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Cookie declaration last updated on 15.10.24 by Cookiebot * Our Industry * Petrochemicals Applications * Interactive Flowchart * Facts & Figures * FAQ * Transition to sustainability * Responsible Care * People * Planet * Economy * EU Policy * Climate change * Energy * Energy efficiency * Hydrogen * Circular Economy * Industrial strategy * EU recovery * Chemical legislation * News & Activities * News * Position Papers * Videos * Events * About us * Sector Groups * Our Team * Our Members * Our Partners * Young Ambassadors * Contact us Select Page * Our Industry * Petrochemicals Applications * Interactive Flowchart * Facts & Figures * FAQ * Transition to sustainability * Responsible Care * People * Planet * Economy * EU Policy * Climate change * Energy * Energy efficiency * Hydrogen * Circular Economy * Industrial strategy * EU recovery * Chemical legislation * News & Activities * News * Position Papers * Videos * Events * About us * Sector Groups * Our Team * Our Members * Our Partners * Young Ambassadors * Contact us Previous WE BUILD THE FUTURE From energy efficient houses to electronics, smart clothing, aviation and even space travel, petrochemicals are at the heart of innovation that is shaping tomorrow’s world. Read more PETROCHEMICALS IN ACTION Petrochemistry has done wonders in the fields of transport, hygiene, housing and technology, making our lives far easier than they have ever been in the previous centuries. Find out more Next LATEST NEWS SKILLS FOR THE PETROCHEMICALS INDUSTRY OF TOMORROW: TRANSFORMING IN THE GREEN & DIGITAL AGE Petrochemicals Europe has joined ChemSkills Project, a new European-funded initiative addressing the digital and green transition in the chemical industry. ChemSkills is about making sure that education and industry are on the same page, creating a concrete plan to bridge the skills gap and getting the right support. 20/02/2024 - Read more TRANSITION PLANS ARE SET TO BECOME A LICENCE TO GET FUNDING: KEY TAKEAWAYS FROM THE TRANSITION FINANCE EVENT An unprecedented industrial transformation that the chemical industry has to undergo by 2050 will require billions of investments over the next decades. So how can companies secure the appropriate funding to embark on the ambitious transition? More than 200 attendees gathered at a recent Transition Finance event organised in Chemelot, one of the EU’s largest chemical clusters to discuss strategies for accessing much-needed finance. 08/12/2023 - Read more View all FROM LINKEDIN # 1de843d61aa6cc6d9dbf1acacce299bf94d7f2baebf03edff35104753dfe5d85 37.37 Petrochemicals Linkedin widget petrochemistry.eu petrochemicals-europe 1 Maaliwalas Theme 3 400 5 1 0 0 English 1 1 1 1 0 F Y 1 1 20 #999999 #ffffff 0.6 1 #021f40 #ffffff #3480dc #021f40 #ffffff #ffffff #ffffff #3480dc #a2bec4 #555555 Maven Pro Maven Pro 25 15 #ffffff #555555 #3480dc Follow Us on LinkedIn View our website Read More Show less Load more posts Followers #435b77 #ffffff #3480dc #ffffff 229887 33 1 45097 linkedin-page-posts sk-ww-linkedin-page-post LinkedIn Page Posts WordPress 0 0 0 0 0 0 0 0 0 0 0 0 Petrochemicals Europe (Cefic) October 2024 🌍 Kicking off the European Ethylene Producers Committee (EEPC) Conference 2024 with a powerful panel discussion featuring Rafael CAYUELA (Dow), Rob Ingram (INEOS), Cláudia Alves (Google), and Frans Stokman (Petrochemicals Europe (Cefic)), hosted by Martin Harvey (SABIC)! 👥 With over 230 participants at the annual EEPC conference in Sitges, Spain, we explored the challenges facing the chemical industry, particularly European Ethylene Producers, and the opportunities that come with the necessary transformation. The conversation focused on the growing global demand for base products and the complexities of investing in Europe. Once investment is secured, new hurdles such as permitting and the need for skilled talent emerge, often leading to outsourcing. 🤝 Collaboration and innovative approaches are crucial to overcoming these barriers, and the industry needs regulations enabling it to move from A to B competitively and swiftly. 👉 Learn more about our sector group EEPC and its activities: https://lnkd.in/eShAbSws #EEPC2024 #Ethylene #ChemicalIndustry 92 Petrochemicals Europe (Cefic) October 2024 🌍 Kicking off the European Ethylene Producers Committee (EEPC) Conference 2024 with a powerful panel discussion featuring Rafael CAYUELA (Dow), Rob Ingram (INEOS), Cláudia Alves (Google), and Frans Stokman (Petrochemicals Europe (Cefic)), hosted by Martin Harvey (SABIC)! 👥 With over 230 participants at the annual EEPC conference in Sitges, Spain, we explored the challenges facing the chemical industry, particularly European Ethylene Producers, and the opportunities that come with the necessary transformation. The conversation focused on the growing global demand for base products and the complexities of investing in Europe. Once investment is secured, new hurdles such as permitting and the need for skilled talent emerge, often leading to outsourcing. 🤝 Collaboration and innovative approaches are crucial to overcoming these barriers, and the industry needs regulations enabling it to move from A to B competitively and swiftly. 👉 Learn more about our sector group EEPC and its activities: https://lnkd.in/eShAbSws #EEPC2024 #Ethylene #ChemicalIndustry 92 Petrochemicals Europe (Cefic) October 2024 Meeting climate goals requires not just technology and investment, but also people with the right skills 🧑🎓✨. 🌟 Last week, we had a great meeting for the ChemSkills Project at the University of Novi Sad! The project, initiated by the European Commission, is designed to help the chemical industry identify and close current and future skill gaps related to the green and digital transitions. 🌍💻 📢 A huge thank you to Petrochemicals Europe members for their invaluable support in collecting on-the-ground data on skill needs. This data will be crucial in developing tailored training programs to equip the workforce for the future! ✨ And a special thank you to Enrico Lucchese from Versalis for joining us last week and his insightful contribution to the panel on ‘Equipping companies for a successful green and digital transition: the crucial skills and jobs for today’s and tomorrow’s chemical industry’. 👉 Learn more about the ChemSkills project: https://lnkd.in/ebfHqVmz 🚀 Together, we’re preparing the industry for a more sustainable future! #ChemicalIndustry #Petrochemicals #ChemSkills 33 2 Petrochemicals Europe (Cefic) October 2024 Meeting climate goals requires not just technology and investment, but also people with the right skills 🧑🎓✨. 🌟 Last week, we had a great meeting for the ChemSkills Project at the University of Novi Sad! The project, initiated by the European Commission, is designed to help the chemical industry identify and close current and future skill gaps related to the green and digital transitions. 🌍💻 📢 A huge thank you to Petrochemicals Europe members for their invaluable support in collecting on-the-ground data on skill needs. This data will be crucial in developing tailored training programs to equip the workforce for the future! ✨ And a special thank you to Enrico Lucchese from Versalis for joining us last week and his insightful contribution to the panel on ‘Equipping companies for a successful green and digital transition: the crucial skills and jobs for today’s and tomorrow’s chemical industry’. 👉 Learn more about the ChemSkills project: https://lnkd.in/ebfHqVmz 🚀 Together, we’re preparing the industry for a more sustainable future! #ChemicalIndustry #Petrochemicals #ChemSkills 33 2 Petrochemicals Europe (Cefic) June 2024 🎉 We're delighted to welcome Norbert Hannig as the new Senior Solvents Manager in our European Solvents Industry Group (ESIG)! 🎉 Norbert is a recognized expert in the solvents sector, and we can't wait to see the valuable contributions he'll bring to our team. Welcome aboard, Norbert! 🚀👏 23 Petrochemicals Europe (Cefic) June 2024 🎉 We're delighted to welcome Norbert Hannig as the new Senior Solvents Manager in our European Solvents Industry Group (ESIG)! 🎉 Norbert is a recognized expert in the solvents sector, and we can't wait to see the valuable contributions he'll bring to our team. Welcome aboard, Norbert! 🚀👏 23 Petrochemicals Europe (Cefic) May 2024 🏆 RESPONSIBLE CARE AWARDS APPLICATIONS ARE OPEN! 🎉 Show how your organisation is supporting the #AntwerpDeclaration for a European #IndustrialDeal 🛠️🤝 Cefic 6mo • 📢 Submit your application for the Responsible Care® Awards 2024! The 2024 Responsible Care® Awards will showcase initiatives that support a competitive, resilient and sustainable future in Europe, as outlined in the Antwerp Declaration for the European Industrial Deal. Share your efforts over five themes covering: 💡 skills 🌍 industry’s transition to 2050 🔒 cyber security 💼 small company initiatives. All valid submissions will be recognised. Apply here before 28 June 2024 🔗 https://lnkd.in/ecS8qGnA #responsiblecare #chemicalindustry #awards #industrialdeal #antwerpdeclaration #sustainability 9 Petrochemicals Europe (Cefic) May 2024 🏆 RESPONSIBLE CARE AWARDS APPLICATIONS ARE OPEN! 🎉 Show how your organisation is supporting the #AntwerpDeclaration for a European #IndustrialDeal 🛠️🤝 9 Petrochemicals Europe (Cefic) May 2024 🚨 Last seats available! Join European Solvents Industry Group (ESIG)'s, our sector group, fantastic training on 22-23 May in Brussels to learn all about solvents and their applications. REGISTER NOW ➡️ https://lnkd.in/evW9MVim #Solvents #Training 📚 Training - ESIG www.esig.org 9 Petrochemicals Europe (Cefic) May 2024 🚨 Last seats available! Join European Solvents Industry Group (ESIG)'s, our sector group, fantastic training on 22-23 May in Brussels to learn all about solvents and their applications. REGISTER NOW ➡️ https://lnkd.in/evW9MVim #Solvents #Training 📚 9 Petrochemicals Europe (Cefic) April 2024 We are excited to have participated in the ChemSkills Project meeting this week! 🛠️ Defining and closing skills gaps will be crucial to building an innovative and competitive chemical industry in Europe. Let's drive progress together! 🌟 Want to learn more about the project and Petrochemicals Europe's involvement? Check out our website: https://lnkd.in/ebfHqVmz 🚀 #TeamWork #ChemicalIndustry #Petrochemicals #EuropeanInustry🌍 ChemSkills Project 6mo • During the last two days, our consortium gathered in Brussels for a project meeting. Together, we reviewed our progress and, more importantly, outlined our roadmap for the project's future.✨ Our mission? To lead change within the chemical industry, and our time in Brussels has only strengthened our dedication to make this vision a reality. 🌿 #ChemSkillsEU #Sustainability #EUproject #ChemSkills 1+ 9 1+ Petrochemicals Europe (Cefic) April 2024 We are excited to have participated in the ChemSkills Project meeting this week! 🛠️ Defining and closing skills gaps will be crucial to building an innovative and competitive chemical industry in Europe. Let's drive progress together! 🌟 Want to learn more about the project and Petrochemicals Europe's involvement? Check out our website: https://lnkd.in/ebfHqVmz 🚀 #TeamWork #ChemicalIndustry #Petrochemicals #EuropeanInustry🌍 9 Petrochemicals Europe (Cefic) March 2024 🎥 Check out the new video from our Sector Group Sustainable Fuels explaining the added value of fuel ethers🔍🚀 Sustainable Fuels 8mo • 📢 What are fuel ethers? How do they increase fuel consumption efficiency? How do they deliver on air quality, while extending the engine's lifetime? Learn more by watching our edutaining video here: Petrochemicals Europe (Cefic) ...more 8 Petrochemicals Europe (Cefic) March 2024 🎥 Check out the new video from our Sector Group Sustainable Fuels explaining the added value of fuel ethers🔍🚀 8 Petrochemicals Europe (Cefic) February 2024 🇪🇺🚀European Industrial Deal: Today at the European Industry Summit, 73 industry leaders presented ‘The Antwerp Declaration for a European Industrial Deal’ to Belgian Prime Minister, Alexander De Croo and Commission President, Ursula von der Leyen. Read more👇🏽 Cefic 8mo 📍 On 20 February, alongside leaders from almost 20 industrial sectors, we had the honour of presenting “The Antwerp Declaration for a European Industrial Deal” to EU Commission President Ursula von der Leyen and Belgian Prime Minister De Croo. The Declaration outlines 10 concrete actions, calling for a European Industrial Deal to be at the core of the upcoming EU Strategic agenda 2024-2029. Our goal? To make Europe competitive, resilient and sustainable amid critical economic conditions. As we face historical industry challenges, this Declaration is our commitment to Europe's future: demanding clarity, predictability, and confidence in Europe’s industrial policy. Join us in shaping Europe's future! Sign today🖊️ https://lnkd.in/gvmdxGxy Ursula von der Leyen Alexander De Croo Dr. Martin Brudermüller Ilham Kadri Belgian Presidency of the Council of the European Union 2024 #EuropeanIndustrialDeal #AntwerpDeclaration #Industry #EU #Europe #EUElections #EuropeanUnion #Sustainability #Competition #Economy #EUGreenDeal #EU2024BE #IndustrialDeal Antwerp Declaration for a European Industrial Deal: Industry leaders call for 10 urgent actions to restore competitiveness and keep good jobs in Europe - cefic.org cefic.org 10 Petrochemicals Europe (Cefic) February 2024 🇪🇺🚀European Industrial Deal: Today at the European Industry Summit, 73 industry leaders presented ‘The Antwerp Declaration for a European Industrial Deal’ to Belgian Prime Minister, Alexander De Croo and Commission President, Ursula von der Leyen. Read more👇🏽 10 Petrochemicals Europe (Cefic) December 2023 It was a pleasure to co-organize the #TransitionFinanceEvent last week at Brightlands Chemelot Campus and create a unique platform for dialogue among public authorities, private investors, chemical companies, and academia. 🌐🤝 Exciting discussions took place as we explored the future of funding the ambitious #EUChemicalIndustry transition💡🚀 A special thanks to Björn Koopmans from Chemelot. 🔗 Read the full article on the event and learn more about available funding tools: https://lnkd.in/eWqsc7AA Cefic 10mo An unprecedented industrial transformation that the #chemicalindustry has to undergo by 2050 will require billions in investments over the next decades 🔭. The #TransitionFinanceEvent at Brightlands Chemelot Campus brought together 200+ representatives from industry, government, finance, and academia to discuss what it takes to reach #netzero2050 🌍. Read the full recap here 🔗: https://lnkd.in/ejc9Xyet “To obtain the necessary funding, having a clear transition plan 🛣️ integrated into the overall company strategy is key. Yet, increasing evidence shows that despite investor expectations, only a minority of companies are developing transition plans," says Elia Trippel, OECD - OCDE. Such a plan should include clear deliverables, KPIs, and a timeline to provide the needed clarity and reassurance to investors 🏛️. The costs necessary to address the substantial changes required can become exceedingly high, and companies usually look for multiple sources of funding 💰. For additional information on #publicfunding 🔍, Cefic members have exclusive access to our EU Funding €xplorer, a tailored tool for the chemical industry that provides an overview of major European grants. Get in touch with our team to learn how you can benefit. Thank you again to all the organizers, speakers, and participants for an exceptional event 🎊: Björn Koopmans, Chemelot Circular Hub, Karlo Van Dam, Sandra Onwijn, JP Kuijpers, Martijn Amory, Jeroen Bulk, Jeroen C. Verhoeven, Kirsten Paulus, Dr. Thomas Schneider, Michiel Scheffer, Luc Arnouts, Frans Stokman, Loek Radix, Denis Aarssen, Marc Borghans, Frank Kuijpers, Lia Voermans, Jörgen Sandström, Robert Clover, Dorota Pawlucka, Henk-Jan Vink, Ian Freelance, Torben Kabbe, jurgen tiedje, Torsten Heinemann, Sebastian Engell, Claudia Deben, Jo Peters #transitionpathway #eugreendeal #chemicalindustry #sustainablefinance #euindustry #transitionfinance" #investment #innovation #circulareconomy 1+ 11 1+ Petrochemicals Europe (Cefic) December 2023 It was a pleasure to co-organize the #TransitionFinanceEvent last week at Brightlands Chemelot Campus and create a unique platform for dialogue among public authorities, private investors, chemical companies, and academia. 🌐🤝 Exciting discussions took place as we explored the future of funding the ambitious #EUChemicalIndustry transition💡🚀 A special thanks to Björn Koopmans from Chemelot. 🔗 Read the full article on the event and learn more about available funding tools: https://lnkd.in/eWqsc7AA 11 Petrochemicals Europe (Cefic) December 2023 🗞 The latest updates on #solvents from our European Solvents Industry Group (ESIG) 👇 European Solvents Industry Group (ESIG) 10mo • 📰❄️ Winter is here, and so is our SOLUTIONS newsletter! Explore the latest updates on key ESIG activities and events. 📚🔍 Ready to dive into a great read? Click here: https://lnkd.in/eeSnH444 #solvents #newsletter 2023 Winter : Cover 4 Petrochemicals Europe (Cefic) December 2023 🗞 The latest updates on #solvents from our European Solvents Industry Group (ESIG) 👇 4 Petrochemicals Europe (Cefic) November 2023 🆕 ⚗ Exciting news! Petrochemicals Europe has just updated its flowchart which illustrates the complex journey of petrochemicals from raw materials to everyday products. The updated chart reflects the industry's initiatives to reduce its carbon footprint, featuring new sources of feedstock such as #bionaphta, #bioethanol, #pyrolysisoil, #chemicalrecycling, #hydrogen, and #biomethane. 👉 Check out the updated flowchart & 📩 order a printed copy here: https://lnkd.in/dMWxnCc #Petrochemicals #Feedstock #TransitionPathway #ChemicalIndustry 532 27 Petrochemicals Europe (Cefic) November 2023 🆕 ⚗ Exciting news! Petrochemicals Europe has just updated its flowchart which illustrates the complex journey of petrochemicals from raw materials to everyday products. The updated chart reflects the industry's initiatives to reduce its carbon footprint, featuring new sources of feedstock such as #bionaphta, #bioethanol, #pyrolysisoil, #chemicalrecycling, #hydrogen, and #biomethane. 👉 Check out the updated flowchart & 📩 order a printed copy here: https://lnkd.in/dMWxnCc #Petrochemicals #Feedstock #TransitionPathway #ChemicalIndustry 532 27 Petrochemicals Europe (Cefic) November 2023 🌿 There can’t be a green future without a competitive and sustainable chemical industry, emphasized Karlo Van Dam, Director of Sustainable Industry of the Ministry of Economic Affairs & Climate Policy of The Netherlands at the panel discussion with Eila Kreivi, Chief Sustainable Finance Advisor at European Investment Bank (EIB), Michiel Scheffer, President of the European Innovation Council, Dr. Thomas Schneider, Director CVC and Luc Arnouts, Vice President International Relations and Networks of Port of Antwerp-Bruges moderated by the Executive Director of Petrochemicals Europe (Cefic) Frans Stokman 🌱 🌍 Today at Chemelot Circular Hub, we kickstarted the first-ever Transition Finance event, fostering discussions among industry, government, academia, and the finance sector on the challenges in achieving 2050 goals, funding the transition, and ensuring a level playing field. 💡 It might not be clear yet how to overcome all the challenges on the road to 2050, but one thing is certain: we need to collaborate. And the Chemelot Circular Hub Transition Finance event provides the perfect platform. Stay tuned for more updates on these crucial discussions! 🌐💬 🔗 To learn more about the Transition Finance event, click the link: https://lnkd.in/e5e3WgDV #TransitonFinanceEvent #sustainablefinance #greendeal #chemicalindustry 31 Petrochemicals Europe (Cefic) November 2023 🌿 There can’t be a green future without a competitive and sustainable chemical industry, emphasized Karlo Van Dam, Director of Sustainable Industry of the Ministry of Economic Affairs & Climate Policy of The Netherlands at the panel discussion with Eila Kreivi, Chief Sustainable Finance Advisor at European Investment Bank (EIB), Michiel Scheffer, President of the European Innovation Council, Dr. Thomas Schneider, Director CVC and Luc Arnouts, Vice President International Relations and Networks of Port of Antwerp-Bruges moderated by the Executive Director of Petrochemicals Europe (Cefic) Frans Stokman 🌱 🌍 Today at Chemelot Circular Hub, we kickstarted the first-ever Transition Finance event, fostering discussions among industry, government, academia, and the finance sector on the challenges in achieving 2050 goals, funding the transition, and ensuring a level playing field. 💡 It might not be clear yet how to overcome all the challenges on the road to 2050, but one thing is certain: we need to collaborate. And the Chemelot Circular Hub Transition Finance event provides the perfect platform. Stay tuned for more updates on these crucial discussions! 🌐💬 🔗 To learn more about the Transition Finance event, click the link: https://lnkd.in/e5e3WgDV #TransitonFinanceEvent #sustainablefinance #greendeal #chemicalindustry 31 Petrochemicals Europe (Cefic) November 2023 🗓️📢 Transition Finance event is happening next week! Join us on 29-30 November at Chemelot in Geleen to learn how the chemical industry can raise capital to implement its transition towards the #EU2050 goals! 💰🎯 🌍Hear from our Executive Director Frans Stokman to learn more about the event and register here: https://lnkd.in/em8XwQ6b Cefic 11mo The Transition Finance Event 2023 at Chemelot will be the first of its kind. A case study in its own right, the event will bring together representatives of chemical companies, academia, government and the finance sector to discuss concrete actions and what it will take for the chemical industry to go through the transition to 2050 🌍. 📅 29-30 November 2023 🗺️Brightlands Chemelot Campus, Geleen, NL 🎫 Registration: https://lnkd.in/en3VbiYD We'll look at what it takes to achieve #2050 goals from the perspective of financing 💰, legislation and regulation, and learn how to attract investors into our industry and work together to realise our ambition. Hear from Petrochemicals Europe (Cefic)'s Executive Director Frans Stokman to learn more and we hope to see you there! Chemelot Circular Hub #transitionpathway #eugreendeal #chemicalindustry #sustainablefinance #euindustry #transitionfinance 7 Petrochemicals Europe (Cefic) November 2023 🗓️📢 Transition Finance event is happening next week! Join us on 29-30 November at Chemelot in Geleen to learn how the chemical industry can raise capital to implement its transition towards the #EU2050 goals! 💰🎯 🌍Hear from our Executive Director Frans Stokman to learn more about the event and register here: https://lnkd.in/em8XwQ6b 7 Petrochemicals Europe (Cefic) November 2023 📰💡 The European chemical industry must aim to lead and be seen. Let's showcase the incredible innovations and projects happening in the chemical sector! - Say Cefic Director General Marco Mensink and Petrochemicals Europe (Cefic) Exceutive Director Frans Stokman in a recent interview to Petrochem: https://lnkd.in/eX-HzcbX Wim Raaijen 11mo • De Europese chemie moet voorop willen lopen en gezien willen worden. Dat stellen Marco Mensink en Frans Stokman van Cefic in het interview dat ik onlangs met ze had in Brussel. Mensink: 'In Rotterdam zijn er bedrijven die niemand kent. Waarom zouden overheden of de samenleving geld in die bedrijven willen steken? Chemische bedrijven moeten zich veel meer laten zien. Er gebeuren geweldige dingen. Laat dat zien. Vertel het. Breng het naar buiten!’ Dat klinkt natuurlijk als muziek in de oren van een journalist en techniekfilosoof! In mijn hoofdredactionele commentaar ga ik daar graag op in. 'Industrie, ga vloggen, bloggen en laat zien dat er ook heel veel mooie projecten en innovaties gaande zijn! En mail me gerust (wim@industrielinqs.nl) als jullie daar hulp bij nodig hebben. Er is veel om trots op te zijn!' Lees het hele interview nu in de nieuwe Petrochem https://lnkd.in/ekYrygME 20 Petrochemicals Europe (Cefic) November 2023 📰💡 The European chemical industry must aim to lead and be seen. Let's showcase the incredible innovations and projects happening in the chemical sector! - Say Cefic Director General Marco Mensink and Petrochemicals Europe (Cefic) Exceutive Director Frans Stokman in a recent interview to Petrochem: https://lnkd.in/eX-HzcbX 20 Petrochemicals Europe (Cefic) November 2023 🏭🌍💡An opinion piece in Bloomberg by Javier Blas: Industrial and energy policies matter. If Europe wants to preserve some of its old industrial power, policymakers must publicly support the petrochemical industry... For Europe to be globally competitive, economically resilient, and ensure job and supply security, the EU urgently needs to create business case for our #chemicalindustry. Without it, we are facing even more significant challenges in the imminent future: Older facilities, built in 1960s-70s, will struggle to meet #FitFor55 goals. With increasing carbon costs and reduced free allocations, less competitive plants could close down, and will not be replaced by new investments. High raw material and energy costs in Europe will make it even more difficult to compete with imports from the US, China, and the Middle East, as these regions benefit from lower costs and are increasing their exports to Europe. These issues do not align with EU's ambition to prevent dependence on imports and have self-sufficient key industries that ensure autonomy in providing basic industrial building blocks. 👓📰 Read the full article: https://lnkd.in/eun74uFd #euindustry #eugreendeal #petrochemicals #chemicalindustry Europe's Petrochemical Industry Is Heading for Death Row www.bloomberg.com 7 Petrochemicals Europe (Cefic) November 2023 🏭🌍💡An opinion piece in Bloomberg by Javier Blas: Industrial and energy policies matter. If Europe wants to preserve some of its old industrial power, policymakers must publicly support the petrochemical industry... For Europe to be globally competitive, economically resilient, and ensure job and supply security, the EU urgently needs to create business case for our #chemicalindustry. Without it, we are facing even more significant challenges in the imminent future: Older facilities, built in 1960s-70s, will struggle to meet #FitFor55 goals. With increasing carbon costs and reduced free allocations, less competitive plants could close down, and will not be replaced by new investments. High raw material and energy costs in Europe will make it even more difficult to compete with imports from the US, China, and the Middle East, as these regions benefit from lower costs and are increasing their exports to Europe. These issues do not align with EU's ambition to prevent dependence on imports and have self-sufficient key industries that ensure autonomy in providing basic industrial building blocks. 👓📰 Read the full article: https://lnkd.in/eun74uFd #euindustry #eugreendeal #petrochemicals #chemicalindustry 7 Petrochemicals Europe (Cefic) November 2023 📢REGISTER NOW: Don't miss an indispensable event to learn how the chemical industry can raise capital to implement its transition towards the #EU2050 goals! 💰🎯 29-30 November 🗓️ at Chemelot in Geleen, join us at our first-ever #TransitionFinance Event dedicated to the future of financing the EU chemical industry on its ambitious transition towards #climateneutrality by 2050. 🌍 The event is organized by the Chemelot Circular Hub 🔬 in partnership with 🤝 Cefic, World Economic Forum, A.SPIRE Process4Planet, Hubs4Circularity Community of Practice, Groene Chemie, Nieuwe Economie and others! Join 50+ speakers and representatives of 🏛️ public authorities, 💼 private investors & 🏢 chemical companies! ⚠️ Last seats available! ➡️ Register now & learn more: https://lnkd.in/em8XwQ6b #chemicalindustry #transitionpathway #industryintransition #sustainablefinance 21 3 Petrochemicals Europe (Cefic) November 2023 📢REGISTER NOW: Don't miss an indispensable event to learn how the chemical industry can raise capital to implement its transition towards the #EU2050 goals! 💰🎯 29-30 November 🗓️ at Chemelot in Geleen, join us at our first-ever #TransitionFinance Event dedicated to the future of financing the EU chemical industry on its ambitious transition towards #climateneutrality by 2050. 🌍 The event is organized by the Chemelot Circular Hub 🔬 in partnership with 🤝 Cefic, World Economic Forum, A.SPIRE Process4Planet, Hubs4Circularity Community of Practice, Groene Chemie, Nieuwe Economie and others! Join 50+ speakers and representatives of 🏛️ public authorities, 💼 private investors & 🏢 chemical companies! ⚠️ Last seats available! ➡️ Register now & learn more: https://lnkd.in/em8XwQ6b #chemicalindustry #transitionpathway #industryintransition #sustainablefinance 21 3 Follow us DISCOVER OUR INTERACTIVE FLOWCHART The journey of petrochemicals explained: from raw materials to 95% of all manufactured goods. Petrochemicals Europe’s Flowchart illustrates the complex journey of petrochemicals from raw materials to everyday products. The updated chart reflects the industry’s initiatives to reduce its carbon footprint and diversify its feedstock. Check out the updated flowchart and order a printed copy: Read more PETROCHEMICALS IN ACTION Discover where petrochemicals are used and how their versatility and properties are invaluable. ELECTRONICS CONSTRUCTION TRANSPORT HOUSEHOLD PRODUCTS TEXTILE PAINT AND COATINGS PACKAGING COSMETICS & MEDICAL PETROCHEMICAL INDUSTRY IN EUROPE 300.000 Jobs 145 €Billion/year total sales % 95% of manufactured products % 26% of total chemical sales APPLICATION HIGHLIGHT Find out more about a specific application of petrochemicals. Find out more SOLVENTS – A KEY INGREDIENT OF DURABLE AND SUSTAINABLE MATERIALS When you see solar panels or bridges you probably don’t think that solvents play a big role in making and protecting them. Yet they do. Solvents are essential to glue solar panels together. Coatings with solvents protect infrastructure like bridges and dams from corrosion and rust, extending their lifetime by decades. Read more UPCOMING EVENT © Petrochemicals Europe – Contact – Glossary – Links – Terms of use – Cookies Policy – Privacy Policy – Privacy Centre – Sitemap FacebookTwitterLinkedInTeilen ✓ Danke für das Teilen! AddToAny Mehr…