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Chemical Specialties Adapt in a Changing Global Landscape

Discussion by Jennifer Abril, Head of SOCMA, on the effects of fresh tariffs and the significance of local production networks within the specialty chemical sector.

Chemicals with Specific Applications Adapting to Global Changes
Chemicals with Specific Applications Adapting to Global Changes

Chemical Specialties Adapt in a Changing Global Landscape

The Specialty Organisation for the Chemical Manufacturers Association (SOCMA) is a leading trade association representing the specialty chemical industry. As a central resource for specialty chemical manufacturers navigating a dynamic and complex regulatory landscape, SOCMA is building connections across companies, encouraging knowledge-sharing, and identifying strategic opportunities for collaboration.

In today's globalized world, international sourcing remains an essential part of the specialty chemical value chain. Recognizing this, SOCMA is fostering collaboration among its members to expand supplier bases, increase flexibility, and build resilience against geopolitical and economic disruptions.

One of the key challenges facing the industry is higher input costs due to geopolitical changes. In response, SOCMA is actively engaging with federal officials, legislators, and industry partners to ensure the specialty chemical sector is represented at every level of decision-making. The association pursues strategies including advocating for fair trade policies, engaging with policymakers to influence tariff regulations, and supporting its members with resources to adapt to new tariffs and protective measures.

SOCMA is also advocating for a sector-specific approach to trade policy. This approach aims to address the unique needs of the specialty chemical industry, ensuring that tariff structures are thoughtfully reviewed and appropriate exemptions remain available. The association continues to advocate for sector-specific trade policy and engages directly with policymakers to ensure these needs are met.

Jennifer Abril, President & CEO of SOCMA, emphasizes the importance of strengthening domestic and North American sourcing in response to global supply chain disruptions. Abril's vision is for SOCMA to serve as a constructive partner, shaping policies that strengthen North American manufacturing while safeguarding the global supply networks that enable innovation.

To further this goal, SOCMA has launched its Vision 2030 initiative. This initiative aims to elevate the role of specialty chemical manufacturing in North America as a strategic engine of innovation, economic resilience, and global competitiveness. As part of this initiative, SOCMA provides real-time policy updates, facilitates direct dialogue between members and regulators, and delivers practical guidance to help companies stay compliant while remaining competitive.

In conclusion, SOCMA plays a crucial role in advocating for the specialty chemical industry. By fostering collaboration, engaging with policymakers, and advocating for fair trade policies, SOCMA is helping to ensure the industry's continued growth and success in the face of global challenges.

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