The European petrochemicals industry represents a turnover of more than 74 billion Euro, not including the turnover of its customer industries. It is a major contributor to Europe's economic strength, and, together with the derived industries it feeds, such as the plastics industry, it represents an important sector of the European chemical industry.
The petrochemical industry is not just a major socio-economic player in our society. It is a dynamic and innovative business sector, constantly adapting to new contexts and meeting new challenges. It invests considerable sums in research and development - not only in the development of new products but also in the fields of health, safety and the environment, so as to deserve its reputation as a sustainable industry. The petrochemical industry also plays a major role in society, in that it contributes to the quality of our lives through a wide range of consumer goods manufactured using petrochemicals.
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