Spain’s chems await helping hand from new government - trade group

Apart from the suspension of a tax on electricity production that has helped lower the energy bill for industrial sectors, the Spanish chemical industry still awaits meaningful measures from the new government to help it thrive, according to the director general at the country’s trade group FEIQUE. Juan Antonio Labat (pictured right) said that the five-month-old government has good ideas about how to decarbonize Spain’s industrial sectors – but a very thin majority in Parliament to undertake them. Moreover, it also lacks coordination, he said, as plans that made headlines around the world earlier this month – aiming to fully decarbonize electricity generation by 2050 – had been announced without consulting the most affected industrial sectors, automobile, and refining.