Economics

Industry Expresses Concerns With Presidential Candidates

By Chemical Processing Staff

Oct 03, 2016

The chemical industry is not immune to the divide caused by this year’s Presidential candidates. According to an article from Scientific American, the chemical sector seems to favor Clinton while biotech may lean toward Trump.  The academic and scientific communities overwhelmingly support Clinton, according to the article.

Larry Sloan, outgoing president and CEO of the Society of Chemical Manufacturers and Affiliates (SOCMA), is quoted as saying Trump poses a greater threat to global trade than Clinton. Two former chiefs of the Environmental Protection Agency who served in Republican administrations say Trump has demonstrated “a profound ignorance of science and of the public health issues embodied in our environmental laws.” Both candidates have come after the biotech industry, according to the article, with Clinton taking a stronger stance regarding “price gouging” by drug companies.

Read the entire article here.