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Chemical industry sees EU plan to boost domestic demand, cut energy prices

( July 8, 2025, 15:47 GMT | Official Statement) -- MLex Summary: The European chemical industry is set to benefit from new public support under the European Commission’s Chemical Action Plan, published today. Among the proposed measures are fiscal incentives to drive demand for clean chemicals, trade defense tools to ensure fair competition, streamlined administrative procedures, and state aid to help reduce energy costs. The plan also features new rules for low-carbon hydrogen and outlines an updated state-aid framework aimed at lowering electricity prices by the end of the year.Full press release follows, action plan and Q&A are attached....

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