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EU REACH poses liability risk

The new EU chemical regulation may lead to higher liability and litigation risks for companies because of its "duty of care" rules, warns the UK insurance firm, Marsh. The EU Registration, Evaluation and Authorisation of Chemicals (REACH) Regulation comes into force in June 2007 and covers agrochemical intermediates and co-formulants (Agrow No 513, p 7). It will have an operational and financial impact for companies worldwide and not just those in the EU, Marsh says in a report on the new legislation.

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