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.
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:
CEFIC , the European Chemical Industry Council, has published its 2024 Facts & Figures report, which reinforces the need to take bold and urgent action to secure Europe’s industrial future, not only to implement the Green Deal but also to prevent further de-industrialization in Europe.
CEFIC recently launched its competitiveness study emphasizing the severity of the situation for the EU chemicals industry; over 11 million tons of capacity have already been announced to be closed for 2023-2024, affecting 21 major sites.
Ilham Kadri, CEO of Syensqo, has been re-elected as president of CEFIC, the European Chemical Industry Council, for a two-year term, effective immediately.
In February, industry leaders from 20 industrial sectors presented the ‘Antwerp Declaration for a European Industrial Deal’. The declaration emphasizes industry's dedication to Europe's transformation and outlines urgent needs to enhance Europe's competitiveness, resilience, and sustainability amid challenging economic circumstances.
Ilham Kadri, CEO of Syensqo, takes on the role as president of the European Chemical Industry Council (CEFIC), succeeding Martin Brudermueller, effective today.
The European Chemical Industry Council (CEFIC), through its subgroup European Fine Chemicals Group (EFCG), joined the Critical Medicines Alliance, an initiative of the European Commission to strengthen the supply of critical medicines in Europe.
In its Chemical Trends Report for March, CEFIC, the European Chemical Industry Council, states that Europe has been more impacted by the energy crisis than other regions and structural issues need to be addressed.
Today, 73 industry leaders from 20 industrial sectors handed over "The Antwerp Declaration for a European Industrial Deal" to Belgian Prime Minister Alexander De Croo and Commission President Ursula von der Leyen. The declaration emphasizes industry's dedication to Europe's transformation and outlines urgent needs to enhance Europe's competitiveness, resilience, and sustainability amid challenging economic circumstances.
CEFIC, the European Chemical Industry Council, together with 25 other regional industry associations, has issued a joint statement calling on the European Union (EU) to realize the true potential of the single market.
The European Chemical Industry Council, CEFIC, announced 26 companies and national associations as the key initiatives featured in the 2023 European Responsible Care Awards Gallery.
CEFIC, the European Chemical Industry Council, together with other associations representing Europe’s clean technology industries and their key material suppliers, sent a joint letter to European Commission president Ursula von der Leyen ahead of last week’s European Council summit. They jointly expressed their support of von der Leyen's commitment that "the future of our clean tech industry must be made in Europe.”
CEFIC, the European Chemical Industry Council, expects the EU27 chemical production to decline by about 8% in 2023 compared to the previous year, with no imminent recovery of chemical demand in Europe.
On December 19, 2022, the European Commission proposed a revised regulation on Classification, Labelling and Packaging (CLP) of chemicals and introduced new hazard classes for endocrine disruptors, as well as for chemicals that do not break down in the environment and can accumulate in living organisms, or risk entering and spreading across the water cycle, including drinking water.
Following months of deteriorations, the latest global manufacturing flash PMI (Purchasing Managers' Index) reading has, for the first time since mid-2020, crossed the threshold of 50. This signals a contraction in manufacturing, CEFIC says in their Chemicals Trends Report (CTR) for November 2022.
Sharon McGuinness has been appointed to a five-year term as the new executive director of the European Chemicals Agency (ECHA), the body that administrates the REACH chemicals legislation.
Building on the Green Deal it rolled out at the end of 2019 and the European Climate Law that goes into effect this month, the European Commission on Jul. 14, concretized its long anticipated targets toward putting the EU at the forefront of political blocs dealing with climate change.
The EU Commission’s ambitious plan for a European Green Deal, launched shortly before the pandemic struck in early 2020, aims to make the continent the world’s first climate-neutral region by 2050. The goals spelled out in January last year call for reduction of greenhouse gas emissions by at least 50% up to 2030, compared with 1990 levels.
Following a decline of 2% in 2020, European chemical production is forecast to pick up by 3% in 2021, before growth rates taper off slightly in 2022, but output in that year should still land 2% higher against 2021.
Despite “encouraging” signs of a recovery of chemical production in May from the coronavirus-related “historic slump” in March and April, progress is now slowing, the European Chemical Industry Council (CEFIC) said in its report on the first nine months of 2020.
Martin Brudermüller, CEO of BASF, has been elected president of the European Chemical Industry Council (CEFIC) for a two-year term. In the rotating position, the 59-year-old German national, a native of Stuttgart, succeeds Daniele Ferrari, CEO of Versalis, who has held the position since October 2018.
According to its latest Chemical Quarterly Report, which CEFIC, the European Chemical Industry Council, published on Sept. 10, chemical output in the EU27 dropped by 5.2% from January to June 2020 compared to the previous year’s level (January to June 2019), following the Covid-19 outbreak in Europe.
As the European Council meets tomorrow, July 17, in Brussels for its first in-person session since the coronavirus forced business, offices and governments into virtual reality, along with budgetary matters the heads of the 27-member states will debate a European Recovery Plan.
As an independent system of uniform third party assessments, SQAS — Safety and Quality Assessment System —was initiated to evaluate the performance of logistics service providers and chemical distributors.
The European Chemical Industry Council (CEFIC) has appointed Frans Stokman as new Executive Director of its industry sector Petrochemicals Europe, effective immediately.
