The New Chemicals Legislation in Europe
At the end of 2006, the EU adopted a single regulatory framework named REACH (Registration, Evaluation and Authorisation of Chemicals) that replaces the current dual system for assessing "existing" chemicals – placed on the market before 1981 – and the few "new" substances that were marketed after then. The overall political aim of REACH is to encourage innovation, competitiveness and the proper functioning of the internal market on the one hand, and to increase the safety of humans and the environment on the other, reflecting the precautionary principle.
After several rounds of negotiation, the EU REACH (Registration, Evaluation, and Authorisation of Chemicals) regulation finally came into force in June 2007. Pre-registration took place from June to December 2008. Now registrants must engage in the Substance Information Exchange Fora (SIEFs) to share information with other companies wishing to register the same substance.
The PGM Industry and REACH
The platinum group metals (PGM) industry was quick to respond with the
formation of the Precious Metals (PM) and Rhenium Consortium in collaboration with other precious metals such as gold and silver and under the auspices of the European Precious Metals Federation (EPMF).
Covering silver and silver substances, gold and gold substances, as well as platinum group metals (PGMs) and PGM substances, the Consortium is a dedicated forum to exchange data and information regarding REACH. The IPA and its members are involved in the PM Consortium to ensure a consistent response from the PGM industry.
Joint preparation for REACH will increase time- and cost-efficiency, and will boost the weight and credibility of our industry in its relations with the European Chemicals Agency (ECHA). Therefore, the Precious Metals and Rhenium Consortium is a typical example for effective industry cooperation across the borders of countries and metals.
Read our REACH Case Study for more details.
To find out more about the PM Consortium, please visit the site of the EPMF www.epmf.be.