REACH Legislation Could Catch Many Companies Unprepared
- Kline FlashPoint Report Discusses Strategies to Minimize Impact -
LITTLE FALLS, N.J., Nov. 27 /PRNewswire/ -- Many small and medium-sized
enterprises (SMEs) selling in the European Union could be caught off-guard
by the recently implemented REACH regulations requiring registration and
approval of chemicals used in manufacturing, according to Kline, a
worldwide consulting and research firm.
REACH (Registration, Evaluation, Authorization and Restriction of
Chemicals) is a wide-ranging set of EU legislation intended to manage and
control the risks to human health and the environment from the use of
chemicals.
Many potentially affected companies may be unaware that the REACH
legislation applies to them. For example, Kline's research shows that
smaller companies in the recycled paper, secondary raw materials, and
metalworking fluids industries are largely unaware of the REACH
requirements.
"REACH will impact all EU manufacturers and downstream users of
chemicals as well as importers of chemicals into the EU," says Nancy Mills,
FlashPoint project manager for Kline. The newly published Kline FlashPoint
report, REACH: A Regulatory Behemoth, reviews the scope of this
legislation, outlines its impact on businesses, and offers companies
strategies to prepare for compliance.
"It's important to act now to avoid future costs and the potential
disruption of production and distribution," says Mills. "SMEs are going to
be the most affected, since the cost of registering the chemicals used in a
company's processes will be more deeply felt by them. Larger companies not
only have more resources but higher volumes, which will enable them to
lower the cost per ton of registering a chemical."
Among the recommendations provided in the report, Kline suggests SMEs
offering the same chemical should consider jointly pre-registering that
chemical to reduce the cost per volume.
For more information about REACH: A Regulatory Behemoth, go to
www.klinegroup.com/reports/f0703.asp.
About Kline
Kline is a worldwide consulting and research firm dedicated to
providing the kind of insight and knowledge that helps companies find a
clear path to success. The firm has served the management consulting and
market research needs of organizations in the chemicals, materials, energy,
life sciences, and consumer products industries for nearly 50 years. For
more information, visit www.KlineGroup.com.
For more information, contact:
Janice Kriegman
Manager, Marketing Communications
+1-973-435-3440
Janice_Kriegman@klinegroup.com
SOURCE Kline
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