REACH Could Reduce Chemical Cos.' Profits: Report

Law360, New York (September 17, 2008, 12:00 AM EDT) -- Small- and mid-cap chemical manufacturers stand to see substantially higher costs under the European Union's tough new Registration, Evaluation, Authorization and Restriction of Chemical Substances legislation, or REACH laws, according to a report by Innovest Strategic Value Advisors.

Released Tuesday in Brussels, the report from Innovest — which gauges the financial impacts of environmental and other risks on companies — considered the repercussions of the REACH regulations on 73 chemical companies. The report found that 15 percent of those companies potentially face implementation costs of more...
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