Episode 1242: Think Tank: Europe chemicals can thrive with new EU industrial policy, fair regulation
Europe’s beleaguered petrochemical industry could see its fortunes improve dramatically if Mario ...
ICIS - chemical podcasts · ICIS - chemical podcasts
Audio is streamed directly from the publisher (icisnews-europe.podomatic.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Europe’s beleaguered petrochemical industry could see its fortunes improve dramatically if Mario Draghi’s new industrial policy proposals are adopted, along with a fair regulatory framework.
- New industrial strategy can rescue region from structurally higher costs, low levels of investment
- Historic moment with momentum building for new approach to Europe industry transformation
- Green Deal objectives need to work alongside measures to improve competitiveness
- New requirements for Environmental, Social and Governance (ESG) reporting and Extended Producer Responsibility (EPR) will have big impact on chemicals
- Compliance teams face a “nasty cocktail” because of lack of regulatory clarity
- Shift from risk to hazard-based approach
- Regulations create opportunities for innovative chemical companies