Chemical and Pharmaceutical companies from across the UK will today set the scene for the industry's post-Brexit future.
In a speech to the annual conference of the Chemical Industries Association to be held on Thursday 17th November, CIA Board member and Chairman of SME, Contract Chemicals Limited Dr Tony Bastock OBE will say:
“If we can get our 4-key targets of tariff-free access to the single market, the ability to recruit talent to key jobs from around the world, the supply of competitive and secure energy and a policy framework that encourages scientific progress leading to sustainable growth then we have clear signs that businesses will want to invest and grow UK operations”.
Steve Elliott Chief Executive of the Association will say:
“Our latest survey of member companies shows the very real concern that companies have. We want to ensure that we do all we can to continue and grow investment. While much of this is dependent on getting the right future EU deal, our industry is responding to Brexit, taking the opportunity wherever possible – be it Europe, North America or Asia, to maximise new opportunities”.
Minister for Exiting the European Union, Robin Walker will say:
"The UK chemicals sector and its products underpin the UK economy, from supplying the automotive and aerospace sectors to pharmaceuticals and agriculture.
"That is why it is vital for the nation that we lay the foundations for the UK to continue to be a world leader in chemicals and after we leave the EU."
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The speeches are to be made at a conference hosted by the Chemical Industries Association in central London - Brexit - What Does it Mean for the Chemical Industry?
For further information please call Simon Marsh 07951 389197.
The chemical and pharmaceutical industry adds £15 billion of value to the UK economy every year from total annual turnover of around £50 billion.
The UK is a leading global chemical and pharmaceutical producer.
Over £4 billion of capital and R&D investment is made by UK chemical and pharmaceutical companies.
The sector employs around 140,000 people directly and supports in total around half a million jobs in the UK economy. The direct workforce is highly skilled and earns on average 30% more than the average UK manufacturing worker.