1Q Chemical sector profit reports & business updates display remarkable strength and optimism – we see slowing momentum as a concern for 2H21.
We
April 30, 2021
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1Q Chemical sector profit reports & business updates display remarkable strength and optimism – we see slowing momentum as a concern for 2H21.
We
March-quarter chemical profits broadly exceed Street expectations and the guidance offered in early 2021. Full-year profit outlooks are also on the rise.
We highlight
By our analysis, the Biden emission goals can’t work without a carbon tax/price.
The current plan will get tied up in local and state
Commodity chemical per-unit profit postings remain robust in 1Q reports – we flag recent polyurethane trends at Covestro & ECU trends at Olin.
We
Downstream/specialty producers push prices to offset 1H21 raw material cost strength in some product chains – inflationary for the consumer
Axalta, BP, Ecolab, Kemira,
US polyethylene value up again relative to Asia WoW. Is this the top?
Asia polymer values reflect a broad-based decline WoW, with PVC being
1Q21 Chemical sector profit reports and business updates display notable strength. This report adds to our views from earlier this week amid more data points,
1Q21 commodity chemical sector reports display significant price/margin strength. This report discusses producer views for tight conditions to persist and several global supply chain and
This report focuses on what may be practical, achievable, and most important, good enough, from a climate change target perspective, versus some of the more
Building & Construction raw material costs have inflated notably since the start of 2021. This report discusses price trends in lumber, coatings, and PVC that
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