Daily Chemical Reactions

Wild, Wild West – Western Commodity Premiums Stay Elevated, US Producers Reap Margin Benefits
February 23, 2022
Commodities Mentioned:
Plastics (PVC, PP, PE, PU, PC, PET, etc.), Clean Energy Minerals, Carbon Dioxide, Hydrogen, Natural Gas/NGLs, Crude/Naphtha
Companies Mentioned:
Westlake, Huntsman, Dow, Nova Chemicals, LyondellBasell, Marathon Oil, Diamondback Energy, Plains All American, KBR, Messer, MP Materials, Williams, AGC, Asahi Kasei, BCI Minerals, Bostik, Braskem, Chemtrade, Element Solutions, Elkem, Hexion, IFF, India Glycols, Koppers, Kurita, LG Energy, Venator, Solvay, Aramco, Umicore, Stepan, Thyssenkrupp, Southern Petrochemical, Polyplex, Rio Tinto, Sasol, Lowe’s, Home Depot, Maersk

Daily Chemical Reaction

Wild, Wild West – Western Commodity Premiums Stay Elevated, US Producers Reap Margin Benefits

Key Points:

  • Global market indicators remain favorable for US commodity chemical producers relative to peers in Asia. Though factors are likely to shift by 2H22, a stronger-for-longer US producer profit setting is in motion for the year.
  • We highlight pertinent energy, chemical, and other corporate updates (e.g., Westlake, Element Solutions, KBR, Sasol, Solvay, Koppers, AGC, & others).
  • We discuss relevant ESG items, ranging from EU CO2 values rebounding toward historic highs to Westlake’s sustainability targets and CO2 intensity reduction goals. We also highlight our latest ESG weekly research in LINK.
  • We discuss numerous other pertinent chemical sector items in this report.

See PDF below for all charts, tables and diagrams

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