Daily Chemical Reactions

What A Diff’rence A Day Made – Hurricane Ida Adds To Items Supporting US Premiums, 4Q Risks Remain
August 31, 2021
Commodities Mentioned:
Plastics (PVC, PP, PE, PS, PET, etc.), Ethylene, Propylene, Methanol, Maleic Anhydride, Lithium, Carbon Dioxide, Hydrogen, Natural Gas/NGLs, Crude/Naphtha
Companies Mentioned:
LyondellBasell, W.R. Grace, Arkema, Ashland, Avantor, BASF, H.B. Fuller, Kraton, Lummus, Nouryon, Orion Eng. Carbons, Phillips Carbon Black, Repsol, SABIC, Sayona Quebec, Shell, Sinopec, SK Global, Standard Industries, Borealis, OMV, Sumitomo Chemical, TotalEnergies, ExxonMobil, CP Chemical, Enterprise Products, Formosa Plastics, Pinnacle Polymers, Methanex, INEOS, Amazon, Ballard, Ikea, Hyundai Oilbank, Mitsubishi Chemical, Indorama Ventures, C.H. Robinson, Lanxess

Daily Chemical Reaction

What A Diff’rence A Day Made – Hurricane Ida Adds To Items Supporting US Premiums, 4Q Risks Remain

Key Points:

  • This report highlights the US polyethylene (PE) market as one that could tighten after Hurricane Ida, though the strength may prove short-lived.  We discuss freight rates, contract premiums, and other items framing our view.   
  • We feature several downstream findings, ranging from cost inflation to a lingering inability to source inputs constraining some end product supplies.
  • We flag pertinent chemical sector corporate updates (e.g., Arkema, Orion Engineered Carbons, Ashland, Avantor, Sinopec, H.B. Fuller, & other items).
  • We find varied ESG items worth considering, ranging from numerous chemical industry ESG initiative updates to general climate trend discussions.
  • We note numerous other pertinent chemical sector items in this report.

See PDF below for all charts, tables and diagrams

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