Please read the complete open letter below: