Daily Chemical Reactions

Wishful Drinking – US Chemical Producers Fight For Price Support Amid Rising Supply & Cost Headwinds
October 8, 2021
Commodities Mentioned:
Plastics (PVC, PP, PE, PS, PET, etc.), TDI, Ethylene, Propylene, Lithium, Carbon Dioxide, Hydrogen, Natural Gas/NGLs, Crude/Naphtha
Companies Mentioned:
LyondellBasell, Braskem, Pinnacle Polymers, OMV, Dow, BASF, Nouryon, Albemarle, Formosa Plastics, Orlen Unipetrol, Sabic, Sibur, Stolt-Nielsen, PTT Global, Air Products, Advent Technologies, Fortescue, Navigator CO2, Sasol, Repsol, Adnoc, Tosoh, TotalEnergies, Thyssenkrupp, TC Energy, Sunfire, Deutsche Post, BMW, Huntsman, Pursell, Feralpi, J-Power

Daily Chemical Reaction

Wishful Drinking – US Chemical Producers Fight For Price Support Amid Rising Supply & Cost Headwinds

Key Points:

  • USGC ethylene values fell to a 2021 low relative to USGC ethane this week. We discuss multiple findings of depreciating Western commodity chemical values, despite rising production costs, that point to margin declines in 4Q21.  
  • We highlight pertinent chemical sector corporate updates (e.g., Nouryon, Air Products, OMV, Formosa, Dow, BASF, Sibur, Sabic & other items).
  • We flag our latest ESG weekly research and numerous other ESG items worth note, ranging from hydrogen developments to new tech 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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