Daily Chemical Reactions

Strike It Up – US Butadiene Rises Relative To Asia; Phillips 66 Gives 1Q Update; ESG Efforts Advance
April 6, 2021
Commodities Mentioned:
Butadiene, Ethylene, Propylene, Plastics (PVC, PP, PE, PS, PET, etc.), Base Oil, Hydrogen, Methanol, Natural Gas/NGLs, Crude/Naphtha
Companies Mentioned:
LyondellBasell, TPC Group, Shell, Bridgestone, Pirelli, Advanced Petrochemical, DSM, Covestro, Cyclyx, Hempel, ICL, Incitec Pivot, Inter-Pipeline, Lanxess, Lummus, Occidental, SABIC, Sinopec, Symrise, TerraLithium, Phillips 66, Kuraray, Nestle, Kinder Morgan, Estēe Lauder, H.B. Fuller, Eastman Chemical, Baker Hughes

Daily Chemical Reaction

Strike It Up – US Butadiene Rises Relative To Asia; Phillips 66 Gives 1Q Update; ESG Efforts Advance

Key Points:

  • US Butadiene spot markets tightened since late 1Q amid production issues. This report highlights price trends relative to Asia and flags a few global production and end-market factors to impact these markets in 2Q/3Q21.  
  • We highlight pertinent chemical sector corporate items (e.g., Phillips 66, Incitec Pivot, Braskem, & Kuraray Production updates; Multiple supply agreements, Capex plans worth noting, & sector ESG announcements).  
  • This report’s other relevant items include the decline in US spot propylene values WoW, the China PDH producer reliance on imported LPG, a few key takeaways from a Green Hydrogen & Methanol industry webinar, and rising China-to-US container freight rates WoW to a five-year high on average.

See PDF below for all charts, tables and diagrams

Client Login

Learn About Our Subscriptions and Request a Trial

to gain full access and experience our services!

Request a Free Trial