Abstract

It’s a sign of the U.S. chemical industry’s current good health that the closing banquet at the American Chemistry Council’s annual meeting earlier this month had to be moved to a bigger room to accommodate the crowd. Indeed, executives at the event, held at the Broadmoor Hotel in Colorado Springs, were almost uniformly in good spirits. Chemical companies posted strong first-quarter profits, and firms continue to invest in new facilities that make products out of low-cost natural gas extracted from shale. Managers at the event were unnerved by only one thing: President Donald J. Trump. They are generally pleased with Trump’s pro-business policies but troubled by his isolationist tendencies and the cloud of turmoil that surrounds him. Cal Dooley, chief executive officer of the trade association, told guests at the dinner that attendance was up 10% from a year ago to about 650. In opening remarks, he tried to explain

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