The European Union's new Critical Chemicals Alliance (CCA), which has been presented as a strategic response to concerns about Europe's industrial resilience and competitiveness, has become a front for industries pushing for deregulation and relaxed pollution rules, according to a watchdog report published on Monday.
Launched in January 2026 with the European Commission's endorsement, the CCA includes chemical giants like BASF, TotalEnergies, and Avantium. It was officially meant to identify chemical substances and production sites deemed "critical" to the European economy, potentially unlocking billions in future public support and state aid.