The document discusses the impact of NAFTA on the US chemicals industry over the past 10 years. It finds that US chemical firm exports to Canada increased 38% and exports to Mexico increased 97% from 1992 to 2002. In 2002, US firms captured 71% of Mexico's chemicals import market and 70% of Canada's. NAFTA eliminated tariffs on US chemical imports to Mexico and Canada, providing a competitive advantage. Some US chemical companies have benefited from expanding sales and investment opportunities in Mexico under NAFTA.
Executive Resume of the Chemicals and Petrochemicals Business Profile (2006)CONAPRI
www.conapri.org
Executive Resume of the Chemicals and Petrochemicals Business Profile (2006), edited by the Venezuelan Council for Investment Promotion, CONAPRI
Get the complete version at the www.conapri.org Virtual Store
The North American Free Trade Agreement (NAFTA) was implemented on January 1st, 1994 and is an agreement to remove both tariffs and investment barriers between the United States, Canada, and Mexico, as well as encourage further trade. NAFTA incorporates the previous 1989 agreement between the United States and Canada to remove tariffs on agricultural trade. Mexico and Canada had a separate agreement on agricultural products that eliminated most of the tariffs over a fifteen year period. The full provisions of the NAFTA agreement, including the elimination of all tariffs, were implemented fourteen years after the first signing of NAFTA on January 1st, 2008.
How nafta has helped american manufacturingNovaLink
If you have enjoyed prosperity with competitive goods from your business, and care about the future of American manufacturing, you should be supporting NAFTA.
WTO = INDIA, CHINA, USA & BRICS RELATIONArmaan Anand
history of WTO, IMPACTS OF WTO ACCESSION ON CHINA, IMPACT ON US-CHINA & INDIA-CHINA, IMPORT EXPORT RELATION (US, INDIA & CHINA), BRICS- (BRAZIL, RUSSIA, INDIA, CHINA AND SOUTH AFRICA) REFERENCES, CONCLUSION of position of India china and USA on WTO, inter relation of major economies in WTO, WTO stance towards USA INDIA and CHINA, INDIA's stance against/for CHINA and USA @ WTO, BRICS, What is BRICS, Importance of BRICS, Position of countries in BRICS, CHINA's WTO commitments, Impact of WTO on CHINA, IMPACT ON US-CHINA & INDIA-CHINA, What Has USA Imposed on China or INDIA at WTO, IMPORT EXPORT RELATION (US-CHINA & INDIA-CHINA) , IMPACT ON BRICS
CPI Your Ideeal Partner in Mexico To Expand Your Manufacturing for North AmericaAlma Denisse Martinez
Despite the rhetoric and relentless sound bites currently emanating from Washington, companies manufacturing products for the North American marketplace know that the border is an ideal location to expand their operations. Tijuana is at the heart of the Binational Mega-Region, encompassing Baja California, San Diego County and the Imperial Valley. This region is strategically located to supply the lucrative California market and with easy access to the Pacific Rim.
In Tijuana, Co-Production International (CPI) is your partner of choice. With a track record of over 40 years of success, CPI is the company you can trust to be your Mexico manufacturing partner. CPI specializes in developing manufacturing solutions in Mexico, we are experts in our region. CPI will ensure your maquiladora operations in Mexico are expertly managed and comply with every aspect of the law.
AED recently surveyed its Canadian members to develop baseline information about the impact heavy equipment distributors have on the Canadian economy and to find out what keeps them up at night. Having this information is vital to conducting effective advocacy engagement with politicians and bureaucrats on behalf of the members – changing policy where necessary and creating an environment in which to conduct business. About 30 percent of the Canadian membership responded to our survey. Those responses have provided a good basis for prioritizing our advocacy goals in Canada. We will discuss the results in greater detail at the Canadian Breakfast during the AED Summit in Las Vegas, on Thursday, January 18, 2018, and with a number of roundtables and presentations at the Ottawa Briefing, February 28 to March 1, 2018.
The global market for textile chemicals is expected to grow from $ 10,346.6 million in 2021 to $ 13,803.3 million in 2027. The market is expected to grow at a CAGR of 4.2% over the forecast period (2021-2027). Some of the market's key participants are Archroma, Bozzetto Group, CHT/Bezema, Dr.Petry, Dymatic Chemicals, Henglong Chemical, Huntsman, Lonsen, Matsumoto Yushi Seiyaku, NICCA, Pulcra-Chemicals, Rudolf GmbH, Schill & Seilacher, Takemoto, Tanatex Chemicals, Total, Transfar Chemicals Group, Zhejiang Runtu, Zschimmer & Schwarz. This report intends to identify significant growth areas and to explore relevant market strategies. This in-depth analysis delves into the global market for textile chemicals. The primary goal of this research is to examine the potential growth areas, significant trends, and the market's impact on the industry. The report also reviews the adoption of textile chemicals in both established and emerging markets.
Executive Resume of the Chemicals and Petrochemicals Business Profile (2006)CONAPRI
www.conapri.org
Executive Resume of the Chemicals and Petrochemicals Business Profile (2006), edited by the Venezuelan Council for Investment Promotion, CONAPRI
Get the complete version at the www.conapri.org Virtual Store
The North American Free Trade Agreement (NAFTA) was implemented on January 1st, 1994 and is an agreement to remove both tariffs and investment barriers between the United States, Canada, and Mexico, as well as encourage further trade. NAFTA incorporates the previous 1989 agreement between the United States and Canada to remove tariffs on agricultural trade. Mexico and Canada had a separate agreement on agricultural products that eliminated most of the tariffs over a fifteen year period. The full provisions of the NAFTA agreement, including the elimination of all tariffs, were implemented fourteen years after the first signing of NAFTA on January 1st, 2008.
How nafta has helped american manufacturingNovaLink
If you have enjoyed prosperity with competitive goods from your business, and care about the future of American manufacturing, you should be supporting NAFTA.
WTO = INDIA, CHINA, USA & BRICS RELATIONArmaan Anand
history of WTO, IMPACTS OF WTO ACCESSION ON CHINA, IMPACT ON US-CHINA & INDIA-CHINA, IMPORT EXPORT RELATION (US, INDIA & CHINA), BRICS- (BRAZIL, RUSSIA, INDIA, CHINA AND SOUTH AFRICA) REFERENCES, CONCLUSION of position of India china and USA on WTO, inter relation of major economies in WTO, WTO stance towards USA INDIA and CHINA, INDIA's stance against/for CHINA and USA @ WTO, BRICS, What is BRICS, Importance of BRICS, Position of countries in BRICS, CHINA's WTO commitments, Impact of WTO on CHINA, IMPACT ON US-CHINA & INDIA-CHINA, What Has USA Imposed on China or INDIA at WTO, IMPORT EXPORT RELATION (US-CHINA & INDIA-CHINA) , IMPACT ON BRICS
CPI Your Ideeal Partner in Mexico To Expand Your Manufacturing for North AmericaAlma Denisse Martinez
Despite the rhetoric and relentless sound bites currently emanating from Washington, companies manufacturing products for the North American marketplace know that the border is an ideal location to expand their operations. Tijuana is at the heart of the Binational Mega-Region, encompassing Baja California, San Diego County and the Imperial Valley. This region is strategically located to supply the lucrative California market and with easy access to the Pacific Rim.
In Tijuana, Co-Production International (CPI) is your partner of choice. With a track record of over 40 years of success, CPI is the company you can trust to be your Mexico manufacturing partner. CPI specializes in developing manufacturing solutions in Mexico, we are experts in our region. CPI will ensure your maquiladora operations in Mexico are expertly managed and comply with every aspect of the law.
AED recently surveyed its Canadian members to develop baseline information about the impact heavy equipment distributors have on the Canadian economy and to find out what keeps them up at night. Having this information is vital to conducting effective advocacy engagement with politicians and bureaucrats on behalf of the members – changing policy where necessary and creating an environment in which to conduct business. About 30 percent of the Canadian membership responded to our survey. Those responses have provided a good basis for prioritizing our advocacy goals in Canada. We will discuss the results in greater detail at the Canadian Breakfast during the AED Summit in Las Vegas, on Thursday, January 18, 2018, and with a number of roundtables and presentations at the Ottawa Briefing, February 28 to March 1, 2018.
The global market for textile chemicals is expected to grow from $ 10,346.6 million in 2021 to $ 13,803.3 million in 2027. The market is expected to grow at a CAGR of 4.2% over the forecast period (2021-2027). Some of the market's key participants are Archroma, Bozzetto Group, CHT/Bezema, Dr.Petry, Dymatic Chemicals, Henglong Chemical, Huntsman, Lonsen, Matsumoto Yushi Seiyaku, NICCA, Pulcra-Chemicals, Rudolf GmbH, Schill & Seilacher, Takemoto, Tanatex Chemicals, Total, Transfar Chemicals Group, Zhejiang Runtu, Zschimmer & Schwarz. This report intends to identify significant growth areas and to explore relevant market strategies. This in-depth analysis delves into the global market for textile chemicals. The primary goal of this research is to examine the potential growth areas, significant trends, and the market's impact on the industry. The report also reviews the adoption of textile chemicals in both established and emerging markets.
Business Valuation Principles for EntrepreneursBen Wann
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Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
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Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
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Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
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NAFTA impact on Chemical Industry
1. Canada
38%
Mexico
97%
Rest of World
37%
0
20
40
60
80
100
GrowthPercentage,1992–2002
U.S. Share in Mexico's
Import Market (2002)
71%
Rest of World
Share in Mexico's
Import Market (2002)
29%
NAFTA 10 YEARS LATER
CHEMICALS
From 1992 to 2002, U.S. chemical firms increased exports to
Canada by 38% and increased exports to Mexico by 97%.
In 2002, U.S. firms captured 71% of Mexico’s chemicals import
market and 70% of Canada’s chemicals import market.
Export Highlights
U.S. firms exported a total of $107.6 billion in chemicals in 2002, including $13.6 billion to Mexico and $22.6 billion to
Canada. Together, our NAFTA partners account for 34% of total U.S. exports of chemicals.
Industry Facts
NAFTA partners provide key export markets for the
U.S. chemical sector. Last year, Mexico and Canada
were the first and third largest export markets,
respectively, for U.S. chemical firms.
The United States is an important export market for
Mexico and Canada. In 2002, Mexico exported $2.9
billion in chemicals to the United States, and Canada
exported $14.9 billion. These exports represent 56%
and 85%, respectively, of those countries’ total exports
in the chemical sector.
The U.S. chemical industry, encouraged by
opportunities offered by NAFTA trade rules,
continues to focus on expanding NAFTA markets by
upgrading investment and marketing plans, especially
with regard to plastics, solvents, thinners, and other
chemical preparations.
NAFTA-Led U.S. Export Growth
Chemicals
U.S. Share in Mexico’s Import Market
Chemicals
2. Trade Barrier Elimination
NAFTA eliminated virtually all Mexican and Canadian
tariffs on U.S. chemical imports. Before NAFTA, U.S.
chemical exports to Mexico were subject to an average
12% tariff, and as high as 20% on such products as
polishes, creams, and pharmaceuticals. Today, U.S. firms
receive an average 17% price advantage over other
countries that export to Mexico, and as high as 28% on
some products. Without NAFTA, U.S. cosmetic firms
would be at a disadvantage because products of such key
competitors as France and the United Kingdom will
soon enter duty-free due to their FTA with Mexico.
Key Exporting States
Arizona, California, Illinois, Indiana, Louisiana,
Massachusetts, Michigan, Missouri, New Jersey, New
York, North Carolina, Ohio, Pennsylvania, South
Carolina, Texas, Virginia
Success Stories
“NAFTA has helped facilitate our customers’
products movement into Mexico, directly adding to
our bottom line,” says Kim Kensil, vice president of
sales, Jeco Plastic Products, Plainfield, Indiana.
Increased U.S.-Mexico trade under NAFTA has
benefited Jeco, a second-tier supplier of custom plastic
packaging products, because there is a greater need for
packaging materials for products being shipped.
“Before NAFTA, we had to deal with smaller
markets and servicing them as separate markets was
more costly,” says R.Scott Miller, director of national
government relations for Proctor and Gamble,
Cincinnati, Ohio. After NAFTA, P&G merged the
three national units into one. Sales in Mexico
doubled, and sales in Canada rose 50%. Today, the
company makes Olay and Pepto-Bismol products in
Mexico for sale across North America, feminine
hygiene products in Canada, and a wide range of
consumer goods in the United States for sale in all
three countries. This has resulted in cost savings for
P&G that in turn strengthen competitiveness.
JUNE 2004
CHEMICALS
Following NAFTA, Eastern Color and Chemical,
of Providence, Rhode Island, supplies dyes and
chemicals to the textile and leather industry in
Mexico, which in turn exports textiles, apparel, and
footwear to the United States and Canada.
According to technical manager Fred Savell,
business has been expanding in recent years, and the
company anticipates doing even better in the next
few years.
Employment Opportunities
The chemicals sector employs 1.7 million people
nationwide. Following NAFTA implementation,
employment in this industry sector grew 5% from 1992
to 1998 but declined in the following years during the
global economic downturn, resulting in an overall
decline of 5% from 1992 to 2002. Wages in the chemi-
cals sector have increased 35% during this ten-year
period.
The Sector
This sector includes industrial chemicals, agrochemicals
and petrochemicals, pharmaceuticals (see the Pharma-
ceuticals report in this series), plastics, cosmetics, and
paints and coatings.
Prepared by the U.S. Department of Commerce, International Trade Administration, Office of Industry Trade Policy.
For more information, please contact the Office of Trade and Economic Analysis/Industry Trade Policy at 202.482.3703.
PAGE 2
NAFTA 10 YEARS LATER