PODCAST: UK chemicals fighting Four Horsemen of the Apocalypse – CIA CEO

Will Beacham


LONDON (ICIS)–The UK chemicals industry is battling the quadruple challenges of Brexit, COVID-19, the cost of living crisis and the war in Ukraine, according to Stephen Elliott, CEO of UK trade group the Chemical Industries Association.

  • UK chemicals facing Four Horsemen of the Apocalypse: Brexit, COVID-19, cost of living crisis, war in Ukraine
  • UK no longer has access to Horizon Europe programme with EU scientists
  • UK suffering academic brain drain
  • Disagreement over Northern Ireland protocol threatening free chemicals trade
  • Around 60% of UK chemicals exports go to EU, 75% imports from EU
  • UK chemical exports to EU are recovering
  • Consultation on extending UK REACH registration deadline published today
  • Main deadline may be delayed from October 2023 to October 2026
  • CIA wants to diverge from “worst excesses” of future EU REACH developments
  • UK chemicals CEOs report that it is more difficult now to pass on energy price increases to customers
  • Signs that previously robust demand is now faltering
  • UK CEOs expect sales to fall in Q3 2022 for the first time since 2020
  • Interruptions to German chemical supply could impact UK supply chains

In this Think Tank podcast, Will Beacham interviews Stephen Elliott, CEO of the CIA.

Click here to listen to the podcast

Editor’s note: This podcast is an opinion piece. The views expressed are those of the presenter and interviewees, and do not necessarily represent those of ICIS.

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