Industry Insights Chemical Industry Action Plan Crucial for Boosting Competitiveness of EU Chemical Sector

Source: Press release Cefic 2 min Reading Time

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Cefic has released a statement regarding the recently presented Action Plan for the Chemicals Industry by the European Commission. The Action Plan intends to strengthen the competitiveness and modernization of the EU chemical sector.

The Chemical Industry Action Plan marks an important and timely first step towards boosting the competitiveness and resilience of the EU chemical industry. (Source:  Pixabay)
The Chemical Industry Action Plan marks an important and timely first step towards boosting the competitiveness and resilience of the EU chemical industry.
(Source: Pixabay)

Brussels/Belgium – The Chemical Industry Action Plan marks an important and timely first step towards boosting the competitiveness and resilience of the EU chemical industry. It is a serious effort from the European Commission to turn the tide for the “industry of industries” in Europe. This crucial signal to global investors and the announced measures go beyond signaling support - they include concrete actions that set a strategic direction for European policymakers to reduce energy costs, ease regulatory complexity and support the transformation of the sector.

To limit the ongoing wave of plant closures and the chemical deindustrialization of the European region – particularly given that 5 % of the continent’s chemical capacity was shut down in 2023 - coordinated action by Member States is now urgently needed to turn this signal into results. Each day of inaction further weakens the European industry.

The Chemical Industry Action Plan is a much-needed signal of support, following Cefic’s calls for action to protect Europe’s most strategic industries. The solution is known: the Antwerp Declaration. Now, we must act collectively and quickly to restore competitiveness and resilience. There is no strategic independence, no climate neutrality, no energy transition, and no clean tech transformation without the European chemical industry.

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“We thank President von der Leyen, and Executive Vice Presidents Stéphane Séjourné, Teresa Ribera, and Commissioner Jessika Roswall for their continued leadership. The plan is a make-or-break moment for our industry and we are glad that our calls for action have been heard. The combination of the Chemical Industry Action Plan, the Clean Industrial Deal State Aid Framework and the announced review of the EU ETS State Aid guidelines with the aim to include more chemical sectors is a gamechanger to lower electricity costs for industry in Europe. Now we need swift implementation and strong political coordination across the EU to turn this momentum into results. We look forward to the actions being delivered and further clarified, and stand ready to engage,” said Dr. Ilham Kadri, Cefic President.

“It is crucial to see the Chemical Industry Action Plan in the wider context of announcements of the European Commission. The chemical industry omnibus, the ECHA founding regulation, the clarity on chemical recycling, the future of Hydrogen in Europe, the focus on critical chemicals, the greening of VAT and the simplification of Reach are all key building blocks for a better future. Lowering gas prices is an area that should not be forgotten. Many measures will be announced in other policies, adjacent to the Action Plan. We look forward to additional announcements and the dedicated chemical industry package at the end of this year. The review of the EU ETS directive in 2026 is another decisive moment for the future of energy intensive industries in Europe,” said Marco Mensink, Cefic Director General.

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