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Why Get Involved?
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How Vision2020 Helps Chemical Company Leaders:
- Strengthens links between customers and suppliers
- Identifies long-term technology needs and trends
- Forms collaborative technology relationships and teams to respond to government solicitations
- Reduces risks and costs of complex multidisciplinary R&D
- Provides access to top scientific expertise and facilities
- Leverages and redirecting public R&D investments
- Promotes sustainable growth
- Enhances public perception of the chemical industry
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Innovative technology is one of the most effective investments to achieve long-term competitiveness in the business of chemistry, regardless of strategic focus. In today's competitive environment, no company can operate in isolation. The pressures of short-term financial expectations limit a company's ability to support the technology needed, while the technical solutions are becoming more complex. The U.S. chemical industry must move to a more sustainable long-term mode in order to protect the economic interests of shareholders and meet the environmental, health, and safety expectations of public stakeholders in a global market.
How Vision2020 Fits the Times:
- Greater pressures on chemical company leadership
- Future growth, profitability, and competitiveness require new technology
- R&D self-sufficiency is no longer realistic
- Long term sustainability is increasingly an issue
- Public R&D investment should respond to industry needs
- Pre-competitive collaboration leverages resources
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