Daily Chemical Reactions

Weak Demand Forces an Array of Industry Cut-Backs; Albemarle Shock Treatment
April 30, 2020
Commodities Mentioned:
Oil, Natural Gas, Caustic Soda, Chlorine, Polyvinyl Chloride (PVC), Polyethylene, Ethylene, Propylene, Ethylene, Lithium , Diethylene Glycol, Hydrogen
Companies Mentioned:
Albemarle, W.R. Grace, Westlake. Olin, OxyChem, Formosa, Shin-Etsu Chemical (Shintech), Dow, LyondellBasell, BASF, Kraton, OCI, Clariant, Wacker Chemie, Reliance, PetroChina

Daily Chemical Reaction

Weak Demand Forces an Array of Industry Cut-Backs; Albemarle Shock Treatment; Other Items

An important date for your calendar:

Conference Call with the Dow Investor Relations team on May 5 at 10am EST

Key Points:

  • Peer releases elevate concerns with investor expectations for Albemarle – we put forth a few items to frame our case – expectation cuts likely.
  • We provide our takeaways from following multiple corporate releases (Dow, BASF, W.R. Grace, Kraton, OCI, Clariant, Wacker, Reliance).
  • We quickly touch on the US PVC market after some planned outage news.
  • Other items of note today range from oil-and-gas commentary, to supply-chain items of note, to India potentially extending its COVID-19 lockdown.

See PDF below for Chart of the Day



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