Invest NI Highlights Impact of EU Legislation

Oct 14, 2004

Local companies in the chemical and biotechnology industries sector have been told that new regulations covering the registration and authorisation of chemicals could significantly increase their costs, affecting profitability.
30/3/2004

Local companies in the chemical and biotechnology industries sector have been told that new regulations covering the registration and authorisation of chemicals could significantly increase their costs, affecting profitability.

The companies were briefed about the impact of the EU REACH (Registration, Evaluation and Authorisation of Chemicals) regulation at a seminar run by Invest Northern Ireland.

REACH will require all chemicals on the market, from domestic cleaning materials through to vinegar and paint, to go through a registration scheme that will assess, among other things, their affect on human health and the environment.

Industry sources have predicted that the regulation will add up to 75 euro cents per kilogram to most chemicals with an overall cost to the EU chemical industry of four billion euros.

Dr Dermot Hanna of Invest Northern Ireland’s Scientific Services comments: “The REACH legislation aims to balance the protection of the environment and human health with maintaining the strength and competitiveness of the chemical industry. But there are concerns that it will stifle development of new chemical products, since manufacturers, particularly SMEs, will opt to use chemicals that have already been through the registration process.

“It’s important for companies to begin to assess the effects on their own businesses and to know where to access advice and support.”

To highlight the support available to the sector the seminar included a presentation by a representative from LGC who introduced the Regulatory Advice Service, a free service for companies in the chemical, biotechnology and related industries sector.

The seminar also updated companies on other EU directives and regulations affecting the sector.


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