The Passenger – US Ethylene Cracker Co-Product Premiums In Focus, Suggest Cost Curve Fragility

Daily Chemical Reaction

The Passenger – US Ethylene Cracker Co-Product Premiums In Focus, Suggest Cost Curve Fragility

Key Points:

• US ethylene production costs are benefiting from higher co-product values relative to NW Europe and Asia. We follow our early September thematic on this issue to highlight evidence of rising US propane cracker profit risk.
• We flag pertinent chemical sector corporate updates (e.g., Henkel, Trinseo, ConocoPhillips, BASF, LG Chem, Kumho Petrochem, Shell & other items).
• We find varied ESG items worth mention, ranging from an INEOS UK facility conversion to hydrogen production to several global initiative updates.
• We note numerous other pertinent chemical sector items in this report.

See PDF below for all charts, tables and diagrams