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Australian chemistry industry welcomes continued commitment to deregulation - 30 October 2014

The Plastics and Chemicals Industries Association (PACIA) welcomes the Federal Government's continued commitment to reducing red tape, on the 2014 Spring Repeal Day.

"The Australian chemistry industry welcomes continuing reductions in regulatory burdens as a critical precursor to driving the next wave of investment, innovation and productivity in all Australian businesses," PACIA CEO Ms Samantha Read said today.

PACIA is the peak industry association representing the business of chemistry in Australia.

"The deregulation agenda is a critical process for ensuring that Australia has access to the latest chemical technologies and innovations. Newer, safer and softer chemical technologies can have a transformational effect on Australia's economy.

"The Australian chemicals and plastics industry is a key enabler; 80% of the industry's outputs are inputs to other industries and sectors. New chemicals and technologies therefore improve productivity, safety, sustainability and profitability across the entire economy," said Ms Read.

"Continued efforts to cut through red tape support the Government's previously announced initiatives to recognise industrial chemical assessments conducted by trusted regulators in other jurisdictions," Ms Read said.

 

Contact:  Claire Selby, [email protected], 0448 028 876.
Released 29 October 2014

About PACIA

PACIA is the pre-eminent national body representing Australia¹s $40bn chemistry industry, whose businesses directly employ 60,000 people and contribute approximately 11.5% of total Australian manufacturing production. PACIA members comprise a broad range of companies positioned across the entire value chain.  Members include chemicals manufacturers, importers and distributors, logistics and supply chain partners, raw material suppliers, plastics fabricators and compounders, chemicals and plastics recyclers and service providers to the industry.  These businesses range from small family-owned companies and innovative medium-sized enterprises, to leading national and multinational enterprises.


 

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