Tag Archives: Economy

U.S. manufacturing exports surging due to shale gas

Exports of manufactured products have risen 6 percent since the start of America’s shale gas production boom, according to a new report by the International Monetary Fund (IMF). It’s a sign that plentiful, affordable natural gas – already a strong catalyst for chemical industry export growth – is benefiting U.S. manufacturing. A reversal in U.S. [...]

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Plastics-to-oil technologies could add $9 billion to U.S. economy, says new report

Isn’t it time we stop burying our non-recycled plastics? Our society is always looking for new, alternative energy sources. Energy is not only vital to most everything we do, it helps to create jobs and enables economic growth. On this blog, for example, we’ve discussed how recovering non-recycled plastics and turning them into energy has [...]

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Tired accusations on TTIP

It seems self-evident that efforts to improve regulatory transparency while maintaining strong protections for the environment and human health; to enhance regulatory efficiency while reducing costs for governments and industry; and to stimulate the economy while supporting job growth should be shared objectives under the Trans-Atlantic Trade and Investment Partnership (TTIP). Unfortunately, that appears not [...]

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American chemistry: Growing the U.S. economy, providing jobs, enhancing safety

Have you used your cell phone today? Laptop? Drunk from a coffee mug, or worn a bicycle helmet? If so, you, along with millions of consumers around the world, have touched a product of chemistry. 96 percent of all manufactured goods are directly touched by the business of chemistry. From life-saving medical devices to airbags [...]

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Reducing trade tariffs on environmental goods is a worthwhile idea, but what constitutes the “good”?

The chemical industry is strongly committed to the protection of health, safety and the environment in its operations. ACC supported the inclusion of environmental objectives in recent U.S. bilateral trade agreements, which highlight the potential for positive synergies between trade agreements and environmental objectives. It’s also important, however, to ensure that these environmental objectives don’t [...]

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Why American chemistry supports an ambitious U.S. trade agenda

For U.S. chemical manufacturers to succeed in today’s global economy, they must be able to compete effectively in international markets. This requires an ambitious trade agenda, including robust and comprehensive trade and economic partnerships, that can deliver enhanced access to overseas markets. In a welcome development, the role of trade in driving and reinforcing economic [...]

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Revealing rare earths: Economic report sheds light on rare earths’ essential role

Whether it’s energy-saving wind turbines, life-saving pacemaker devices, state-of-the-art advanced avionics or super sleek smartphones, rare earth elements play an important role in helping a variety of the latest technologies perform. A new rare earths economics report from the American Chemistry Council and Rare Earth Technology Alliance shows that billions of individual products from a [...]

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ExxonMobil on leading edge of shale-driven industrial renaissance, one step away from multi-billion dollar expansion at Baytown, TX

ExxonMobil is an early mover in America’s industrial renaissance fueled by abundant and affordable supplies of natural gas from shale and associated natural gas liquids. The company is awaiting the green light to begin construction on an exciting, multi-billion dollar expansion to its chemical facilities in Baytown, Texas — already one of the largest and [...]

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Setting the record straight on TTIP

If you happened to see a copy of this press release last week, you might have been given the impression that ACC and its European counterparts were engaged in a nefarious plot to undermine the very basis for sound chemicals management on both sides of the Atlantic (I’ll have mine with an extra helping of [...]

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Media roundup: Who’s talking about the $100B manufacturing investment milestone

The American Chemistry Council recently announced that potential new U.S. chemical industry investment spurred by shale gas has surpassed $100 billion. The nearly 150 projects that have been reported – restarts, expansions, and brand new facilities – could create an estimated $81 billion per year in new chemical industry output and 637,000 permanent jobs by [...]

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