72    Business View - October 2015
        
        
          Society of Chemical
        
        
          Manufacturers & Affiliates
        
        
          
            From pharmaceuticals to fracking, SOCMA is the voice
          
        
        
          
            of the specialty chemical niche
          
        
        
          SOCMA was founded in 1921 as the Synthetic Organic
        
        
          Chemical Manufacturers Association – a trade protec-
        
        
          tionist group. It was just after World War I, and more well-
        
        
          established countries like Germany were dominating the
        
        
          chemical industry. Led by President Dr. Charles Herty,
        
        
          SOCMA petitioned the government to levy tariffs on im-
        
        
          ports of specialty raw materials, such as dyes. Herbert
        
        
          Hoover, then Secretary of Trade and future U.S. Presi-
        
        
          dent, spoke at one of the first SOCMA meetings about
        
        
          the importance of trade barriers.
        
        
          How times have changed. SOCMA is now the Society of
        
        
          Chemical Manufacturers & Affiliates, representing spe-
        
        
          cialty chemical manufacturers, distributors and affiliated
        
        
          service providers, and a staunch advocate of free trade.
        
        
          SOCMA President and CEO, Lawrence D. Sloan, shares
        
        
          his insight into this powerful and somewhat complex or-
        
        
          MANUFACTURING