Daily Chemical Reactions

Bad Case Of Loving You – More News Of Chemical Production Upticks Emerge Amid Elevated Margins

November 11, 2020

Commodities Mentioned:
Plastics (PP, PE, PVC, etc.), Propylene, Propane, Ethylene, Benzene, Styrene, Isopropanol (IPA), Methanol, Vinyl Acetate, Crude/Naphtha, Natural Gas/NGLs

Companies Mentioned:
Braskem, LyondellBasell, Formosa, AmSty, BP, Croda, Evonik, OMPL, INEOS, KAG, Kuraray, Celanese, Cabot, Mitsui Chemicals, OCI, OxyChem, Petkim, Recticel, SACMI, Sasol, Wanhua, Eni, Chevron, Petronas, Walmart

Daily Chemical Reaction

Bad Case Of Loving You – More News Of Chemical Production Upticks Emerge Amid Elevated Margins

Key Points:

US commodity chemical prices broadly marched higher in 3Q20 but reflect slowing momentum in 4Q20 – today, we highlight multiple global production updates that give us confidence that a supply response is on its way.
We highlight several corporate news/update items worth note today (e.g. Braskem, Kuraray, Mitsui Chemicals, OCI and OxyChem updates; Evonik, Wanhua, OMPL, Sasol and Sadara production items of note, etc.)
Other items today range from our display of estimated methanol-to-olefins (MTO) profit trends following recent OCI commentary, to the upward trend in rubber (& feedstock) prices, to mounting decarbonization initiative news.

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Daily Chemical Reactions

Daily Chemical Reaction

Bad Case Of Loving You – More News Of Chemical Production Upticks Emerge Amid Elevated Margins

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