There is a lot of locally available know-how in Europe to handle ugly process chemicals cleanly - existing semiconductor fabs and chemicals factories (an import

There is a lot of locally available know-how in Europe to handle ugly process chemicals cleanly - existing semiconductor fabs and chemicals factories (an important industry - BASF Ludwigshafen is the biggest chemicals complex in the world) are managing fine. I guess the problem is taxes, slow permissions bureaucracy (including environmental aspects), and lack of subsidies as discussed in other threads. Delays are probably most expensive due to the need to put the billions of capital to work while revenue per wafer is high.