R&D Tax Credit for Chemical Engineering

Chemical companies rely on the principles of chemistry, chemical engineering, and high-volume manufacturing. The technological information discovered by a chemical company in the course of analytical and experimental research and development activities is typically used in establishing or enhancing the performance, quality and reliability of chemical formulations that are used in various applications. In addition, chemical engineering companies expend considerable resources developing blending, synthesis, and packaging processes for their products. Examples of Chemical Engineering activities that present R&D tax credit opportunities include:

  • Developing specialty chemicals for industrial and consumer applications
  • Developing water-based chemicals to replace solvent-based chemical systems
  • Developing new or improved systems for use in oil recovery and cleanup projects
  • Developing new or improved systems and techniques for improving safety during chemical production, handling and transportation

Businesses in the Chemical industry are likely candidates to receive cash benefits from an R&D tax credit study. Intrepid Advisors' experts can deliver maximum benefits for each tax year.

Company Profile

Annual Revenue:
$75-$100 Million

50 - 75

R&D Tax Credits

Federal R&D Tax Credit:

State R&D Tax Credit:

R&D Tax Credit for Chemical Engineering

Learn More About R&D Tax Credits