- 83% of Antwerp Declaration indicators show no improvement since 2024.
- EU chemical plant closures led to a 9% production capacity loss in four years.
- 20,000 direct and 89,000 indirect jobs are at risk in the EU chemical sector.
Industry Concerns
At the European Industry Summit 2026, leaders highlighted the lack of progress in restoring European industry competitiveness. Despite measures taken, 83% of the Antwerp Declaration Monitoring Framework indicators have shown no improvement since 2024.
Impact on Employment
The European Chemical Industry Council reported significant job losses due to chemical plant closures, with a 9% reduction in EU production capacity over four years. This has resulted in the loss of 20,000 direct jobs and put 89,000 indirect jobs at risk across the value chain.
Call for Regulatory Reforms
Industry representatives warned of severe consequences if Europe fails to enhance competitiveness. They called for effective regulatory reforms at all levels to ensure affordable energy prices, address carbon costs, and protect against unfair trade practices.
Balancing Growth and Sustainability
While supporting EU goals, industry leaders emphasized the need for growth drivers that do not compromise competitiveness. They stressed the importance of investment in infrastructure and transition to strengthen Europe's industrial base.
