Daily Chemical Reactions

Sweet Disposition – Global Commodity Markets Find Support, Long Term Business Outlooks Optimistic
January 28, 2022
Commodities Mentioned:
Plastics (PVC, PP, PE, PU, PC, PET, etc.), Ethylene, Propylene, Benzene, Lithium, Carbon Dioxide, Hydrogen, Natural Gas/NGLs, Crude/Naphtha
Companies Mentioned:
Olin, Westlake, Formosa Plastics, Shintech, OxyChem, LyondellBasell, Dow, Phillips 66, CP Chemical, ExxonMobil, Nova Chemicals, SABIC, Eastman Chemical, Celanese, Chevron, CNX Resources, Shell, Trafigura, Valero, RPC, Canyon Plastics, Donaldson, Linde, Hexpol, Henkel, Chemtrade, CF Industries, Saudi Kayan, Braskem, Total, Baystar, Iberdrola, NextEra, Aramco, Archaea Energy, Berry Global

Daily Chemical Reaction

Sweet Disposition – Global Commodity Markets Find Support, Long Term Business Outlooks Optimistic

Key Points:

  • US commodity chemical industry profit concerns for 1H22 have lessened due to tighter spot market fundamentals and positive outlook comments in 4Q business updates. We discuss why long-term optimism is also set to rise.
  • We highlight pertinent energy, chemical, and other corporate updates (e.g., Olin, LyondellBasell, Phillips 66, Celanese, Eastman, Chevron, & others).
  • We note relevant ESG items, ranging from European CO2 values near all-time highs to reiterating our view of a molecular recycling project in France.
  • We discuss numerous other pertinent chemical sector items in this report.

See PDF below for all charts, tables and diagrams

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