This edition of the ACD’s quarterly column focuses on the issues facing the chemical distribution industry as ACD President Eric Byer reflects on the legislative and regulatory priorities that are central to growth.
The DOE has selected Eastman's second U.S. molecular recycling project to begin award negotiations for up to $375 million in Bipartisan Infrastructure Law and Inflation Reduction Act funding as part of the Industrial Demonstrations Program (IDP).
As one of the first phases of Evonik’s ‘Herne Green Deal’ to sustainably transform the Herne chemical site, the TORTE project will feed industrial waste heat from isophorone production into the district heating network.
The ACD President was joined by the office of U.S. Representative Laurel Lee (FL-15), the National Security Council, the Center for Infrastructure and Cybersecurity Agency, the American Chemistry Council, the Society of Chemical Manufacturers & Affiliates, the Fertilizer Institute, and the American Fuel & Petrochemical Manufacturers to help explain the consequences of the program’s expiration back in July 2023.
Both the paint and coatings and chemical distribution industries are undergoing various changes, which have brought new technological advancements and sustainability initiatives to the forefront of their businesses. These changes ensure that companies, end users, partners, and producers remain competitive in an evolving global landscape.
Over the last few years, businesses of all sizes have faced significant challenges, from labor shortages to high inflation, and ongoing supply chain challenges. The NACD worked with PCI to convene members for a roundtable discussion to examine these pressing distribution issues, enhanced sustainability expectations, and the implementation of innovative technology into business practices.
Although sustainability isn’t a new concept, its integration into daily business practices is prevalent, and important to shareholders, investors, customers, and employees. The NACD recognizes the great responsibility of applying and developing commonsense, sustainable business practices and supply chain operations. The organization describes its ongoing progress to reaffirm to industry partners and customers that it is focused on building a business that delivers a better future.
The statement followed the U.S. Senate’s failure to pass H.R. 4470, legislation to reauthorize the Chemical Facility Anti-Terrorism Security (CFATS) program, prior to its expiration date.
The House Committee on Homeland Security unanimously passed H.R. 4470, a two-year reauthorization of the Chemical Facility Anti-Terrorism Standards (CFATS) program.