Simple Man – High European Costs, End-Demand Strength Positive For US Chemical Producer Profit

Daily Chemical Reaction

Simple Man – High European Costs, End-Demand Strength Positive For US Chemical Producer Profit

Key Points:

• European chemical feedstock values have risen meaningfully since mid-2021, ahead of the recent jolt from the Russia/Ukraine conflict. We view this setting and demand trends as positive for US commodity producer profit.
• We flag pertinent energy, chemical, and other corporate updates (e.g., BASF, Gevo, Origin Materials, Adeka, Methanex, ExxonMobil, & others).
• We discuss relevant ESG items, ranging from the late-week decline in EU carbon values to several global sustainability market trends. We flag our ESG research Will Russia’s Actions Send ESG and Energy Transition to Siberia?.
• We discuss numerous other pertinent chemical sector items in this report.

See PDF below for all charts, tables and diagrams