Orion Engineered Carbons to Increase Hard Carbon Black Capacity at Louisiana Plant
HOUSTON–(BUSINESS WIRE)–Orion Engineered Carbons (NYSE: OEC), a leading global…
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Nov 9, 2021
WASHINGTON, November 6, 2021 – Today, the U.S. Tire Manufacturers Association (USTMA) commended the final passage of H.R. 3684, the Infrastructure Investment and Jobs Act (IIJA), which has now been sent to President Biden’s desk for signature. The bill, which Members of Congress in both parties had a hand in crafting, makes the long-awaited, generational investment in American infrastructure that enables the United States to uphold commitments made on climate change and to bolster resiliency efforts throughout the nation. Important provisions in the legislation also support the advancement of scrap tire markets through research on innovative pavement materials and stormwater control systems.
“While the process getting us to this point wasn’t easy, it’s the ultimate result that matters, and USTMA and its members believe our work has only just begun,” said Anne Forristall Luke, USTMA president and CEO. “As the administration begins to stand up the research and procurement programs within the IIJA, USTMA will be collaborating with Congress to ensure innovative technologies like rubber modified asphalt and tire derived aggregate are available for integration into sustainable infrastructure projects that will benefit the entire nation.”
USTMA has been actively engaged with Congress on the infrastructure package since May, with the release of a letter providing leadership with a list of industry priorities. Since then, USTMA has offered support during the negotiation process, praised the release of the bipartisan package, issued a statement urging the House to take up the measure without delay, and called on Members on both sides of the aisle to support the bill in a letter addressed to House leadership.
Source: USTMA
Tire and Rubber Association of Canada
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