- The EU Critical Chemicals Alliance supports a sustainable European chemical sector.
- The Alliance addresses high energy costs, ageing assets, and global competition.
- Focus areas include safeguarding production capacity and promoting low carbon solutions.
- Teijin Aramid contributes expertise to shape industrial policy and sustainability frameworks.
EU Critical Chemicals Alliance
The EU Critical Chemicals Alliance is a European initiative under the Chemical Industry Action Plan, linked to the Clean Industrial Deal. It unites industry, Member States, regions, and stakeholders to support a competitive and sustainable chemical sector in Europe.
Challenges in the Chemical Industry
The European chemical industry is crucial for manufacturing value chains across various sectors but faces challenges like high energy costs, ageing production assets, global competition, and the need for decarbonization. These issues raise concerns about production capacity closures and the resilience of critical chemical supplies in Europe.
Alliance Objectives
The Alliance aims to address these challenges through coordinated EU-level action. Its focus includes safeguarding critical production capacity, supporting low carbon and circular solutions, and tackling trade-related challenges to ensure fair competition.
Teijin Aramid's Role
Teijin Aramid, a producer of high-performance aramid materials, joins the Alliance to contribute its expertise in shaping industrial policy, sustainability frameworks, and future investment conditions. The company emphasizes the importance of maintaining a strong European chemical industry for the resilience of downstream value chains.
