Can the global chemical industry sustain growth?

Can growth in the global chemical industry be sustained given recent economic headwinds? Find out from Dr. Thomas Kevin Swift, chief economist and managing director, Economics and Statistics, American Chemistry Council (ACC).

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Swift will be the keynote speaker at 9:15 a.m., Tuesday, Oct. 30, at the Chem Show. The Chem show will held from Tuesday through Thursday, October 30 through November 1, at the Javits Convention Center, New York, N.Y.

As the ACC’s chief economist, Swift is responsible for e economic and other analyses dealing with markets, raw materials, trade, tax, energy, and competition and innovation, as well as monitoring business conditions and identifying emerging trends for the domestic and global chemical sector. He is an authority on the global chemical industry and his research and analyses are critical to decision-making by executives and business managers through out the industry.

Dr. Thomas Kevin Swift
Dr. Thomas Kevin Swift

Swift disseminates economic and societal contributions of the business of chemistry and general information about the industry to ACC member companies, the media, Wall Street analysts, the academic community and the public in general Prior to joining the ACC, Swift held executive and senior level positions at several business information/database companies, directing business research, forecasting, and consulting as well as domestic and international business forecasting services and related on-line databases. He also conducted industrial market research and related projects. Swift started his career at Dow Chemical USA.

Swift is a member of the National Association for Business Economics (NABE) and its panel of 40 professional forecasters. He also is a member of the Harvard Discussion Group of Industrial Economists and a participant in the Philadelphia Federal Reserve Bank's forecasters' survey. Swift is a member of the Commercial Development and Marketing Association (CDMA) and the Société de Chimie Industrielle. He has authored articles in journals such as Business Economics, Chemistry Business, Chimica Oggi, Cost Engineering, and Hydrocarbon Processing and has appeared on “Bloomberg TV” and “Nightly Business Report.”

Swift is a graduate of Ashland University with a bachelor or arts degree and a graduate of Case Western Reserve University with a master’s degree in economics. He also is a graduate of Anglia Polytechnic University with a doctorate in business administration degree, has completed the Tax Analysis and Revenue Forecasting Program and other studies at Harvard University as well as studies at the University of Oxford. Swift is an adjunct instructor of business economics at the University of Mary Washington.

The ACC represents the leading companies engaged in the business of chemistry. ACC members apply the science of chemistry to make innovative products and services that make people's lives better, healthier and safer. ACC is committed to improved environmental, health and safety performance through Responsible Care, common sense advocacy designed to address major public policy issues, and health and environmental research and product testing. The business of chemistry is a $635 billion enterprise and a key element of the nation's economy. It is one of the nation’s largest exporters, accounting for ten cents out of every dollar in U.S. exports.

Chemistry companies are among the largest investors in research and development. Safety and security have always been primary concerns of ACC members, and they have intensified their efforts, working closely with government agencies to improve security and to defend against any threat to the nation’s critical infrastructure.

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