Chemicals are essential as first building blocks of any modern economy, and yet invisible to consumers’ eyes.
Chemicals matter as the first link in the value chain of the vast majority of manufacturing companies. Petrochemical products are turned into polymers (plastics, synthetic rubber), which are used in all sorts of things – everything from pool liners, through food packaging and textiles, to paints and coatings.
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From insulation of buildings to lighter cars using less fuels and solar airplanes – chemistry is practically omnipresent in innovations enabling other industries to improve their resource and energy efficiency etc. Thus, the chemicals industry is enabling Europe to achieve its ambitious climate objectives and put it back on the path to growth.
The health of our sector – 1.2 million direct jobs and 3.6 million indirect jobs; 2014 revenues of €551 billion – also determines the health of the overall industrial base in Europe.