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TSCA Would Cost $128 Million

October 4, 2012

Cost estimate released for five-year span.

The Safe Chemicals Act (TSCA), Sen. Frank Lautenberg's (D-N.J.) chemical reform bill backed by ACI and SOCMA, amongst other organizations, would increase the USEnvironmental Protection Agency's annual workload by about 30%, an estimated $1 million per chemical, according to reports. This figure totals at $128 million over a five-year range, added the reports.

According to CSPA, which commented on the issue in the past, CSPA member companies are committed to the process of engaging in dialogue to work through and narrow differences on areas of TSCA reform, particularly those that most impact downstream product manufacturers.

President Chris Cathcart emphasized: “Several key factors motivate CSPA and its member companies to support an updated TSCA statute, including:

* Enhancing consumer confidence in the safety of chemicals in commerce used to formulate popular products,
* The need for consistent regulation of commerce in all 50 states; and
* Advocating global leadership for a risk-based approach to chemical management.”
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