1. Short title This Act may be cited as the Sustainable Chemistry Research and Development Act of 2018 . 2. Findings Congress finds that— (1) Congress recognized the importance and value of sustainable chemistry and the role of the Federal Government in section 114 of the American Innovation and Competitiveness Act ( Public Law 114–329 ); (2) sustainable chemistry and materials transformation is a key value contributor to business competitiveness across many industrial and consumer sectors; (3) companies across hundreds of supply chains critical to the American economy are seeking to reduce costs and open new markets through innovations in manufacturing and materials, and are in need of new innovations in chemistry, including sustainable chemistry; (4) sustainable chemistry can improve the efficiency with which natural resources are used to meet human needs for chemical products while avoiding environmental harm, reduce or eliminate the emissions of and exposures to hazardous substances, minimize the use of resources, and benefit the economy, people, and the environment