Daily Chemical Reactions

Walking On Sunshine – 1Q21 Chemical Sector Profit Updates Glow, Demand Expectations Remain Bright
April 22, 2021
Commodities Mentioned:
Plastics (PVC, PP, PE, PS, PET, etc.), Isocyanates, Acrylics, Silicones, ABS, Carbon Dioxide, Hydrogen, Methanol, Natural Gas/NGLs, Crude/Naphtha
Companies Mentioned:
Dow, Umicore, Alpek, Inter Pipeline, Kraton, Lenzing, Saudi Kayan, Vopak, Vulcan Energy, LyondellBasell, Westlake, Formosa Plastics, ExxonMobil, Kinder Morgan, Halliburton, PetroChina, NextEra Energy, Shell, Ineos, Chevron, Toyota, Polynt, Petronas Chemicals, Acron, Amcor, Berry, Whirlpool, US Steel

Daily Chemical Reaction

Walking On Sunshine – 1Q21 Chemical Sector Profit Updates Glow, Demand Expectations Remain Bright

Key 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 end-market items supporting their case.  
  • We highlight pertinent chemical sector corporate items (e.g., Dow, Saudi Kayan, Lenzing, Umicore, & Vopak updates; Sabic, Polynt, & several other price hike notices; Multiple Capex initiative items; & ESG action views)  
  • This report’s other relevant items include Europe carbon prices reaching a record high, upticks in Whirlpool product demand & input cost expectations, and updates on US refinery operating rates & US chemical rail traffic.  

See PDF below for all charts, tables and diagrams

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