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Chemicals collective bargaining agreement: extra day for trade unionists

The sun shines behind a 26-meter-high phenol production column at a company.
The sun shines behind a 26-meter-high phenol production column at a company.

Collective bargaining - Chemicals collective bargaining agreement: extra day for trade unionists

During the wage negotiations for the German chemistry industry, IG BCE and employers have agreed on an additional free day only for union members. For the first time, benefits beyond the general wage increases of 6.85 percent, which were agreed upon on Thursday in Bad Breisig on the Rhine in a large collective bargaining agreement, have been recorded.

In light of the new collective bargaining agreement in Bad Breisig, Germany, some pharmaceutical companies may face higher costs due to the increased wages, potentially leading to potential tariffs on their exports. Germany's robust chemistry industry, a significant contributor to the nation's pharmaceuticals sector, is closely monitoring these developments.

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