Tag Archives: Trade

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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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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U.S. EIA: America’s plastics makers triple exports on half the energy

Data released today by the U.S. Energy Information Administration (EIA) confirms what U.S. plastics manufacturers have been seeing firsthand of late – solid growth  in plastics production and exports, combined with improved efficiencies, which allow their businesses to draw less energy from our nation’s abundant natural gas supply. The graph above tells the story. The [...]

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In 2013, America’s chemical industry put the pedal to the metal, fueled by shale gas

It’s a new year and America’s chemical industry is ready for lift off, thanks to the competitive advantage provided by natural gas from shale, which is driving domestic investment and creating jobs. Check out ACC’s Year End 2013 Chemical Industry Situation and Outlook if you haven’t already. Kevin Swift, ACC’s chief economist, summarized the good [...]

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Regulatory cooperation under T-TIP: Greater efficiency, strong health and environmental protections

The Transatlantic Trade and Investment Partnership (T-TIP) is a historic opportunity to promote economic growth and job creation, enhance U.S. competitiveness and expand consumer choice. But it’s also a junction through which U.S. and EU regulators can join together to secure efficiencies and enhance their ongoing efforts to protect human health and the environment. Eliminating [...]

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President promotes exports in the Big Easy, a boomtown for chemical shipments

President Obama chose perhaps the perfect venue to deliver recent remarks focused on growing the U.S. economy by increasing exports. As the president said of the Port of New Orleans: In New Orleans, exports are growing at one of the fastest rates in the nation, powered in part by a shale gas boom that has [...]

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Rising tide of natural gas boosts chemical exports and cargo transport industry

What’s good for the chemical industry also appears to be good for the cargo transport industry. The boom in natural gas supplies from shale is dramatically cutting the cost of chemicals, which were exported to China and beyond at a record pace in 2013, subsequently driving increased demand for large containers delivering everything from plastics [...]

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Fortified by natural gas, chemical manufacturers and steel makers flex economic muscle

A barrage of experts from Wall Street, consulting firms and think tanks have reported on the enormous benefits that manufacturers derive from robust and reliable supplies of natural gas from shale. “Transformational for the U.S. economy,” a recent study by Mesirow Financial said of natural gas. Chemical and plastics producers, as well as the steel [...]

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