SOCMA reveals with list

SOCMA, the trade association of the US speciality chemical manufacturing industry, has published an open letter to the pending Trump administration, urging it to “prioritise policies that encourage advancement, streamline regulatory processes and incentivise domestic manufacturing”. In particular, it asked the administration to

* Streamline the EPA’s New Chemicals Review Process to unlock new chemistries

* Open tariff exclusion processes for inputs and raw materials not available in the US

* Reinstate the R&D tax credit to apply in the tax year of the expenditure

* Support reauthorisation of the CFATS programme, affirming that regulatory authority resides with the Department of Homeland Security.

“Our sector brings critical capabilities to the table: rapid production, advanced innovation, and the agility to meet emerging national needs,” SOCMA said. “We view this moment as a unique opportunity to contribute meaningfully to strengthening US manufacturing and securing resilient domestic supply chains.”

The speciality chemical industry, the association added, “is well-positioned to help the administration achieve high-priority goals. Our industry’s capacity for contract and custom manufacturing means we’re ready to reshore production immediately, without the delays associated with lengthy permitting processes or major capital investments.”