The Society of Chemical Manufacturers & Affiliates (SOCMA) recently announced that it has released its second annual 2021 Specialty Chemicals Industry Census+. New to this year’s Industry Census+ are questions related to:
- The impact of the pandemic on manufacturers’ business and operations
- Incident reporting and process safety
- Product stewardship
- SOCMA’s environmental, health, safety, and security (EHS&S) annual metrics
“The Industry Census+, which is part of SOCMA’s ChemSectors program, provides specialty chemical companies with data and analysis on the state of the industry that can be utilized when making strategic business expansion and planning,” said Paul Hirsh, SOCMA senior vice president for Industry Relations. “While the industry has experienced much uncertainty this past year, SOCMA is encouraged by the survey findings, which demonstrate positive growth outlook, business confidence and industry resilience. Manufacturers will find the results extremely useful around capital expansion, facility maintenance projects, training and workforce optimization initiatives.”
As part of SOCMA’s strategic focus on building commercial development opportunities, the association coordinated the Specialty Chemicals Industry Census+ in collaboration with Vault Consulting, LLC (Vault). Mike Hayes, Vault principal and managing director, moderated SOCMA’s recent Executive Roundtable, where attendees heard key data metrics and high-level, year-over-year comparisons to the association’s 2020 Industry Census findings.
“We also want to thank SOCMA’s ChemSectors Steering Committee, a group of executive representatives from SOCMA manufacturer member companies, that provided leadership throughout the census planning process,” Hirsh said.
Learn more about SOCMA and its Industry Census+ at www.socma.org.