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Regulatory Changes in the Global Chemical Industry

Companies in the chemical industry are subjected to one of the most extensive regulatory rules in the industry. They need to ensure that they are meeting health and safety guidelines in the handling of the substances. Through regulatory changes such رزین پودری as ‘Reach, Evaluation, Authorisation and Stops of Chemicals’ (REACH) which went into effect in 2007 and ‘Globally Harmonized System of Classification and Labelling of Chemicals’ (GHS) which was implemented in ’08, regulators work to ensure safety in healthy working conditions and handling of chemicals for workers and consumers.

REACH satisfies and controls risks that are associated with chemicals by providing information regarding their safety to those who use the substances. GHS is a classification system in the industry to ensure safety in the handling, using and transporting of chemicals. However, a new regulatory change is facing companies and setup looms on a 2020 deadline day. This may seem like a long time away, but the ‘Strategic Approach for International Chemicals Management’ (SAICM) requires companies to reduce the negative impact to the environment and human health. Developed during the Johannesburg World Peak in 2002, many felt that a better obligation in the chemical industry was needed to protect the earth and those who are in contact with or work with the chemicals.

Chemical companies in the united states are held to high regulatory concurrence levels such as the ‘Chemical Facility Anti-Terrorism Standards’ (CFATS). This standard, mandated by Homeland Security, requires those sites to maintain comprehensive guidelines and audits to handle any possible breaks on their safety and security policies and procedures. The CFATS act required sites to create vulnerability lab tests in order to reduce possible breeches with security that could jeopardize the American people. This process alone takes months to complete including the time and effort put into focus and support of this program.

With many of the manufacturing plants using antiquated systems and processes, the need to arrange them to ensure future concurrence is upon us. Changes that affect the earth often times will be costly changes in the global industry. While technology can play a major role in assisting and facilitating concurrence, many of these companies may not be able to afford to make the desired changes to comply with these new regulations. Only those companies who continue to meet challenges and take measures to reduce overall costs will be able to move into the future successfully as well as avoid fees for noncompliance.

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