Daily Chemical Reactions

Two Tribes, Again? – Ukraine Invasion Spurs Commodity Prices, Negative For Specialty Cost Relief
February 24, 2022
Commodities Mentioned:
Plastics (PVC, PP, PE, PU, PC, PET, etc.), Clean Energy Minerals, Carbon Dioxide, Hydrogen, Natural Gas/NGLs, Crude/Naphtha
Companies Mentioned:
Orbia, Westlake, OxyChem, Shintech, Formosa Plastics, Olin, Arkema, Denbury, Chart Industries, Ingevity, Petronas Chemicals, Chevron, Repsol, Dow, Evonik, Air Water, Mitsui, Borealis, Borouge, Adnoc, Lotte Chemical, K+S, LSB Industries, Rayonier Adv. Materials, Flowserve, BASF, Braskem, Carbios, Covestro, CVR, Quva, Univation, Lanxess, Standard Lithium, HollyFrontier, Styrolution, SK Energy, Stellantis, PPG, Sherwin-Williams, AkzoNobel

Daily Chemical Reaction

Two Tribes, Again? – Ukraine Invasion Spurs Commodity Prices, Negative For Specialty Cost Relief

Key Points:

  • The Russia/Ukraine conflict is giving energy prices a boost, steepening the global chemical production cost curve in favor of US producers. This trend is negative for specialty chemical producers expecting cost relief near-term.
  • We highlight pertinent energy, chemical, and other corporate updates (e.g., Arkema, Orbia, Denbury, Chart Industries, Ingevity, Petronas, & others).
  • We discuss relevant ESG items that range from displaying the hydrogen market view from Chart Industries to flagging Denbury 4Q21 CCUS results and outlook. 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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