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EU sets REACH registration fees
Apr. 24, 2008
The European Commission has set the fees for the new EU Registration, Evaluation and Authorisation of Chemicals (REACH) Regulation, which includes agrochemical intermediates and co-formulants. The basic registration fee will be: €1,600 ($2,540) for substances with annual production below ten tonnes; €4,300 ($6,825) for 10-100 tonnes; €11,500 ($18,250) for 100-1,000 tonnes; and €31,000 ($49,195) for those above 1,000 tonnes.
There will be discounts of 30% for "medium" companies, 60% for "small-sized" concerns and 90% for "micro" firms. A 25% reduction will be available for companies that co-operate on joint registration submissions. A lower registration fee will apply to intermediates, because of the "much lower" workload, the Commission says. The REACH pre-registration period starts on June 1st. The fees will partly finance the new European Chemicals Agency in Helsinki, Finland, which will manage the REACH procedures.
Source: Agrow
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