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Economic Impact of a Repeal of the Superfund Tax on Chemicals for US Manufacturers 

Repeal of the Superfund excise tax on 22 chemicals could result in $314 million in additional chemical output. In addition, $109 million in direct chemical industry value added could be generated. The $109 million in value added is equivalent to 0.9% of chemical industry R&D spending or, alternatively, 0.3% of chemical industry capital expenditures.

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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.