Christian Jourquin, CEO of Solvay and Cefic president, explained that the European chemical industry has “been through a very deep crisis” and suffered because of foreign competition. To increase competitiveness Jourquin believes European companies need to innovate.
To support this Cefic has established Grant-it. This is free service that provides information about how to access the €700m ($870m) of funding offered by the EU and build consortiums with academia and other businesses to make optimum use of these investments.