*Introduction*
European Chemical Industry – A Major Force under Threat? From food
packaging to pharmaceuticals, the chemical industry plays a dominant role
in today’s national and global economies. Developing and sustaining a local
chemical industry, able to compete on a global scale, has both economic and
political importance as the chemical industry supplies the full spectrum of
Europe’s manufacturing industry with intermediate products.
In 2006 the European chemical industry comprised more than 30,000 firms,
directly employed 1.9 million workers, and generated 2% of Europe’s gross
national product (Source: Eurostat, 2007). Recent studies performed in the
Rhine/Ruhr region indicate that one job in the chemical industry creates
three additional jobs in the chemical-related sector.
Since 1990 the European chemical industry has been growing at an average
rate of 2.8% per year, outstripping the European manufacturing industry
which has grown by 1.6% in the same period. At the end of 2006 the industry
had delivered a positive trade surplus of E 41.0 billion, up by 6% compared
with 2005.
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