In October 2024, the Government unveiled Invest 2035: The UK’s Modern Industrial Strategy green paper. With the UK facing growing pressure to remain an attractive and competitive location for future manufacturing investments and jobs, the Chemical Industries Association (CIA) has submitted a response emphasising the critical role the chemical sector plays in driving UK growth.
Chemical manufacturing is a broad and diverse sector that produces a wide array of essential goods, including petrochemicals, biofuels, cleaning products, dyes, active pharmaceutical ingredients, and cosmetics. With chemicals featuring in approximately 95% of all manufactured goods, it is difficult to imagine a modern economy without a strong chemical industry at its core.
The Government’s ambitions for economic growth, environmental progress and social inclusion over the next decade will largely depend, to an extent, on key foundation sectors such as the chemical industry. We believe that failing to support the chemical sector would mean missing out on the adoption of transformative technologies and the growth opportunities they provide.
With the final Invest 2035 industrial strategy due in spring 2025, the CIA is working closely with policymakers and members to shape a plan that acknowledges and enhances the role of the chemical sector in the UK.
CIA submission to Invest 2035
You can access the CIA’s full submission and detailed recommendations here.
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