NAFTA: Boom Or Bust For The Chemical Industry?

March 23, 1998

Analysts Discuss Impact of Trade Agreement on North American Chemical Business

Debated from its inception to the present, the North American Free Trade Agreement (NAFTA) has held a variety of promises for the chemical industry that would bolster chemical production, consumption and investment between the U.S., Canada and Mexico. Have these promises been realized, or is it too soon to tell? Has NAFTA had a discernible impact, or have trade increases been attributable to other factors? And, based on current conditions, what impact might NAFTA have in the future?

In a March 31 session at the national meeting of the American Chemical Society (ACS), the world's largest scientific society, industry analysts discuss their respective studies of NAFTA's effects since its implementation three years ago.

WHAT: Chemical Trade Under NAFTA

WHEN: Tues., March 31 9:00 a.m. to noon

WHERE: Dallas Convention Center Rm. D324, Level 3

WHO:

John J. Gersic -- Division Chief, Energy, Chemicals and Textiles U.S. International Trade Commission


Allen J. Lenz, Ph.D.-- Managing Director, Economics Chemical Manufacturers Association


Gerald J. Finn -- Vice President, Corporate Government Relations, NOVA Corporation


# # # # 3/23/98 #12314

A nonprofit organization with a membership of more than 155,000 chemists and chemical engineers, the American Chemical Society publishes scientific journals, convenes major research conferences, and provides educational, science policy and career programs in chemistry. Its main offices are in Washington, D.C., and Columbus, Ohio.
-end-


American Chemical Society

Related Chemical Industry Articles from Brightsurf:

Algae as living biocatalysts for a green industry
Many substances that we use every day only work in the right 3D structure.

How the chemical industry can meet the climate goals
ETH researchers analysed various possibilities for reducing the net CO2 emissions of the chemical industry to zero.

From petroleum to wood in the chemical industry: cost-efficient and more sustainable
An interdisciplinary team of bio-engineers and economists from KU Leuven has mapped out how wood could replace petroleum in the chemical industry.

Artificial evolution of an industry
A research team has taken a deep dive into the newly emerging domain of 'forward-looking' business strategies that show firms have far more ability to actively influence the future of their markets than once thought.

3D printing with applications in the pharmaceutical industry
This achievement will have applications in the pharmaceutical industry, such as in the preparation of biocompatible biosensors based in gold, which have already been shown to be effective in the detection of carcinogenic cells and tumour biomarkers.

Towards sustainability -- from a by-product of the biodiesel industry to a valuable chemical
Scientists at Tokyo Institute of Technology (Tokyo Tech) and the National Taiwan University of Science and Technology (Taiwan Tech) develop a cheap and efficient copper-based catalyst that can be used to convert glycerol, one of the main by-products of the biodiesel industry, into a valuable compound called dihydroxyacetone.

Can researchers engage safely with the food industry?
Researchers from The University of Queensland and University of Cambridge are exploring ways to help scientists better protect their work from the influence of the food industry.

US struggles to keep up as hemp industry grows
US hemp production is soaring, but government oversight hasn't kept up, according to an article in Chemical & Engineering News (C&EN), the weekly newsmagazine of the American Chemical Society.

Industry-ready process makes plastics chemical from plant sugars
A team from the Great Lakes Bioenergy Research Center and the University of Wisconsin-Madison describe an efficient and economically feasible process for producing HMF, a versatile plant-derived chemical considered crucial for building a renewable economy.

How to take the 'petro' out of the petrochemicals industry
University of Toronto Engineering researchers chart a course for how an alternative technology -- renewable electrosynthesis -- could usher in a more sustainable chemical industry, and ultimately enable us to leave much more oil and gas in the ground.

Read More: Chemical Industry News and Chemical Industry Current Events
Brightsurf.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.