U.S. and EU Chemical Industries Welcome Ministerial Meeting to Advance Transatlantic Cooperation

The American Chemistry Council (ACC) and European Chemical Industry Council (Cefic) issued the following joint statement in advance of the 15-16 May ministerial meeting of the U.S.-EU Trade and Technology Council (TCC):

“The U.S. and European chemical industries strongly support the revival of closer transatlantic coordination on key global technology, economic, and trade issues. We hope that the TCC will lead to a deepening of transatlantic trade and economic relations and address the critical issues arising from the nexus of trade with climate change and environmental sustainability, innovation and technology, open strategic autonomy, and supply chain resiliency.

“The TCC meeting comes at a transformative time for the global chemicals industry. ACC and Cefic are actively working together to identify areas where we can put the power of chemistry to work on behalf of this initiative. For example, our members are committed to reducing greenhouse gas emissions associated with our operations while enabling the entire manufacturing value chain to reduce their own carbon footprints by using energy-saving and emissions-reducing technologies and materials made possible by chemical innovations.

“With the right policies in place, we look forward to being able to deploy the innovative products of chemistry around the globe that are designed to help protect our food supply, air, and water, make living conditions safer, and provide access to efficient and affordable energy sources and lifesaving medical treatments. We look forward to continuing to work with the U.S. and the EU to achieve our common objectives.”