Delaware's chemical companies can leverage the growing international demand for primary chemical materials such as plastics and resins.
DuPont, one of the world's first and largest chemical manufacturing companies, has been operating in Delaware for more than 200 years. Pharmaceuticals, industrial chemicals, plastics, and other synthetics are Delaware's primary manufactured products, and the chemical industry is among the State's top sectors for employment and revenue. Multinational companies such as Siemens, along with innovative startups like Sepax Technologies and Supercritical Fluids, continue to benefit from the State's long legacy in the industry and from the vast talent pool in the area.
The University of Delaware is ranked 10th in the nation for chemical engineering and has ranked in the top 25 U.S producers of ACS-certified B.S. chemistry graduates for 18 consecutive years. Its graduate programs in Chemistry and Chemical and Biomolecular Engineering are nationally ranked and include some of the world's top scientists, among them Richard F. Heck, winner of the Nobel Prize in Chemistry.
International demand for products and raw materials present opportunities for Delaware's chemical manufacturers to expand operations and open new markets.
With the world's population projected to reach 10 billion by the year 2050, global chemical companies around the world are retooling to provide solutions to produce enough food to feed the planet in a sustainable manner. There is growing demand for products and processes that will maximize land productivity while protecting natural resources, and to increase crop yields while using less water. Traditional chemical giants are partnering with smaller bioscience companies to respond to this global demand for product innovation.
Trade data suggests that for companies considering a move to sustainable agro-chemicals, as well as opportunities for other subsectors in the chemical industry, the markets with the strongest potential for export opportunity are Mexico, Canada, Brazil and South Korea.
Chemical companies around the world are coming to Elcriton in search of designer microbes. The Delaware biotech start-up engineers microorganisms for applications ranging from the production of biofuels to the consumption of waste gas emissions, carving out a niche in the growing renewable-based chemical industry. Read the full story →