Last year we saw the finalisation of the phase in registration process in REACH. In May, the last registration deadlines expired, officially ending the phase-in period.
Over the years, 90.637 registrations for 21.601 substances have been made, most of them from Germany followed by the United Kingdom, France and the Netherlands.
In all cases of new, emerging legislation there are always studies that tries to predict what kind of consequences it will have on society and business. Of course, REACH registrations were not any different, and in this particular case several stakeholders presented their prediction of what this new process would cost.
CEFIC initially estimated that the total costs of REACH for industry would be between €20 and €30 billion. Among the REACH processes, registration is the main cost driver for the European chemicals industry. The costs are linked to the fees and the preparation of the registration dossiers, which can vary according to complexity, the level of data sharing between registrants and the availability of information on the substance in question.