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Cry wolf – predicted costs by industry in the face of new regulations (2004)

Chemical Industry

Cry wolf – predicted costs by industry in the face of new regulations (2004)

Published on 04 Oct 2004

The REACH legislation constitutes a long awaited reform, but unfortunately, unprecedented efforts by the chemical industry has weaken the proposal. The main tactic of the chemical industry has been to claim that the costs of compliance could spell ruination for chemical dependent industry and Europe itself. This report reviews earlier estimates produced by industry of the costs of compliance and compares these with the actual outcomes.

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