Reshoring And Innovation In Specialty Chemicals with SOCMA's Jennifer Abril - Ep. 205

Amid a dynamic global landscape, the specialty chemical industry is navigating challenges and opportunities with “pragmatic confidence”. Join host Victoria Meyer and guest Jennifer Abril, CEO of SOCMA, as they explore the thriving specialty chemical industry and SOCMA's pivotal role in fostering connections and collaboration. With a focus on domestic production, Jennifer discusses SOCMA's initiatives to streamline business interactions, advance policy advocacy, and support supply chain adjustments in a changing world. The SOCMA theme, "Adapting Supply Chains for a Changing World," highlights their commitment to advancing innovation and growth in North America.  Victoria and Jennifer discuss the current industry outlook, emphasizing the need for efficiencies and growth amidst global shifts. They discuss the intentional focus on onshoring and reshoring, reflecting the evolving supply chain dynamics. Jennifer also shares insights from SOCMA's recent survey, revealing trends of optimism tempered with pragmatism. The episode offers a comprehensive overview of how SOCMA is driving North America's positioning as a prime hub for specialty chemical manufacturing, underscoring the potential for growth and innovation in this resilient industry sector.    Join us on this week’s episode to learn more about these topics: SOCMA's history and purpose North American chemical industry outlook: "Pragmatic Confidence" Purposeful localization and reshoring trends Regulatory and administrative challenges Industry networking and collaboration   Killer Quote: "We got to pragmatic confidence... there is confidence out there, but people are being extremely pragmatic about it. They are informed. They are watching, they are monitoring, and they know that they're going to have to be agile and keep a very close eye to make those little tacks along the way, um, to make sure that they're put, they're still in a good position." - Jennifer Abril    Subscribe to The Chemical Show on YouTube    ***Don’t miss an episode: Subscribe to The Chemical Show on your favorite podcast player. ***Like what you hear? Leave a rating and review. ***Want more insights? Sign up for our email list at https://www.thechemicalshow.com  Sponsored by: Canadian Petrochemical Summit: https://www.cdnpetrochemcialsummit.ca Join chemical industry leaders, innovators, and experts at the Canadian Petrochemical Summit—the premier event for advancing the future of Canada's petrochemical sector. Set in the Canadian Rocky Mountains from June 17-19 this event will help you stay ahead of the curve. See you in the Rockies.