Daily Chemical Reactions

Cheap Butadiene, Imbalanced Chlor-Alkali; Four Corporate Releases of Note
April 22, 2020
Commodities Mentioned:
Butadiene, Propylene, Polyvinyl Chloride, Chlorine, Caustic Soda, Polyethylene, Lithium, Ethylene, Benzene
Companies Mentioned:
TPC Group, LyondellBasell, Shell, ExxonMobil, Braskem, ARLANXEO, Invista, Trinseo, Kraton, Westlake, Formosa, OxyChem, Olin, Shintech, Sherwin Williams, PPG, Akzo Nobel, Silgan Holdings, Orocobre, Livent, Albemarle, Graphic Packaging

Daily Chemical Reaction

Cheap Butadiene, Imbalanced Chlor-Alkali; Four Corporate Releases of Note; & Other Items

Key Points:

  • Butadiene prices are declining relative to the other major ethylene cracker co-products MTD – we frame our view of this market.
  • We discuss the PVC and caustic soda markets as multiple industry reports emerge overnight – we view the industry overall as in a tough spot currently.
  • We highlight takeaways from four corporate releases since the start of the week: Silgan, Akzo Nobel, Orocobre & Graphic Packaging.
  • Other items of note today range from crude oil comments, to multi-year lows in ethylene and benzene, to automotive market commentary.

There are several charts in this report – please see the PDF below



Contact us to subscribe to our services and gain access to full content.

Request A Free Trial