JENNIFER ABRIL

President & CEO at SOCMA, USA

As the U.S. prepares to elect a new president, we are encouraged by both candidates’ commitment to strengthening domestic manufacturing, securing supply chains, and enhancing the global competitiveness of American companies. These priorities signal a promising future for the U.S. specialty chemical industry, which stands poised for significant expansion. In the past several years, the U.S. specialty chemical sector has made substantial investments in capital, talent, and facilities, our industry is ready to meet the growing demand for innovative chemistries that drive countless other sectors and empower businesses across the world to create and manufacture essential products.

One of the most notable trends in the U.S. chemical industry is the movement towards onshoring, nearshoring, and plus-shoring, especially in the aftermath of the COVID-19 pandemic, which underscored the necessity for a resilient and secure domestic supply chain. These strategies aim to bring manufacturing operations closer to the consumer base in North America, driven by the need to reduce dependency on foreign suppliers, ensure supply chain security, and respond swiftly to market d ...