Plastics industry one of ‘most powerful economic engines’ thanks to nation’s shale gas, ingenuity

Plastics industry one of ‘most powerful economic engines’ thanks to nation’s shale gas, ingenuity

Spread the love

The American plastics industry is one of the “most powerful economic engines” in the U.S. due to the nation’s ingenuity and its abundant and affordable shale gas, according to a new report and a plastics president.

President of America’s Plastic Makers Ross Eisenberg told The Center Square that a new America’s Chemistry Council (ACC) report “shows that plastics are a driver of prosperity across the U.S. economy.”

The ACC is an “advocate for the people, policy, and products of chemistry that make the United States the global leader in innovation and manufacturing,” according to its website, while America’s Plastic Makers (APM) is made up of the ACC’s Plastics Division and its members and creates plastic materials.

Eisenberg told The Center Square that “a major factor” in making the plastics industry so economically powerful has been “the availability of abundant, affordable shale gas in the United States.”

“It provides the essential feedstocks for plastics manufacturing, giving American producers a significant competitive edge globally,” Eisenberg said.

“Just as important, companies have harnessed that advantage through American innovation – developing new materials, advanced manufacturing processes, and products that are lighter, stronger, and more efficient,” Eisenberg said.

“That combination of resources and ingenuity has positioned plastics as a powerful driver of U.S. manufacturing growth,” Eisenberg told The Center Square.

According to an APM press release on the ACC report, “America’s plastics industry is one of the nation’s most powerful economic engines, generating more than $1.1 trillion in total economic output.”

Eisenberg told The Center Square: “With more than 11,600 facilities nationwide and nearly 670,000 workers directly employed, plastics touch virtually every sector of our economy and in turn, communities nationwide.”

“Their impact extends well beyond the industry itself – enabling competitiveness in sectors like autos, construction, medical devices, and consumer goods,” Eisenberg said.

As similarly stated in the press release, “key U.S. industries that rely heavily on plastics – including automotive, construction, healthcare, and packaging – employed 4.8 million people and paid nearly $400 billion in wages in 2024.”

Another report by the ACC revealed that plastics help “to drive American auto manufacturing” specifically, an industry that employs “approximately one million U.S. workers in motor vehicle and parts production,” according to a press release.

“Plastics are essential to making today’s cars safer, more affordable, and longer-lasting,” the release said.

For instance, plastics are present in seatbelts, airbags, screens, panels and dashboards to name a few, and also help with fuel efficiency.

An APM release additionally explained that plastics are “a major contributor to U.S. trade, exporting nearly $64 billion in goods last year.”

“With strong domestic production capacity, the United States enjoys a trade surplus in plastic resins, reinforcing its role as a global leader in materials manufacturing,” the release said.

Beyond the global scene, the release said that “plastics manufacturing drives jobs and growth in communities across the country,” with the states of particular impact being Louisiana, Michigan, Ohio, Pennsylvania and Texas.

Eisenberg reiterated to The Center Square the release’s point of a trillion dollars in economic output and said that “we can do even more by recycling more.”

“Expanding and modernizing U.S. recycling infrastructure presents a clear opportunity to create new jobs, keep valuable materials in use, and reduce waste,” Eisenberg said.

“The policies Congress and the administration enact in the coming years can help America to fully capture this economic and environmental opportunity,” Eisenberg said.

Leave a Comment





Latest News Stories

U.S. deficit projected to hit $2 trillion, double fiscal target

U.S. deficit projected to hit $2 trillion, double fiscal target

By Brett RowlandThe Center Square The federal government is projected to post a $2 trillion deficit in fiscal year 2026, double the 3% of GDP target that has bipartisan support...
Iran targets Navy ships, U.S. responds; ceasefire in question

Iran targets Navy ships, U.S. responds; ceasefire in question

By Sarah Roderick-FitchThe Center Square Exactly one month after the U.S. declared a ceasefire with Iran, the U.S. struck Iranian military sites Thursday in retaliation for “unprovoked” attacks on a...
Fetterman: Democrats can't 'simply be the opposite' of 'whatever Trump says'

Fetterman: Democrats can’t ‘simply be the opposite’ of ‘whatever Trump says’

By John ColeThe Center Square After a series of votes and statements putting him at odds with his fellow Democrats over the past year, U.S. Sen. John Fetterman, D-Pa., says...
Bahamas parliament candidate faces scrutiny over ties to accused cocaine smuggler

Bahamas parliament candidate faces scrutiny over ties to accused cocaine smuggler

By Tom JoyceThe Center Square (The Center Square ) – A former Bahamian national security minister running for parliament faces growing scrutiny ahead of next week’s general election over his...
Clashing housing availability, affordability proposals weighed in Springfield

Clashing housing availability, affordability proposals weighed in Springfield

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Plans to cut red tape and create less restrictive zoning laws statewide has been a major focus...
Illinois Quick Hits: Unemployment rises again; growth continues in Champaign

Illinois Quick Hits: Unemployment rises again; growth continues in Champaign

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The unemployment rate in Illinois has risen to 5.2%, according to data released onThursday by the U.S....
Detention hearing continued to next week for suspect in Trump threats

Detention hearing continued to next week for suspect in Trump threats

By Alan WootenThe Center Square The detention hearing for Army veteran Daniel Swain, the South Carolinian arrested in North Carolina accused of being headed to Washington, on Thursday was continued...
Digital ad tax plan prompts discussion as impacts remain unclear

Digital ad tax plan prompts discussion as impacts remain unclear

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A digital advertising tax is up for discussion in the Illinois legislature, but opponents say big tech...
Bill preventing illegal immigrants from driving also impacts state voter ID laws

Bill preventing illegal immigrants from driving also impacts state voter ID laws

By Thérèse BoudreauxThe Center Square Four Republican U.S. senators are pushing a bill that would penalize states that issue driver’s licenses, commercial driver’s licenses, or personal identification cards to migrants...

WATCH: New survey finds more WA businesses considering moving out of state

By Carleen JohnsonThe Center Square A new survey of Washington businesses reveals growing pessimism about the state’s economy and ability to be successful in the Evergreen state. The survey conducted...
Minnesota committee fails to subpoena Omar after unanswered records request

Minnesota committee fails to subpoena Omar after unanswered records request

By Elyse ApelThe Center Square Democrats on a Minnesota House committee refused to support a subpoena targeting U.S. Rep. Ilhan Omar after Republicans accused her of ignoring repeated requests for...
Illinois Quick Hits: State police investigating 2025 fatal ICE-involved shooting

Illinois Quick Hits: State police investigating 2025 fatal ICE-involved shooting

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois State Police have begun investigating the fatal shooting of Silverio Villegas Gonzalez last September by a...
Data shows more violent retail thefts, lost sales tax revenue.

Data shows more violent retail thefts, lost sales tax revenue.

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – New data shows that violent retail crime is on the rise, and taxpayers can be counted among...
Arizona GOP considers suing to redraw congressional map

Arizona GOP considers suing to redraw congressional map

By Zachery SchmidtThe Center Square The Republican majority in the Arizona Legislature is contemplating legal options to redraw the state’s congressional map in time for the 2028 elections. Senate President...
Illinois Quick Hits: Congressman's aide indicted on fraud allegations

Illinois Quick Hits: Congressman’s aide indicted on fraud allegations

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – U.S. Rep. Danny Davis’ deputy director has been indicted on federal fraud charges. Prosecutors say Gerard C....