Daily Chemical Reaction
Chemtrails Over The Country Club – Chemical Sector Strategic M&A Rises As A Growth Capex Priority
Key Points:
- US commodity chemical profit hit record levels in 2021, but strategic M&A is taking priority among producers relative to greenfield expansion. We think this trend will continue in 2022 and it supports our global mega-cycle outlook.
- We flag pertinent energy, chemical, and other corporate updates (e.g., DuPont, Celanese, AdvanSix, Orion Engineered Materials, Deere, & others).
- We discuss relevant ESG items, ranging from the Singapore carbon tax rate outlook to the sustainability ambitions at Deere. We flag our recent ESG research examining new energy transition valuations and inflation in LINK.
- We discuss numerous other pertinent chemical sector items in this report.
See PDF below for all charts, tables and diagrams