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HELSINKI – A group of European investors with around EURO 850bn of assets under their management has expressed concern at recent European Commission proposals to streamline and simplify the authorisation process for some specific chemical cases. The investors, from Impax Asset Management, WHEB Asset Management, BNP Paribas Investment Partners and Aviva Investors said the proposed move could have a counter-productive impact on industry efforts to invest in greener chemical products as substitutes.

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