The chemical industry should act as the European innovation engine

The chemical industry is the engine of European innovation. It is necessary to protect human society and the sustainable development of the economy and to meet the severe challenges of resources and the environment. The chemical industry has a great responsibility. At the European high-level group meeting held in Brussels at the end of 2007, European leaders, ministers, business leaders, and fund management representatives and other high-level individuals initiated heated discussions on how to improve Europe’s future innovation capabilities and enhance competitiveness. .
Representatives attending high-level group meetings believe that the chemical industry is tasked with providing basic materials for other industries. Therefore, innovation activities in downstream industries cannot be separated from the support of the chemical industry. The role of the chemical industry cannot be replaced by any other industry. It provides solutions for many major challenges such as climate change, living environment and quality of life that human society faces today. To maintain the overall competitiveness of Europe and maintain its leading position in competition with other regions of the world, we must ensure the manufacturing level of the chemical industry.
To achieve this goal, the industry must work with the EU and member governments to assume the responsibility of transforming innovative ideas and ideas into lucrative and sustainable market opportunities. In this regard, representatives from various parties put forward specific proposals, such as building a network of innovative activities to tackle climate change and population aging; working together side-by-side in the upstream and downstream of the value chain; establishing regulatory frameworks for development needs of all parties; industry sharing for investors And users of various new technology programs, and to adjust the existing innovation activity network to make it more operable and more effective.
Stefan Marcinowski, a member of BASF's Board of Directors and the vice chairman of the European Chemical Industry Council responsible for chemical industry research and innovation, called on the European chemical company to act immediately. “To ensure that we are ahead of competitors in other regions, the European chemical industry has reached The consensus plan should begin immediately in 2008."
Giorgio Squinzi, another vice chairman of the European Chemical Industry Council and president of Italy’s MAPEI, also called for “All of us should join hands and work together to enhance the research and development capabilities of the European chemical industry and build a sustainable technology platform. Safeguard the sustainable development of European chemical industry."