18 June 2009 20:13 [Source: ICIS news]
TORONTO (ICIS news)--Germany needs to do more to ensure the country’s industrial producers, and in particular its chemicals sector, have access to affordable and secure energy supplies, the CEO of specialty chemicals and pharmaceuticals producer Merck KGaA said on Thursday.
Kley, who is also a member of the presidium of
For the chemicals sector, energy ranked as the most import production factor, as important as the development of workers’ scientific skills and knowledge.
Kley called for realistic and integrated energy policies that balanced the requirements economy, security and the environment.
He also warned of additional costs from the EU’s emission trading plan.
In the chemical industry, the plan was expected to add over €830m ($1.15bn)/year to producers’ costs from 2013.
Reducing carbon dioxide (CO2) emissions was important, Kley said, and he pointed to Merck’s own success in reducing emissions from its operation.
However, climate protection targets should not be allowed to override society’s many other objectives, Kley said.
The country’s energy producers were facing only little competition from competitors abroad.
However, with more competition,
($1 = €0.72)
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