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