What is the purpose of the UK government's £350 million Critical Chemicals Resilience Fund?

The purpose of the £350 million Critical Chemicals Resilience Fund is to support 'strategically important' chemical producers and sites, strengthen critical supply chains, and help support thousands of skilled jobs, as stated in the government's May 21 announcement.

How does the UK government describe the beneficiaries of the new fund?

The UK government describes the beneficiaries as 'strategically important' producers and sites within the chemical industry—those deemed essential for national resilience, supply chain security, and employment of skilled workers.

UK Government Announces £350M Fund to Support Country’s Chemical Industry

May 23, 2026

The UK government unveiled a £350 million Critical Chemicals Resilience Fund aimed at supporting strategically important producers, strengthening supply chains, and preserving skilled jobs within the chemical sector.

chemweek

2026-05-23

UK Government Announces £350M Fund to Support Country’s Chemical Industry

UK Government Announces £350M Fund to Support Country’s Chemical Industry

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