Commodities Mentioned:
Ethylene, Propylene, Polyethylene, Polypropylene, TiO2, PVC, Maleic Anhydride, US Natural Gas, Brent Crude
Companies Mentioned:
Shintech, Formosa, Sasol, Indorama, Celanese, Westlake, Nova, Shell, CP Chem, Flint Hills, ExxonMobil, Arkema, Ascend Performance Materials, Braskem, Oxea, Total, Chemours, Clariant, Sonoco, Adeka, Sumitomo Bakelite, DIC Corp
Daily Chemical Reaction
Ethylene, Propylene & Other Items
Key Points:
We note downward pressure on both USGC ethylene and propylene contract markets, and discuss both, taking a cautious view.
Six earnings reports and read-throughs worth note; Other relevant items noted in the news range from emerging environmental initiatives to the multi-year high price level reached recently in the European butane market.
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