Paint & Coatings Industry Magazine’s Post

Chemistry powers our future. Read 5 key reasons why industry leaders like American Chemistry Council are calling for policies to support U.S. chemical production.

ACC partnered with The Washington Post Post this week to publish a high-level summary of the key lessons that policymakers should know from our “Chemistry Creates, America Competes” initiative. Take a look and feel free to share your thoughts and feedback in the comments. My quick take: No matter what happens in November, demand for chemicals will continue to grow, both at home and abroad. To meet that rising demand and protect America’s future, the White House and Congress must support growing domestic chemical production. From healthcare to clean energy, infrastructure to national defense, chemistry is vital to economic growth in the United States. The bottom line: For nearly four years, the United States has been on the wrong track, handicapping the ability to develop and make chemicals here in America with a massive surge in regulatory restrictions and a lack of coordination among branches of the federal government. And it’s a track that alarmingly mirrors the deindustrialization of Europe. Whoever takes office in January must learn from past missteps and put a regulatory framework in place that is fully aligned with national priorities—job creation, onshoring manufacturing, strong supply chains and economic leadership. Learn more: https://ow.ly/2XpW50TqQHS #ChemistryCreates #AmericaCompetes

Chemical industry facing headwinds but opportunities on the horizon Key takeaways from American Chemistry Council Chief Economist Martha Gilchrist Moore: ·      Consumer spending shift from goods to services impacting chemical demand ·      Regulatory burdens remain a top concern for industry ·      Manufacturing resurgence and new technologies offer growth potential ·      Sustainability investments increasing - 25% of capital budgets allocated ·      Geopolitical risks and potential Fed policy missteps are ongoing concerns Despite challenges, long-term outlook supported by reshoring trends, clean tech investments, and emerging market growth. What are your thoughts on the chemical industry's future? #ChemicalIndustry #Economics #Manufacturing #Sustainability https://lnkd.in/ebG9_iW3

Great perspective Chris Jahn. Chemicals are a fundamental building block to our modern world and to the health of our economy. And, as a nation, the US needs to recognize the benefits of and support chemical manufacturing... and independence. It should also learn from the harsh lessons that other economies are facing, when putting short-sighted (one-sided) regulations in place. (EU, I'm looking at you!) One of the things that stood out from your op-ed is this: "The ballooning number of regulations on chemical manufacturing in the U.S. has increased operating and compliance costs, discouraging job creation and investment. In fact, the number of new restrictions on chemical producers has doubled over the last two decades. The chemical industry has seen a ninefold increase in the number of economically significant regulations from the (current) administration. These regulations and others in the queue will raise annual compliance costs for the industry by up to 50%." ❗Nine-fold increase in economically significant regulations in the past 3.5 years.❗ And slow approvals of regulatory frameworks to help progress critical priorities that support a more sustainable future, including new technologies, new green chemicals, etc. I know that the chemical industry is committed to doing better.... safer, more sustainable, continuing innovation to support future energy and lifestyle needs. We need regulators to do the same.

DuPont initially planned to split into three independent public companies — materials science, electronics and water. But now it will retain its water business. #DuPont

For U.S. #manufacturers to innovate and compete on the global market, regulation of chemicals used in #electronics #manufacturing must be practical, cost-effective, and prioritized according to levels of risk, a message carried by IPC to the July 23 congressional reception hosted by the American Chemistry Council in coordination with members of the Congressional Chemistry Caucus. Richard Cappetto, IPC senior director of North American government relations, met with congressional staff and industry representatives from across the #chemical and material supply ecosystem to emphasize the importance of chemistry in the manufacturing of #PCBs, #PCBAs, #wireharness, and #advancedpackaging.

🔔 Reminder: The future of polymers is just around the corner! 🌱🔄 There is still time to register for the upcoming #SpotlightTalk on "Circularity and Sustainability in Polymer Reaction Engineering" with the #EFCE Working Group on Polymer Reaction Engineering. Dive into the latest innovations in sustainable plastics and recycling technologies, exploring pathways to a circular economy! ♻️🌍 📅 Date: November 13, 2024 🕑 Time: 14:00 - 17:00 CET Gain insights from leading experts and join the conversation on sustainable polymer production! #EFCE2024 #PolymerEngineering #CircularEconomy #Sustainability #ChemicalEngineering #Reminder

For U.S. #manufacturers to innovate and compete on the global market, regulation of chemicals used in #electronics #manufacturing must be practical, cost-effective, and prioritized according to levels of risk, a message carried by IPC to the July 23 congressional reception hosted by the American Chemistry Council in coordination with members of the Congressional Chemistry Caucus. Richard Cappetto, IPC senior director of North American government relations, met with congressional staff and industry representatives from across the #chemical and material supply ecosystem to emphasize the importance of chemistry in the manufacturing of #PCBs, #PCBAs, #wireharness, and #advancedpackaging.

Our newest Voices from DARPA episode, “Decentralizing #Chemistry,” highlights tech programs designed to enable distributed, small-batch manufacturing of chemical products while retaining efficiencies of large-scale industrial production. https://ow.ly/P35p50SsQwH

Chemistry is essential to modern life and to the economic health of our nation. Here are the facts: • Nearly everything you touch starts with chemistry and chemistry supports national priorities. • The number of new restrictions on chemical producers have doubled over the last two decades. • From the current administration, the chemical industry has seen a ninefold increase the number of economically significant regulations, potentially raising annual compliance costs for the industry by as much as 50%. • The U.S. is currently the second-largest chemical producing country. China is the first. • The global and U.S. demand for chemicals will grow over the next decade. If we keep the status quo, U.S. chemical production capacity will not be able to keep up with future demand. America should be leading, not following. Whoever takes the White House in November and earns a seat in the next Congress must prioritize American chemical manufacturing or other countries like China will fill the void. Make more chemistry here at home, not less. Read my op-ed for The Washington Times on why American success relies on American chemistry: https://ow.ly/IJkL50TwN32 #ChemistryCreates