Tag Archives: Exports

3 reasons U.S. chemical manufacturers would welcome Japan to TPP negotiations

“This is our last chance. If we don’t seize it, Japan will be left out,” declared Japanese Prime Minister Shinzo Able in a televised address last Friday, calling for his country’s support in joining the U.S. and 10 other parties in the Trans-Pacific Partnership (TPP) negotiations. The American Chemistry Council is among several business groups […]

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Two more lessons learned from GlobalChem 2013

1. Better Data, Better Decisions One of the major issues raised around the effectiveness of the Toxic Substances Control Act (TSCA) centers around the U.S. Environmental Protection Agency’s (EPA) understanding of chemicals in commerce. For example, the current TSCA inventory includes more than 84,000 chemicals. However, it is widely recognized the inventory does not reflect […]

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To gauge the State of the Union, start with shale gas and American chemistry

In last year’s State of the Union address, President Obama seized the moment to connect the dots between abundant and affordable supplies of natural gas to manufacturing and jobs: Flash forward one year to the 2013 State of the Union. President Obama mentioned energy 18 times in his most recent address to the nation, with […]

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Why we need a U.S.-EU free trade agreement

Recent economic troubles on both sides of the Atlantic have underscored the need for renewed efforts to boost job creation and economic growth. The establishment of the U.S.-EU High Level Working Group on Jobs and Growth in late 2011 illustrated that political leaders in the U.S. and EU recognize that a step-change in the trans-Atlantic […]

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In Texas, natural gas and American chemistry continue to drive economic growth

Oil and gas drilling have loomed large in the Texas economy for decades. Now the production of low-priced natural gas from shale is transforming the state’s petrochemical industry and creating a surge in the exports of ethylene and plastics. Here’s what a recent report by Jesse Thompson of the Federal Reserve Bank of Dallas concluded: […]

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ACC publishes 2012 Guide to the Business of Chemistry, a $760 billion enterprise

America’s chemical industry has grown to a $760 billion enterprise, according to the 2012 edition of the Guide to the Business of Chemistry, published earlier this week. Prepared by ACC’s Economics and Statistics Department, the guide divides the $760 billion business into five types of production, while highlighting chemistry’s contributions to the U.S. and world economies. […]

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Dooley visits Port of New Orleans, explores promising new chapter in Louisiana shale gas story

The real story of the promise of natural gas for American manufacturing is just beginning to be told. On Thursday, ACC President Cal Dooley visited the Port of New Orleans to explore a potential new chapter in Louisiana’s shale gas story: a $5.4 billion investment in expanded ethylene production capacity. According to an ACC report […]

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