Speaking on the 100thanniversary of the International Union of Pure and Applied chemistry (IUPAC) in Paris, ata high level event at the Sorbonne, Cefic President Daniele Ferrari stressedthat the EU chemical industry needs to define “The European way”, meaning toinnovate towards circular models, leading on sustainability and being at theforefront of innovation in technologies.
Ferrari described the megatrends which will affectthe world economy in the next decades. With a population set to increase by onebillion by 2030, demand for manufactured goods and energy consumption will onlygrow. As more than 95% of all manufactured goods are touched by chemistry insome way, our sector has a leading role in responding to this growth, explainedFerrari.
“This is not just about ensuring growth for the next few decades, but about Europe being the leader in providing solutions to global challenges, on an international scale”, he noted. “Together, we can build a future that allows our society and the European economy to grow and prosper,” Ferrari concluded.
If you want to know more about our vision for the chemical industry at mid-century have a look at our Mid-Century Vision report.
