Industrial Policy

BAVC Convenes Labor Minister and Union Chief on Chemical Competitiveness

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BAVC Convenes Labor Minister and Union Chief on Chemical Competitiveness

Berlin – October 28, 2026 -- Germany's federal employers' association for the chemical industry (BAVC) will bring Labor Minister Alexander Schweitzer, IGBCE union chief Michael Vassiliadis and FDP leader Wolfgang Kubicki together on November 4, 2026 to debate how the chemical-pharmaceutical sector can regain competitiveness.

Three-hour ChemieArbeitgeberTag runs from 2 p.m. to 5 p.m. at AXICA Berlin

The 2026 ChemieArbeitgeberTag takes place on Wednesday, November 4, at the AXICA Congress and Conference Center, Pariser Platz 3, in Berlin. BAVC President Katja Scharpwinkel leads the discussions under the motto of regaining competitiveness and charting paths forward.

The agenda centers on three goals: restoring competitiveness, enabling investment and strengthening Germany as an industrial location over the long term. BAVC describes the sector's current environment as challenging and economically uncertain.

Proxima Fusion, Lower Saxony Plan €140M HTS Tape Factory

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Proxima Fusion, Lower Saxony Plan €140M HTS Tape Factory

Hannover – September 15, 2026 -- Proxima Fusion and the German state of Lower Saxony have signed a memorandum of understanding to build Europe's first large-scale industrial production site for high-temperature superconductor (HTS) tape used in fusion reactors, with investments of roughly €140 million planned for the first two project phases through the end of 2029.

State and private capital split the €140 million bill

Proxima aims for a 50-50 split between private and public financing. Lower Saxony intends to contribute €21 million, covering nearly 30% of the planned public funding share.