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Bio-based Products Future is Promising, but Hurdles Exist

Supply Chain View from the Field

Unfortunately, The North American Industry Classification System (NAICS) is the standard-bearer for classifying businesses and sectors. As an example, Chemical Manufacturing (NAICS 325) encompasses a variety of chemical manufacturing codes including petrochemicals (3251), but none for biobased chemicals.

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Perspectives on the Global Trade Environment: A Panel Discussion

NC State SCRC

Even if AAP or other auto part companies wanted to move production, there is no manufacturing capacity in the US or anywhere else, so creating redundancy in this case is very difficult. Andrew Partis shared his views from ThermoFisher, a global contrat manufacturer for the pharmaceutical industry. Andrew P.

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