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The bigger picture. Assessing economic aspects of chemicals substitution
Assessing the economic aspects of substitution is a complex task. Even in cases where substitution is a relatively straightforward process of replacing one chemical with another, basing an economic assessment on a comparison of the price per kilo is often irrelevant. Progressive companies, as featured in this report, know that one must include several other factors when assessing the true costs of hazardous chemicals and the benefits of replacing them. Assessing the socioeconomic aspects when regulating hazardous substances can be even more challenging. Nevertheless, such assessments need to be...

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