The European Commission presented on Tuesday its sixth “omnibus” simplification package since the start of Ursula von der Leyen’s mandate. This time, the target is the EU’s chemical sector, a cornerstone of European industry, according to Commission Vice-President for Industrial Strategy, Stéphane Séjourné, but one that he says is “increasingly under threat”.
The reform package, officially titled the Action Plan for the Chemical Industry, combines new support measures for Europe’s ailing producers with a set of rule changes designed to ease red tape and cut costs. The Commission claims it will save the industry over €360 million annually by simplifying how hazardous chemicals, cosmetics and fertilisers are labelled, regulated and authorised.
