On April 22, 2024, the European Commission (EC) announced that it adopted a “Communication from the Commission: Guiding criteria and principles for the essential use concept in EU legislation dealing with chemicals.” The press release states that “[t]he overall aim of this concept is to achieve higher regulatory efficiency and predictability for authorities, investors and industry for a faster phase-out of the most harmful substances in non-essential uses, while allowing more time for the phase-out of uses that are essential for society.” The EC intends the concept also to help industry to prioritize investments in innovative and sustainable chemicals in the European Union (EU). For more information, please read the full memorandum.