Chemical companies may be eligible for R&D tax credits for performing qualified research activities. For example, the following activities may be eligible for R&D tax credits:
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Developing new and/or improved blending, synthesis, or packaging processes
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Developing new and/or improved specialty chemicals for industrial or consumer applications
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Developing new and/or improved technologies
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Developing new and/or improved chemical systems (water-based v. solvent-based)
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Developing new and/or improved systems for use in resource recovery or waste cleanup
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Developing new and/or improved systems or techniques to improve safety during chemical production, handling, or transportation / storage
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Developing new and/or improved reagents or devices for experimentation
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Developing new or improved feedstocks, additives, or product preservatives
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Designing new and/or improved applications for existing chemicals pursuant to government regulations
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Designing new and/or improved testing methods/protocols, techniques, or formulae
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Designing new or improved manufacturing processes
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Designing new and/or improved drugs, compounds, and intermediates
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Designing new and/or improved scaled-up manufacturing processes
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Technical integration of new and/or improved automation processes or robotics
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Testing to adhere to regulatory safety, efficacy, and environmental requirements
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Testing to enhance product yield, decrease reaction times, or improve product quality
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Evaluating pilot batches of new and/or improved products for testing and validation