Cefic Advancy Competitiveness study
Through data and comparative illustrations, study of European chemical industry makes clear that the time to act is now. The joint Cefic - Advancy competitiveness study shows that the European chemical industry is at a breaking point, going through a period of unprecedented crisis due to weak demand, low utilisation rates, competitiveness under pressure and complex and costly policies compared to other regions. Findings underline the need for bold action from EU decision makers: urgent and concrete actions are required to create a business environment that allows business to leverage their strengths and enables Europe to achieve its objectives. Explore the report which delves into the current state of the European chemical industry and its competitiveness on the global stage.
pinfa is a Sector Group of Cefic, the European Chemical Industry Council.
“Chemical industry’s new competitiveness report underlines the need for bold action from EU decision makers”, Cefic, 10th January 2025 https://cefic.org/media-corner/newsroom/chemical-industrys-new-competitiveness-report-underlines-the-need-for-bold-action-from-eu-decision-makers/
“The Competitiveness of the European Chemical Industry. A joint study by Cefic and Advancy”, January 2025, 120 pages https://cefic.org/library-item/cefic-advancy-study-the-competitiveness-of-the-european-chemical-industry/
