We are excited to announce the launch of our new report. This document explores the UK chemical industry’s vital role in driving the nation’s economic growth, environmental progress and social inclusion over the next decade.
With the government adopting a ‘mission-led’ approach, several strategies are being developed that are key to the business agenda, notably the economic growth and clean energy superpower missions. Of particular relevance to our sector are strategies like Invest 2035, which focuses on industrial decarbonisation, circularity and trade among others. Our work has been central in informing these strategies, emphasising the importance of our sector and advocating for key policies related to energy, feedstocks, permitting and beyond to ensure success.
As we continue our efforts to inform and shape these strategic long-term initiatives, we acknowledge the urgent need for action opposite both the threats and opportunities faced by our sector. In this context, the Chemical Industries Association (CIA) joined forces with S&P Global to take an independent look at the current and near-future resilience of the chemical industry in the UK based on desk research and widespread industry engagement.
The report helps inform the major threats and opportunities facing UK chemical businesses over the coming 10 years, and the action that is needed NOW by Government and by industry to secure that economic, environmental and social progress for all.
“The UK chemical industry is the foundation of our economy and our national security. The critical raw materials we supply for life sciences, clean energy, defence, water and food security plus many other needs, can be exclusively made in this country. Project 2035 shows how we can do that”.
Martin Ashcroft - Managing Director Tata Chemicals Europe and President of the Chemical Industries Association
“Project 2035 is a massive opportunity for the UK. If we get this right then the UK chemical sector can grow and reclaim its place as the essential supplier to UK and international manufacturing. Government and industry need to move quickly, let’s get on with it.”
Steve Foots, Chief Executive of Croda International
“The Chemical Industries Association report is a stark reminder of what is at risk if we do not act now. The chemicals sector has long been a cornerstone of the UK economy, but without action to ensure a competitive and level playing field, we will lose out to other nations. Collaboration between Government and industry is essential to create an environment that optimises cost to operate, supports investment and delivers solutions needed to achieve Net Zero ambitions.’’
Paul Greenwood, UK lead country manager for ExxonMobil
Read the full report and find out how we can turn the next ten years into a decade of opportunity.
Project 2035 - The chemical industry transition
Pathways for a resilient and sustainable future. This evidence and scenario-based project informs a 2035 outlook for the UK chemical industry and its future sustainability.
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CIA Project 2035 explanatory leaflet
Project 2035: A decade of opportunity? – helps inform the major threats and opportunities facing UK chemical businesses over the coming 10 years.
DOWNLOADPDF | 3.99 Mb