UK Chemical and Pharmaceutical Industry Facts and Figures



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UK Chemical and Pharmaceutical Industry Facts and Figures as at 1 January 2015 ENERGY SOURCES Wind turbines Solar panels Bio fuels Shale gas Responsible Care: continuously improving health, safety and environmental performance

Chemicals: making a better world The chemical industry is the essential partner for the medical industry, helping to meet the worldwide need for safe and reliable products for treating illnesses and injuries. Hip replacement cement: polymethyl methacrylate Dentures: polymethyl methacrylate Cough medicine: dextromethorphan Antiseptic wipes: benzalkonium chloride Eye drops: chloramphenicol Sedative: benzodiazepine Non-latex gloves: nitrile butadiene rubber www.cia.org.uk

Steve Elliott Chief Executive, Chemical Industries Association You can t live without us In our 2015 facts and figures publication we show how today s UK chemical and pharmaceutical industry continues to be a vital part of this country s economy. When the final 2014 figures are published, we expect them to show growth of around 4% for chemicals in 2014. Chemical and pharmaceutical businesses in the UK (represented by the Association) contribute 60m of Added Value every single working day (over 15bn a year) to the UK s Gross Domestic Product. The industry is our Country s largest manufacturing export sector with exports of nearly 50bn each year. The growth in jobs has been an astonishing 11% in the chemicals sector and 10% in the pharmaceutical industry. There are a total of 30,000 full-time equivalent roles in research and development showing the strength of the UK s expanding science base. The 4bn spent on capital expenditure represents a 7% real terms annual increase. Representing all the different sub-sectors of the chemical industry, including dyes and pigments, inorganics and fertilisers, CIA members have a turnover approaching 50bn. The chemical and pharmaceutical industry is a positive force for good in this country and beyond. It is the hard work of the men and women who lead and work in chemical and pharmaceutical businesses throughout the UK which is the reason for our outstanding achievements. In addressing our long-term future, we have been pleased to work with Government, the trade unions and all parts of the chemical and chemistry-using industries through the Chemistry Growth Partnership (CGP). Last year saw us capture some significant wins with the budget s support for energy intensive businesses; the strengthening of commercial relationships for many UK suppliers with key multinational customers in the agrochemical and pharmaceutical sectors; the securing of a 32m Science Industry Partnership (SIP) for skills provision and confirmation of a 28m National Formulation Centre (NFC) in the Chancellor s Autumn Statement. Building on its excellent 2012 performance, last year also saw the UK chemical industry again securing the highest reputation of any major chemical industry in Europe opposite 10,000 members of the general public and opinion formers a point highlighted by our All Party Parliamentary Group through an early day motion in Parliament itself. This year CIA celebrates 50 years of working for chemical and pharmaceutical businesses. Let s ensure, through partnership, that we continue to strengthen the economic, environmental and social success story that is the UK chemical industry. All the information in this publication is taken from official data.

Chemicals: making a better world The chemical industry is the essential partner for the construction industry, helping to develop energy efficient products for the framework of today s society. Trideceth-5 PVC doors and windows: polyvinyl chloride Paint: titanium dioxide Insulation: expanded polystyrene Perspex: polymethyl methacrylate Safety hats: acrylonitrile butadiene styrene Pipes: high-density polyethylene Low voltage insulation: low-density polyethylene www.cia.org.uk

An energy saving record to be proud of Britain s 50bn chemical industry Energy Turnover Energy consumption by the chemicals sector amounts to 3.4m tonnes of oil equivalent. We are the largest industrial sector, with 14% of the total. Because of the energy intensive nature of the industry, it has consistently sought to improve its efficiency. Between 1990 and 2010 we have reduced our energy input per unit of output by 35%. The main primary energy source is gas (1.9m tonnes oil equivalent). In total the industry spends about 2bn on energy, of which over half is for gas. The energy used in manufacturing chemical products is saved more than twice over during the lifetime of the products (McKinsey study for International Council of Chemical Associations) by virtue of lighter and friction-reducing products in transport, reducing energy inputs and improving yields in agriculture, insulation to reduce heat losses and many others. Turnover of UK chemicals and pharmaceuticals approaches 50bn. Turnover includes sales of merchanted goods (purchased and resold without further processing) and the value of any other activities carried out by the reporting company beyond selling own manufactured chemical products. Eurostat data shows that merchanted goods have recently been 11-12% of turnover for chemicals and around 13-14% for pharmaceuticals. See below for CIA coverage of chemical subsectors. Dyes and pigments Inorganics Organics Fertilisers Plastics Syn rubber Pesticides Other chem prods Fibres Pharmaceuticals 50% 50% 75% CIA % coverage Source: DUKES energy statistics, published by DECC. Source: Annual Business Survey (ONS), Eurostat.

Chemicals: making a better world The chemical industry is the essential partner for the communications industry, helping the advances of technology by creating resource-efficient production. Trideceth-5 Screen: polymethyl methacrylate Battery: lithium iron phosphate Circuit board: polytetrafluoroethylene Headphones: silicone rubber Casing: high-impact resistant polymer www.cia.org.uk

A top global player Global ranking/ Comparative size of chemical industry to the rest of world A leading, value added contributor Value added: contribution to the UK economy The UK is one of the world s top global producers of chemicals and pharmaceuticals. The ranking is based on combined sales of chemicals and pharmaceuticals. The final year data in most cases involves extrapolation by using volume and price indices. Full data, in B billions: China 1,291bn, US 652bn, Japan 208bn, Germany 196bn, S Korea 144bn, France 114bn, India 100bn, Brazil 83bn, Italy 80bn, Switzerland 66bn, Taiwan 65bn, NL 57bn, UK 54bn. China US Japan Germany S Korea France India Brazil Italy Switzerland Taiwan NL UK 0 250 500 750 1000 1250 1500 1750 Euro billions Value added in UK is 8.8bn for chemicals and 6.4bn for pharmaceuticals. The combined total of 15.2bn represents 1.0% of the 1,525bn gross value added at basic prices for the whole economy. This is the single most relevant economic statistic which demonstrates the importance of the chemicals sector to the economy apart from the position of the sector at the head of so many supply chains within manufacturing. Comparative value added for some other sectors: motor vehicles, trailers and parts (SIC 29): 13.6bn; aerospace (SIC 30.3): 9.4bn; computers, electronic and optical equipment (SIC 26): 8.8bn; electrical equipment (SIC 27): 4.8bn; other machinery (SIC 28): 13.0bn; food products (SIC 10): 20.1bn. We frequently quote the value added per (working) day: 60m per day. Food prods (SIC 10) Chemicals (20) Pharmaceuticals (21) Rubber & plastic proc (22) Mfr non-metallic prods (23) Mfr basic metals (24) Fabricated metal prods (25) Computer, electronic & optical prods (26) Electrical eqpt (27) Machinery & eqpt nes (28) Motor vehicles, trailers & parts (29) Aerospace (30.3) 0 5 10 15 20 25 billions Source: FERI (German consultants) compilation of data from official national statistical agencies and central banks, Eurostat. Source: ONS Annual Business Survey and GDP statistics.

Chemicals: making a better world The chemical industry is the essential partner for the automotive industry, helping to develop products for today s resourceconscious environment. Coatings: methyl methacrylate Airbags: sodium azide Bumpers: polypropylene Headlamp lenses: polycarbonate Fuel tanks: high-density polyethylene Tyres: solution-styrene-butadiene rubber Screenwash: ethylene-glycol Fuel additive: 2,4-Dimethyl-6-tert-butylphenol www.cia.org.uk

The number one manufacturing exporter A significant employer accounting for half a million jobs Exports/imports/trade balance Employment In the 12 months to November 2014, exports of chemicals were 24.7bn and of pharmaceuticals 20.7bn. Corresponding imports were 26.2bn and 19.6bn, giving a deficit of 1.5bn for chemicals and a surplus of 1.1bn for pharmaceuticals. UK accounts for approximately 4% of global exports of chemicals and pharmaceuticals. The ONS figures are presented on a balance of payments basis the cost of freight and insurance on imports is debited elsewhere. Most international statistics are on a fob/cif basis export values measured as per balance of payments at free on board, but imports are at cost, insurance and freight. Chemicals and pharmaceuticals together accounted for 20% of all UK manufactured exports in twelve months to November 2014. The deficit of 410m contrasted with a deficit in the rest of manufacturing of 80.4bn. The chemical trade balance weakened in 2014 following a surplus of 1.1bn in 2013. Nonetheless, we are the largest export sector with exports 47.2bn for the chemical and pharmaceutical industry. Automotive exports were 31.5bn and aerospace exports were 24.7bn in 2013. Exports 24.7bn Imports 26.2bn In Q3 2014 there were 158,000 jobs in the chemical industry (including pharmaceuticals). Jobs increased by more than 10% when we compare this quarter with the same quarter in the previous year. In Q3 2014 there were 105,000 jobs in the chemical industry and 53,000 in the pharmaceutical industry. Jobs increased by 11% in the chemical industry and 10% in the pharmaceutical industry when comparing this quarter with the same quarter the previous year. Indirect jobs will include: contract staff employed by third parties services such as transport, building and plant maintenance IT legal accounting finance insurance Also included are employees in downstream industries such as plastics and rubber processing and their ancillary services which would fall away if the UK source of the relevant input were to disappear. A multiplier of 3 is typically used when presenting estimates of jobs saved or created in support of applications for public funding for chemicals sector projects. In that case we could claim a total of around 500,000 directly and indirectly dependent jobs. CHEMICALS Exports Imports 20.7bn 19.6bn PHARMACEUTICALS Source: ONS UK Trade in Goods, HMRC Overseas Trade Statistics, UN trade statistics and Chemdata. Source: ONS Workforce jobs (Employee jobs plus Self-employed jobs).

Chemicals: making a better world The chemical industry is the essential partner for the energy industry, helping with the most efficient and productive use of raw materials and natural resources. Wind turbine blades: polyester resin Solar cells: monocrystalline silicon Gas pipes: high-density polyethylene Biodiesel: fatty acid methyl esters www.cia.org.uk

A research intensive sector A leading investor in re-building productive capacity for the UK Research and Development intensity and annual spend Capital expenditure Research and Development expenditure by chemical businesses in the UK is 612m and pharmaceutical businesses is 4.1bn. Corresponding turnover figures are 31m and 15.4m, giving intensities of R&D spend to sales of 1.9% and 26.4% respectively. The high intensity for pharmaceuticals is boosted by the UK hosting a high share of the major global R&D departments, while manufacturing is much less concentrated. Business investment by the chemical industry (including pharmaceuticals) is 4bn, a 7% real terms annual increase. The quarterly business investment series shows that investment has increased in real terms, now 3.1bn since reaching a low point in 2009. There are around 30,000 full-time equivalent employees in R&D in the chemical industry (7,000 in the chemical industry and 23,000 in the pharmaceutical industry). Percentage of R&D expenditure across all business enterprise in the UK Chemicals 3.3% Non manufacturing 30.5% Other manufacturing 44% Pharmaceuticals 22.1% The chemical and pharmaceutical industry is a positive force for good in this country and beyond. It is the hard work of the men and women who lead and work in chemical and pharmaceutical businesses throughout the UK which is the reason for our outstanding achievements. Source: ONS, Research and Development in UK Businesses, 2013. Source: ONS Business Investment

Kings Buildings Smith Square London, SW1P 3JJ Telephone: 020 7834 3399 Email: enquiries@cia.org.uk www.cia.org.uk Chemical Industries Association January 2015