06 October 2007 19:09 [Source: ICIS news]
BUDAPEST (ICIS news)--The implementation of Chemistry for Europe (CfE) is a success as it has helped reduce Cefic’s expenses by 16% in the last six years, Cefic president Francois Cornelis said on Saturday.
In a speech to the Cefic delegation, he said reorganisation of the group through CfE would generate further savings.
“Our budgets will continue to be reduced in real terms - since 2001 Cefic's expenses have been reduced by 16%. The national federation registers similar results,” he said.
During the first nine months of the year 54 new companies have joined CfE, which has been strengthened by new affiliations and a network of associations and sector groups, Cornelis added.
The organisation has a balance of members from throughout Europe. Cornelis said the new structure was much better as it gave more opportunities for companies and national organisations to be involved within Cefic.
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