01 July 2010 17:33 [Source: ICIS news]
TORONTO (ICIS news)--Germany needs to strengthen its chemicals sector as the economic crisis has accelerated the shift of power from "classical industrial countries" to emerging economies in Asia and elsewhere, a regional chemical producers group said on Thursday.
“We can only remain competitive if we retain a global lead,” said Herbert Stein, head of Chemieverbande Rheinland-Pfalz, a regional chemical producers group in BASF’s home state of Rhineland-Palatine.
Stein urged the country’s government to take measures to safeguard and promote competitive chemical production in ?xml:namespace>
“Production, as well as research and development need to be promoted, rather than hindered,” he said.
Importantly, parliament needed to enshrine an important collective bargaining principle, Tarifeinheit, into law to ensure that
The principle stipulates that there is only one collective bargaining deal per plant. However,
In related news on Thursday, BASF chief executive Jurgen Hambrecht said the rise of Asia’s economies was a “big opportunity” for German producers engaged in the region, as well as for
However, in order to succeed,
Hambrecht has served since July 2006 as head of the Asia-Pacific committee of Bundesverband der Deutschen Industrie (BDI),
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|