UE

An informal meeting between EU leaders took place on 12 February at Alden Biesen in Belgium to examine the economic situation and adopt measures aimed at improving competitiveness within the Union and reducing economic dependencies on non-European sources. A shared priority was...

“Today marks a historic milestone with the signing of the EU-Mercosur Trade Agreement, creating the biggest trading block in the world. European business – represented by more than 28 associations across a wide range of sectors – warmly welcomes this signature. It sends a strong and timely signal that...

The recently published EU Bioeconomy Strategy signals Europe’s intent to lead in sustainable growth and innovation. While the vision is clear, concrete delivery mechanisms and binding commitments are still missing. The chemical industry is at the heart of the bioeconomy, and the bioeconomy is core to our industrial transition...

Icis, a source of commodity intelligence, and CPCIF, the national organization for China’s petroleum and chemical industry, released the new study “Impact of EU recycling regulations on China’s key packaging intensive export sectors” shedding light on the impacts of the European Union’s circularity regulation on...

The European plastics value chain is at a breaking point. A deep competitiveness crisis is suffocating the industry, with serious consequences already materialising across the sector. By the end of 2025, the region is expected to have lost recycling plants, amounting to almost one million tonnes of recycling capacity...

Cefic took note of the newly announced EU-US agreement on tariffs and trade and urges the publication of further details as soon as possible. While the deal appears to have averted the worst-case scenario, the additional US tariffs on European exports risk further undermining the competitiveness...

Plastics Europe welcomes the launch of the EU’s Competitiveness Compass, including its recognition of the untapped competitive potential of circularity and need to catalyse investment in recycling. The sector remains very concerned by the absence of a tailored approach for plastics...

The European Chemical Industry Council, Cefic, strongly welcomes the 6 December’s agreement to conclude the decades long negotiations of the EU-Mercosur agreement. The agreement marks a significant milestone in fostering free, fair, sustainable and resilient trade relations between...