After six-year serious discussion, REACH, which is short for Registration, Evaluation, Authorization and Restriction of Chemicals stipulated by EU, is put into practice in June, 2007.
As one of the most comprehensive regulations on chemical administration, the regulation covers large range of chemicals with multifarious procedures. It received great attention from world wide.
The actual execution of the regulation will surely have tremendous effect on the line of chemical, which involves more than thirty thousand chemicals in European market. The cost we Chinese enterprises export products to EU will increase at least by 5%, while the cost for importations will grow up by 3%.
The regulation is in purpose of continuous development of the society for long run. However, it definitely results in great impact on the chemical market. The experts suggest that we may take good advantage of the pre-registration to deal with the problems it causes.
Facing the challenge, we enterprises along with the guilds will certainly make an effort together to overcome the coming difficulties.
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