BASF calls for a "true" industrial policy in Spain and Catalonia

The general director of Basf, Carles Navarro, has demanded today that a "real" industrial policy be implemented both in Spain and in Catalonia, within the framework of a new edition of PwC's Talks La Vanguardia.

Thomas Osborne
Thomas Osborne
09 March 2023 Thursday 12:26
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BASF calls for a "true" industrial policy in Spain and Catalonia

The general director of Basf, Carles Navarro, has demanded today that a "real" industrial policy be implemented both in Spain and in Catalonia, within the framework of a new edition of PwC's Talks La Vanguardia.

Navarro lamented that "there are no specific measures for the industry" in terms of competitive prices as there are for other sectors and in other countries.

Navarro highlighted that the chemical industry is a strategic sector of our economy and an important generator of wealth and employment: it represents close to 14% of industrial GDP, it is the first largest exporter in the Spanish economy and generates close to 700,000 jobs. However, the manager stressed, "it is an unknown sector for many and, until very recently, also for the administrations", which have not supported it.

Navarro has highlighted the "excellent competitiveness factors" that Barcelona and Catalonia have to be "a benchmark for investment in Spain". The manager explained that the community continues to be an investment destination, for example, in terms of innovation or as a hub for start-ups, but he has recognized the need to carry out concrete actions in order to also attract more productive and industrial investment.

Navarro warned in his speech that "the current economic model is unsustainable" and stressed that "the climate emergency is the greatest challenge we face as humanity" to avoid reaching, in the future, scenarios that until now "we only see in movies ”.

In the manager's opinion, "we are depleting the planet at a speed that we cannot afford." In his opinion, large companies must be the main actors of change since, with their activity, they have been the ones who have harmed the planet the most. For this reason, he has appealed to "the historical responsibility of large companies to face the climate emergency" and to become aware that "infinite growth is unfeasible with finite resources."

Ignacio Marull, partner in charge of PwC in Catalonia, has remarked for his part that "it will be key that we have world leaders that regulate positively and based on incentives to face the present and future of the climate emergency.