20 November 2007 18:54 [Source: ICIS news]
HAMBURG, Germany (ICIS news)--Europe’s Reach (Registration, Evaluation and Authorisation of Chemicals) regulations could seriously affect the ability of traders to tranship cargos through European ports to onward destinations, a senior
Gunther Bonz, state secretary of the City of
He explained that because the ownership of the goods would have changed in these circumstances, then the goods would have to conform to the Reach regulations, even though they were not destined for a European market.
This would be an additional cost burden on firms trading at the port.
Bonz said 3m of the 9m tonnes/year of all goods that pass through
He said he feared “a new transhipment port being developed in North Africa or
Bonz added that the
“By my heart I am a European guy, but not all the things coming from
Bonz was speaking on the sidelines of the 14th ICIS Fine and Speciality Chemicals Conference in
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