The EU's REACH regulation has a clear message: meet the requirements or you will not be able to produce in, export to, or market within the EU.
The new European Union chemicals regulation came into force in June 2007. The regulation is known as REACH, which stands for Registration, Evaluation, Authorization and Restriction of Chemicals. The implications of REACH for chemical and down-stream industries and for associated individual companies are significant in terms of cost, managing ongoing customer and supplier relationships, and because of its far-reaching regulatory requirements.
The capability of a company to comply with the regulations and manage the implications of REACH will instill confidence in its customers, strengthen long-term partnerships and have a tremendous impact on business. REACH is not simply a regulatory requirement but also an important business opportunity, whether in optimizing a company's product range, maximizing further innovation, or for increasing sales through better downstream understanding.