Summary

Cefic’s position on the EU Economic Recovery Plan underscores the significant role of the chemical industry in responding to the COVID-19 pandemic by maintaining supply chains and producing essential goods. The paper embraces the plan’s initiatives to drive sustainable economic recovery through green and digital transitions, aligned with the EU Green Deal. It stresses the importance of integrating the EU Industrial Strategy with recovery efforts to ensure lasting industrial resilience. The document also highlights the sector’s economic challenges and supports specific investments to bolster recovery and sustainability.

Key takeaways:

  • The chemical industry plays a crucial role towards achieving a resilient European industry, this was underscored by the COVID-19 pandemic.
  • Cefic supports the EU Green Deal and its focus on green and digital transitions and the integration of the EU Industrial Strategy.
  • Cefic advocates for investments in clean technologies, health programmes, waste recycling, and circular economy, without additional burdens on businesses.