Europe is facing a moment of transformation. The economic crisis has reversed the growth of the past decade. Clear vision and decisive action are now needed to safeguard Europe’s position in the global economy. Europe’s strength and prosperity depends upon a vital, resilient manufacturing sector.
Today, the European Commission estimates that manufacturing generates 25 percent of all private sector jobs in the EU, 80 percent of private sector Research and Development (R&D), and 75 percent of Europe’s exports. For Dow, with a third of sales and a quarter of the Company’s workforce in Europe, we are committed to working with policymakers to develop long-term policies for growth in the areas of energy, trade, chemicals management, innovation and competitiveness.
Dow fully supports collaborative action to realise the EU2020 vision. As a global chemicals manufacturer with a business presence in Europe for more than 50 years, Dow’s vision and experience make the company an ideal partner for policymakers and legislators across the EU and its Member States as they work to make the EU2020 a reality.