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Chemical executives lobby for free trade agreement

More than 150 chemical and pharmaceutical industry executives descended on Washington, D.C., last week to drum up Congressional and Administration support for the North American Free Trade Agreement (NAFTA). Led by W. H. Clark, chairman and chief executive officer of Nalco Chemical and head of the Office of the Chemical Industry Trade Adviser (OCITA), the executives met at the White House with Treasury Secretary Lloyd Bentsen and U.S. Trade Representative Mickey Kantor. They then fanned out across Capitol Hill to deliver what Clark calls one simple message—"NAFTA means jobs. Good jobs at good wages." That's a far different message than NAFTA's opponents are delivering. They say that, with NAFTA, U.S. companies will transfer jobs south to Mexico. Not so, says Clark, especially for the chemical industry. Exports create jobs, he explains. He estimates total U.S. chemical exports, $44 billion last year, sustain about 160,000 jobs—15% of the industry work force. U.S. chemical exports to Mexico ...