Daily Chemical Reactions

Come Together – Corporate Strategic Moves Pick Up, Supply Chain Woes Persist, Demand Stays Robust
July 2, 2021
Commodities Mentioned:
Plastics (PVC, PP, PE, PS, PET, etc.), Propylene, Ethylene, Benzene, Oxo Intermediates, Carbon Dioxide, Hydrogen, Natural Gas/NGLs, Crude/Naphtha
Companies Mentioned:
Olin, ASHTA Chemicals, Enterprise Products, Nova Chemicals, Formosa, GM, Indian Oil, Lonza, Nouryon, Nobian, PetroChina, Sinopec, Pulcra Chemicals, Shin-Etsu, Stolt-Nielsen, Orion Eng. Carbons, Westlake, Boral Products, Williams, Kroger, ExxonMobil, Covestro, Ceres, Avient, Lion Energy, Lotte Chemical, Shell, LG Chem, Cornerstone Chem.

Daily Chemical Reaction

Come Together – Corporate Strategic Moves Pick Up, Supply Chain Woes Persist, Demand Stays Robust

Key Points:

  • This research report flags recent chemical sector strategic moves that show producers increasing investments to enhance their product portfolios. Given elevated FCF and healthy balance sheets, we foresee more M&A ahead.   
  • We highlight pertinent chemical sector corporate updates (e.g., Enterprise, Nova, Olin, Formosa, PetroChina, GM & other price & business news).  
  • Manufacturer momentum is positive in most areas as demand strength is outweighing supply chain woes. Autos is likely an example exception in 3Q21.
  • We find numerous ESG items and announcements worth mention, ranging from EU carbon prices at a record high to the Shell green hydrogen start-up.
  • We note numerous other pertinent chemical sector items in this report.

See PDF below for all charts, tables and diagrams

Contact us to subscribe to our services and gain access to full content.

Request A Free Trial