American Chemistry Council Launches Digital Tool for Chemical Manufacturing
The new Economic Elements of Chemistry tool offers information and data for chemical manufacturing.
The American Chemistry Council (ACC) launched the Economic Elements of Chemistry (EEC), which provides a comprehensive look at the industry’s contributions to the US and global economies.
The new online tool replaces the print version of the Guide to the Business of Chemistry. It has an interactive format featuring dynamic graphs and charts that users can engage with to display useful data and statistics. Thanks to the new digital format readers can explore data insights and trends in a more immersive way.
The EEC underscores how the US chemical industry remains a powerhouse of innovation and economic growth. For example, US chemical exports totaled $164 billion, making up 10% of the nation’s goods exports, while the overall business of chemistry contributed $639 billion annually to the US economy, supporting over half a million jobs in 2023.
“Every year, the business of chemistry shines brightly as a key driver of both US and global economies. Our members are tackling global challenges, including working to reduce emissions, protect our air and water, and enhance safety standards,” said Chris Jahn, president and CEO of the ACC. “The Economic Elements of Chemistry provides insight into how our industry powers progress and creates opportunities for a cleaner, healthier and more productive future.”
The new interactive format allows users to explore key data points such as capital spending, job creation, trade balances, and innovation metrics through real-time graphs and visualizations. It also covers a wide range of sectors that are dependent on chemistry from agriculture and health care to energy and manufacturing. The digital format makes it much easier to navigate complex data and gain the most up-to-date insights into how chemistry supports many industries and the broader economy.
Check out the new Economic Elements of Chemistry digital tool here.
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