In
order to lead a company, you've got to get everybody on the same page and
you've got to be able to have a vision of where you're going. – Jack Welch, CEO General Electric, from
1981-2001.
This
is the principle which the European
Chemical Agency (ECHA) is following lately, when it recently announced a new regulation for the Biocides market.
As stated in the Article 3 of Biocidal
Product Regulations (BPR) under ECHA, a biocide is an element containing
one or more active substances with the power of deterring the biological
infestation or growth of harmful organisms. Since, these are intended to kill
harmful organisms; they also pose high risk to human health. Hence, there
should be a protective legacy in handling these biocides.
More on Oilfield Biocides Market:
Download PDF for above
report:
Now,
this is the main reason why ECHA has come up with a regulation like this.
According to the agency, all the manufacturers producing biocides in the European Union (EU) should be in parity
with the costs these chemicals render. The supplier of a Biocidal Product (BP)
should have a dossier containing a letter of access, the adequacy of which
would be checked by the authority. From September 1, 2015, in order to be a part
of the EU, a BP supplier must be entitled to be in the ARTICLE 95 List, failing
which, the product will be banned.
The
people concerned with the above regulation are manufacturers, suppliers and
industries such as oil fields, water treatment plants and more. The global
demand for biocides is estimated to raise manifold. With much stricter rules
and regulations, the manufacturers are looking forward for measures to control
cost and bring in more innovative and natural BPs, while also taking care of
all the regulations.
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