Daily Chemical Reactions

Keep Their Heads Ringin’ – Natural Gas Strength To Pressure Western Chemical Commodity Margins
September 16, 2021
Commodities Mentioned:
Methanol, Chlor-Alkali, Propylene, Ethylene, Plastics (PVC, PP, PE, PS, PET, etc.), Lithium, Carbon Dioxide, Hydrogen, Natural Gas/NGLs, Crude/Naphtha
Companies Mentioned:
LyondellBasell, CP Chemical, Borealis, Shell, PPG, Sherwin-Williams, AkzoNobel, Axalta, U-POL Holdings, Air Liquide, Total, BASF, CATL, MEGlobal, Henkel, DSM, Tokuyama, Panasonic, OQ Chemicals, PepsiCo, Amazon, P&G, Nikola, Phillips 66, Petro Rabigh, Honeywell, Preem, Yum China, Weber

Daily Chemical Reaction

Keep Their Heads Ringin’ – Natural Gas Strength To Pressure Western Chemical Commodity Margins

Key Points:

  • European natural gas prices have surged in 2021, far outpacing the upward move in US prices. We discuss rising energy costs, a flatter global petrochemical cost curve, and risks surrounding Western premium prices.   
  • We highlight pertinent chemical sector corporate updates (e.g., Axalta, OQ Chemicals, Air Liquide, Total, Shell, Total, MEGlobal, BASF & other news).  
  • We compare US total rail traffic to US chemical rail traffic, flag several relevant consumer demand statistics, and discuss commodity chemical trends.
  • We flag several ESG items worth mention, ranging from multiple sector initiative updates to our latest ESG research discussing carbon markets.
  • We note numerous other relevant 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.