Chemical Week What are the major points of concern for US industry?
Jul 22, 2025
Chris Jahn, CEO and president of the American Chemistry Council, dives into pressing concerns for the U.S. chemicals sector. He highlights the significance of stable industrial policies post-Trump's tariffs and discusses regulatory complexities impacting long-term investments. Jahn emphasizes the vital role of the chemical industry in reviving U.S. manufacturing, navigating recent budget bill implications for growth, and balancing optimism with challenges in trade policy. His insights reflect a mix of caution and hope for the industry's future.
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Cautious Optimism Amid Economic Concerns
- Despite persistent anxiety about the short-term economic outlook, chemical industry members remain cautiously optimistic over time.
- Early signs like increased factory orders and manufacturing output suggest a slight pickup in activity.
Regulatory Whiplash and Industrial Policy
- Regulatory whiplash from changing administrations hampers long-term chemical industry investment decisions.
- Industrial policies from both Biden and Trump administrations have introduced new dynamics impacting chemical manufacturing strategies.
Advocating Smarter Chemical Regulation
- Governments should implement risk-based, science-based, and pro-growth chemical regulations to support industry and public health.
- Regulators need to improve chemical approval processes and maintain constructive partnerships, like with the Chemical Safety Board.