At the Chemical Watch Global Summit which took place in Brussels, Marco Mensink, director general of European Chemical Industry Council (Cefic) suggested on using original solutions to thrive in the industry. In fact, with the progress of European Chemicals Agency (Echa), the pressure on Europe to chemical safety and health is bound to augment. A difficult issue to tackle, which will limit itself more or less to Europe alone, given that UN’s Globally Harmonised System (GHS) for classification and labelling is not applicable for all the countries and the chemical regulatory system works differently for Europe and the US.
Since it is challenging for Europe to keep pace with US on shale gas and lawyers and with Chinese on the number of engineers; given the circumstances, Europe must be able to offer an original element to the industry. Mensink indicated that circularity is the key to survival for Europe. With the continent being rich in vast resources, Europe must set a benchmark for a gigantic source of feedstock. Investment in chemical recycling will set Europe a cut above the rest.