Daily Chemical Reaction
Upstream Vibes – Commodity Chemical Cost Inflation To Likely Lessen in 2H22, US Cost Advantage Sturdy
- Specialty chemical producers expect cost inflation to moderate in 2H22. We foresee a profit drop for US commodity producers during this period but find positive long-term factors in motion, pushing energy firms downstream.
- We highlight pertinent energy, chemical, and other corporate updates (e.g., Axalta, Enterprise Products, Cabot Corp., ExxonMobil, & others).
- We note relevant ESG items that range from IEA commentary on upward trending EV sales to multiple renewable fuel industry announcements.
- We discuss numerous other pertinent chemical sector items in this report.
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