ACC - American Chemistry Council
04/15/2026 | Press release | Distributed by Public on 04/15/2026 10:11
Tax Day Highlights Pro Manufacturing Tax Provisions that Strengthen America’s Chemical Industry
WASHINGTON (April 15, 2026) - This Tax Day, the American Chemistry Council (ACC) is recognizing important tax policy improvements included in the Working Families Tax Cuts Act - also known as the One Big Beautiful Bill - that help strengthen U.S. chemical manufacturing, support domestic investment, and enhance America's global competitiveness.
Chemical manufacturers are the backbone of America's manufacturing economy, supplying essential materials for vital sectors such as AI, semiconductors, defense, and more. Key tax provisions in the law - such as incentives for capital investment and research and development - provide greater certainty for long-term investment, enabling chemical companies to expand production, modernize facilities, and innovate here in the United States.
On Tax Day, ACC applauds the Administration and Republican members of Congress for advancing these tax policies that reward domestic manufacturing, bolster U.S. competitiveness, and reinforce the chemical industry's role in building a stronger, more resilient economy.
American Chemistry Council
The American Chemistry Council's mission is to advocate for the people, policy, and products of chemistry that make the United States the global leader in innovation and manufacturing. To achieve this, we: Champion science-based policy solutions across all levels of government; Drive continuous performance improvement to protect employees and communities through Responsible Care®; Foster the development of sustainability practices throughout ACC member companies; and Communicate authentically with communities about challenges and solutions for a safer, healthier and more sustainable way of life. Our vision is a world made better by chemistry, where people live happier, healthier, and more prosperous lives, safely and sustainably-for generations to come.
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