L’Oréal Libramont, a “dry” factory

Located in Libramont since 1975, the L’Oréal factory is equipped with its own wastewater treatment plant. Industrial water undergoes initial physico-chemical treatment based on the principle of coagulation/flocculation/flotation, which makes it possible for 80% of the pollutant load of the water to be absorbed. The final complete water treatment takes place via a second step, […]

Compliance with legislation

People →  Ensuring regulatory compliance The strength of a company’s compliance record directly affects its reputation and even its ability to expand its operations or gain permits. It is therefore extremely important that employees have the information they need to act correctly and fully understand the laws, regulations and policies that govern their daily responsibilities […]

Product Stewardship

People →  Encouraging a risk- and science-based approach for product safety Product stewardship is about manufacturers and downstream users being engaged in reducing environmental, health, and safety impacts of their products throughout the whole life-span following a risk- and science-based approach. How it is done is multiple, ranging from substituting the most hazardous substances to […]

Life-long learning

People →  Investing in people, investing in the future Programmes aimed at upgrading employees’ skills are crucial to enhance the sector’s human capital and contribute to employee satisfaction. Continuous vocational training facilitates the continued employability of an ageing workforce, and is vital for the success of a highly innovative and skills-based sector such as the […]

Taxes

Prosperity →  More than €5 billion of taxes go into the state budget The chemicals and life sciences sector makes a significant contribution to the federal, regional and local public finances through the taxes it pays. To give a balanced picture of the sector’s contribution, benefits from subsidies and tax incentives are also taken into […]

Number of researchers

Prosperity →  A quarter of Belgium’s private sector researcher population Source : Commission for federal cooperation, Working group CFS/STAT; calculations Federal Science Policy Office The share of researchers in the sector indicates the innovativeness of the sector and ensures the anchoring of the chemicals, plastics and life sciences industry in the Belgian economy. The sector […]

Innovations

Prosperity →  Securing the future through innovation The sector is a leader in research and development. One way to measure innovation output is the number of patents applied for and granted, as these are an essential means of protecting inventions that pave the way for new products and processes. In 2018, 2,360 Belgian patent applications […]

R&D expenses

Prosperity →  Largest private investor in R&D ​ R&D spending is a key indicator of how innovative an industry is, driving the technological advances that are vital for a sustainable future. R&D spending in the chemicals, plastics and life sciences industry totalled nearly €4.3 billion in 2017, an increase of 64% over a decade. The […]

Investments

Prosperity →  A key investor in Belgium Continuing to invest in existing facilities and attract new investments is crucial to ensure a sustainable future for the chemicals, plastics and life sciences industry in Belgium. The sector invested an average of €1.9 billion a year from 2008 to 2018, both in green field projects and in […]

Profitability

Prosperity →  A sustainable financial performance A healthy financial situation is crucial for a sustainable industry. Profitability can be assessed by net income returned as a percentage of shareholders’ equity; i.e. the return to shareholders after the deduction of all costs and taxes. This ratio measures how well a company uses the capital invested by […]