Living through a perfect storm with Covid-19 and Brexit

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Covid-19 and Brexit – the perfect storm – Chemical Business Association

The chairman of the UK’s Chemical Business Association (CBA), representing companies who employ 8700 people and have a turnover of £2.75bn, has warned in a message to their 1300 members that they are living in “times full of commercial, financial and health dangers”. Focusing on Brexit, he warned that companies must now take the necessary steps to secure EU market access after the end of this year:

“CBA has continued to call for an end to uncertainty and, like most of UK business, close regulatory alignment and continuing frictionless trade with the European Union. Our advocacy campaign will continue to secure market access and frictionless trade with the EU – the destination for 60% of the UK’s chemical exports and the source of 70% of the UK’s chemical imports.”

“But the UK Government has made it clear that it has no intention of even attempting to achieve regulatory alignment with the European Union as far as chemicals are concerned.

“CBA is therefore now advising member companies trading with the EU to pursue the following options – before the end of the transition period – in order to secure EU market access.”

(1) Either use an existing subsidiary or create a new one in the EU and transfer any EU REACH registrations to that subsidiary.

(2) Establish a partnership with a company in the EU and transfer any EU REACH registrations to that company.

(3) Support CBA’s plan to create or contract with a collective Only Representative entity in the EU for member companies – the CBA office can provide further details of this option.

“CBA remains absolutely committed to providing you with practical information, support, and solutions to help your business navigate the post-Brexit regulatory and trading environment.”

Budd also praised the contribution being made by CBA companies during the Covid-19 pandemic;

“I’m proud to say that member companies have put their shoulders to the wheel to help in the crisis. Member companies have maintained critical supplies to the NHS as well as the main utilities, such as water and energy. They have also responded to the shortage of hand sanitisers by producing industrial alcohol and other companies have supplied glycerine.”

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