Daily Chemical Reaction
“Born Under A Bad Sign” – US Hurricane Season Sets Record With Delta, Add To Supply Chain Blues
- The path and strength of Hurricane Delta puts it in position add notable disruption to US chemical markets that are already in disarray – the chlor-vinyl industry currently faces the greatest risk of further production issues.
- We highlight several global corporate items/news releases (e.g. Landec and RPM 1Q21 results, Olin and LyondellBasell Impairment Charges, Westlake ramping chlor-alkali production in Lake Charles, Celanese price hikes, etc.)
- Other items worth note today range from the benzene-naphtha spread turning negative in Europe, to US production shut-ins ahead of Hurricane Delta, to rising industry concerns that EU recycling targets will be missed.
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