Chemical industry is on the path to define “The European way”, says Cefic President Daniele Ferrari
Speaking on the 100th anniversary of the International Union of Pure and Applied chemistry (IUPAC) in Paris, at a high level event at the Sorbonne, Cefic President Daniele Ferrari stressed that the EU chemical industry needs to define “The European way”, meaning to innovate towards circular models, leading on sustainability and being at the forefront of innovation in technologies.
Ferrari described the megatrends which will affect the world economy in the next decades. With a population set to increase by one billion by 2030, demand for manufactured goods and energy consumption will only grow. As more than 95% of all manufactured goods are touched by chemistry in some way, our sector has a leading role in responding to this growth, explained Ferrari.
“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.