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  • Friday, April 30, 2021

    Understanding ESG: The Impact of ESG Investing in the Chemical Industry

    Following the publication of CCNJ’s Sustainability Statement, which reaffirms CCNJ’s commitment to environmental, social, and good corporate governance best practices, CCNJ members may be interested in the most recent terminology and thought leadership in the corporate sustainability space.

  • Friday, April 30, 2021

    NJDEP Publishes First NJPACT Rule Proposal

    On April 19, 2021, the New Jersey Department of Environmental Protection (NJDEP) Division of Air Quality published a rule proposal in the New Jersey Register on “Advanced Clean Trucks Program and Fleet Reporting Requirements.”  This is the first of several New Jersey Protecting Against Climate Threats (NJPACT) proposed rules expected following the NJDEP’s rulemaking stakeholder process held last year.

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New Jersey Chemistry: Economic Impact


Over 96% of all manufactured goods are directly touched by the business of chemistry, making this industry an essential part of every facet of our nation’s economy. Chemistry provides significant economic benefits in every state.

Chemistry companies in New Jersey directly employ 43,802 people, and indirectly contribute 33,556 jobs to the economy.

Chemistry industry jobs are high-paying. The average wage of a chemistry industry employee in New Jersey is $125,997 which is 60% higher than the average manufacturing wage. The chemistry industry generates $5.5 billion in payroll, and $710 million in state and local taxes, and $1.02 billion in federal taxes.

The business of chemistry is essential to New Jersey's economy and plays a vital role in helping to solve the biggest challenges facing our state, nation and our world by driving innovations that make our lives and our world healthier, safer, more sustainable and more productive.

Snapshot

Total Employment 43,802 State Rank 5
Chemical Industry Average Wages $125,997 State Rank 1
Value of Output ($mil) $25,500 State Rank 9
Exports ($mill) $8,300    

Source: American Chemistry Council, 2017, New Jersey Chemical Industry Profile