Upstream Vibes – Commodity Chemical Cost Inflation To Likely Lessen in 2H22, US Cost Advantage Sturdy

Daily Chemical Reaction

Upstream Vibes – Commodity Chemical Cost Inflation To Likely Lessen in 2H22, US Cost Advantage Sturdy

Key Points:

• 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.

See PDF below for all charts, tables and diagrams