Pursuit of sustainability drives innovation in the chemical industry

by Fabian on 02/03/2010

in News and Resources,Sustainability

The European chemical industry is embracing innovation to ensure sustainability. Moreover, through innovation the industry is providing measures to facilitate a sustainable society.

The chemical sector plays a significant role in the European economy, contributing 30% of the world’s total chemical production, employing 1.2 million people and generating €537 billion in sales in 2007.

The EU registration, evaluation, authorisation and restriction of chemical substances (REACH) Regulation is at the centre of a shift towards more sustainable solutions. Aiming to protect human health and the environment, REACH makes companies responsible for registering information on the properties of their chemicals with the European Chemicals Agency (ECHA).

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