CEFIC

Definition

CEFIC (European Chemical Industry Council) is the leading trade association of the European chemical industry and represents around 29.000 chemical companies in Europe. It functions as central voice of the chemical industry vis-à-vis EU institutions, international organisations, media and stakeholders.

Founded 1972 and headquartered in bruxelles, CEFIC brings together an extensive network of hundreds of members and affiliates. The association is intensively committed to the development of the European chemical industry in the areas of Climate protection, sustainability, energy, industrial policy and research & innovation one.

As an initiator of the international Responsible Care® program CEFIC has been promoting safety, environmental protection and responsible chemical production in global supply chains since 1985.

_{Sources/further links:
CEFIC — Mission & Organization: Mission and Organization - cefic}

_{ChemEurope — European Chemical Industry Council (CEFIC): European Chemical Industry Council (CEFIC) - Brussels, Belgium}

CEFIC challenges

Regulatory complexity & compliance pressure

The European chemical industry must comply with highly complex regulations such as REACH and CLP fulfill. Companies are under great pressure to correctly document and keep up to date large amounts of security and transport-relevant data. CEFIC is actively working with authorities such as ECHA and EFSA to promote harmonised standards.

High energy costs & declining competitiveness

Europe is suffering from Three times higher energy prices compared to the USA, which weakens the competitive position of CEFIC member companies. Europe's market share in the global chemical business is only 13%, while China dominates. In addition, capacity utilization remains well below pre-crisis levels.

Transformation to sustainability & climate neutrality

CEFIC actively supports the European Green Deal and climate goals. Nevertheless, the transition to climate-neutral and circular production requires massive investments, technology development and new data structures.

Data and supply chain breaches

Companies process massive amounts of product, logistics, and compliance data. These are often decentralised, inconsistent,outmoded or maintained manually, which leads to avoidable errors, delays and high costs.

_{Sources/further links:
CEFIC: Home - cefic}

Loady's solution

Loady offers a central, standardized and quality-assured data platform that solves the exact structural problems that plague the European chemical industry, according to CEFIC.

Standardised and reliable product & transport data

Loady consolidates all relevant data, including Dangerous goods classifications, Transport restrictions, Site requirements, packaging information and regulatory requirements.
→ Result: Fewer inconsistencies, reliable data for all partners.

Improved compliance & risk reduction

Loady provides up-to-date and accurate data, which is crucial for REACH, CLP and transport compliance — areas that are particularly burdensome for CEFIC members.

More efficient processes along the supply chain

Loady reduces manual rework, inquiries and coordination processes in sales, logistics, transport and customer service.

Supporting the transformation required by CEFIC

Loady helps companies become more digital, sustainable and efficient — key goals of the European chemical industry in the context of climate neutrality and circular economy.