27 May 2011 18:12 [Source: ICIS news]
HOUSTON (ICIS)--Dow Chemical CEO Andrew Liveris said on Friday that he welcomes the Obama administration’s progress on regulatory reform to make US-based manufacturing more competitive.
Liveris said the administration is following through on its commitment to review existing regulations and make changes, if appropriate.
“The uncontrolled accumulation of regulations, and their costs, poses a real threat to ?xml:namespace>
“The president’s decision to review the broad range of regulations on the books is therefore critical,” he added.
Along with a critical review of proposed regulations, timely review of existing regulations is a necessary component of regulatory reform, he said.
In related industry news, the US Environmental Protection Agency (EPA) this month decided to delay indefinitely its rule to sharply reduce emissions from industrial and commercial boilers - a move that was wecomed by US chemical producers.
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