Daily Chemical Reactions

The Weary Kind – Record Profits Has Not Translated Into Record US Commodity Chemical Equity Values
September 15, 2021
Commodities Mentioned:
Plastics (PVC, PP, PE, PS, PET, etc.), Propylene, Propylene Oxide, Ethylene, Butadiene, Benzene, Lithium, Carbon Dioxide, Hydrogen, Natural Gas/NGLs, Crude/Naphtha
Companies Mentioned:
Braskem, LyondellBasell, Formosa Plastics, BASF, Sinopec, Valero, Pilbara Minerals, Standard Lithium, Hyundai, Mitsui Chemicals, SIBUR, Petkim, Dow, Siemens Energy, LG Chem, Sumitomo, Tesla, Toyota, Iberdrola, BP, Kogas, Sasol, Haldor Topsoe, Eni, Walmart, Boeing, Cenovus, Murphy, Suncor, Freeport LNG

Daily Chemical Reaction

The Weary Kind – Record Profits Has Not Translated Into Record US Commodity Chemical Equity Values

Key Points:

  • US commodity chemical sector profits remain near multi-year highs after rising significantly in some product chains since the start of 2021. We discuss why this has not resulted in equity out-performance for some beneficiaries.
  • We flag pertinent chemical sector corporate updates (e.g., LyondellBasell, Azelis, Pilbara Minerals, Sasol, Halder Topsoe, BASF & other items).
  • We find varied ESG items worth consideration, ranging from EU carbon values retreating from record highs WoW to several sector initiative updates.
  • We note numerous other pertinent chemical sector items in this report.

See PDF below for all charts, tables and diagrams

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