Germany's Scholz calls for pragmatic approach to 'forever chemicals'
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 26 2024
0mins
Source: Reuters
Chancellor's Stance on PFAS: German Chancellor Olaf Scholz advocates for a pragmatic approach to "forever chemicals" (PFAS) during his visit to Evonik, emphasizing the need to balance industrial development with environmental concerns.
Industry Impact and Recovery: The German chemical industry, facing challenges from weak demand and high production costs, may benefit from potential exemptions for PFAS use in key sectors as the European Commission considers measures to support the industry.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
