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  • REACH ‘monster’ will devour EU innovation, chemical industry warns

    05/04/2016 3:47:51 AM PDT · by Olog-hai · 4 replies
    EurActiv ^ | Apr 29, 2016 (updated: May 2, 2016) | Frédéric Simon
    Chemical industry lobbyists have stepped up their criticism of Europe’s REACH chemical safety regulation, branding the law “a monster” that “will devour” the industry’s ability to innovate. Policymakers should set “tangible” regulatory burden reduction targets to unleash the innovation potential of Europe’s chemical companies, industry body CEFIC said in a statement released today (29 April). […] In the industry’s firing line is the REACH regulation, which requires manufacturers to register thousands of chemicals currently on the market and submit them for safety screening and subsequent authorization. […] (CEFIC Vice President Tony) Bastock complained in particular that chemical companies were now...