TTIP Memorandum of mid-sized chemical companies

Mid-sized chemical entrepreneurs say: “We are for TTIP”

53 mid-sized entrepreneurs from the chemical industry have adopted a memorandum on TTIP – where they support “with full conviction” the transatlantic free trade agreement and call upon politicians to advocate a successful conclusion of the TTIP negotiations.

In their memorandum the entrepreneurs emphasize that the intensive trade relations with the USA contribute to mid-sized chemical companies creating and securing employment with above-average pay in Germany. They need open markets to continue this success story, and they see TTIP as an important element for this.

Sabine Herold, managing partner of DELO Industrie Klebstoffe GmbH & Co. KGaA and member of the VCI’s presidential council: “I am in favour of TTIP, because we want to expand the presence of our company stateside. Fewer access barriers like tariffs and bureaucracy make it easier for us as a mid-sized business to invest in the USA and to sell our products. We need new sales markets for our special adhesives, so that we can keep hiring new staff every year. We are mainly active for high-tech sectors like, for example, the communications industry. This makes the USA is an attractive market.”

Henrik Follmann, managing partner of Follmann Chemie GmbH and also on the VCI’s presidential board: “If both major economic areas move closer together, this opens up new business chances for us. Easier market access and less costly inputs improve our competitive position in the USA. This benefits in particular mid-sized businesses with entirely new market chances. Great market, great chances – therefore, I am for TTIP.”

Franz-Josef Konert, CEO of GELITA AG: „The USA is an important sales market for our products which are used in the fields of pharma, health and foods. Especially in these fields the USA constitutes an essential economic factor globally. Reducing tariffs and duplication, for example, in registration and documentation, would strengthen our competitveness and clearly facilitate the exchange of products.”

Please note: The text of this memorandum (German original version and translation into English) and the list of signatory mid-sized chemical companies can be accessed by click on this line.


The VCI represents the politico-economic interests of over 1,650 German chemical companies and German subsidiaries of foreign businesses. For this purpose, the VCI is in contact with politicians, public authorities, other industries, science and media.The VCI stands for over 90 percent of the chemical industry in Germany. In 2014 the German chemical industry realised sales of more than 190 billion euros and employed 444,800 staff.

Contact: VCI Press Dept., Phone: +49 69 2556-1496, E-Mail: presse@vci.de
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Contacts

Jürgen Udwari

E-Mail: udwari@vci.de