IHS Chemical Week

People & Business :: Energy and Feedstocks

Process Safety Issues, ETS and Economic Slowdown are Top Threats to U.K. Chemical Industry

4:59 AM MST | November 14, 2008 | Alex Scott

Process safety issues, the deepening global economic slowdown and the emergence of a stringent European Union (EU) emissions trading scheme (ETS) are among the key threats to the success of the U.K. chemical industry, according to industry body the Chemical Industries Association (CIA; London).   CIA’s CEO Steve Elliott told journalists at a meeting in London earlier this week that the “speed” of the decline in the global economy is now a serious cause for concern for the U.K. chemical industry. “Already it is very tough [for U.K...

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