Cefic represents the chemical industry in Europe, with over 500 company members. It interacts daily with EU and international institutions on behalf of its members. The chemical industry invests 700 billion euros annually in R&D to develop new chemicals that improve performance, meet regulations, and anticipate customer needs. Substitution of chemicals is an innovation opportunity that requires a holistic assessment of technical performance, safety, and environmental properties to avoid regrettable substitution. Grouping chemicals can be useful for regulatory assessments if based on robust scientific criteria, but a one-size-fits-all approach should not be used, as substances within a group can have different hazard properties. The only way forward is through dialogue and cooperation between regulators and industry.