Daily Chemical Reactions

Margaritaville – Global Chemical Producer Incentives High, Supply Chain Thirst Unquenched
January 5, 2021
Commodities Mentioned:
Ethylene, Propylene, Plastics (PVC, PP, PE, PS, PET, etc.), Base Oil, Benzene, Toluene, Bitumen, Lithium, Hydrogen, Natural Gas/NGLs, Crude/Naphtha
Companies Mentioned:
Aramco, Ascend, BP, CP Chemical, Dow, LyondellBasell, Gevo, Ineos, ExxonMobil, Karl Finke, Kraton, Lanxess, Larsen & Toubro, Maire Tecnimont, Monolith Materials, Neste, Nova Chemicals, SIBUR, SINOPEC, PPG, Sasol, Saudi Kayan, Seegrid, Sichuan Yahua, Solvay, Tesco, Westlake

Daily Chemical Reaction

Margaritaville – Global Chemical Producer Incentives High, Supply Chain Thirst Unquenched   

Key Points:

  • Global chemical producer economics enter 2021 supported by a mixture of rising demand, varied operational issues, and lean supply chains. Production is responding, but a full supply-chain replenishment in 1Q remains unlikely.   
  • We highlight multiple corporate items (e.g., Ascend, Azelis, Lanxess, PPG, Neste, and Solvay strategic moves; Monolith Materials carbon-free growth ambitions; several sustainability updates & downstream developments)  
  • Other relevant items within this report include: US ethylene and polymer-grade propylene spot markets surge WoW; China polymer prices trend lower relative to US levels; home-improvement demand indicators remain robust.  

See PDF below for all charts, tables and diagrams

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