Daily Chemical Reaction
Light Switch – High Ex-US Energy Values Weigh on Global Chemical Production, Prices Respond
Key Points:
- Asia and NW Europe chemical production cutbacks continue to mount due to high feedstock costs, a plus on average for global chemical values. We add to our prior research on this topic and discuss other relevant sector themes.
- We flag pertinent energy, chemical, and other corporate updates (e.g., BP, Aramco, Sabic, Braskem, Piedmont, Bachem, Ascend, PPG, BASF, others).
- We discuss relevant ESG items that range from Air Liquide’s hydrogen ambitions to rising Capex targeting carbon capture projects through 2025.
- We discuss numerous other pertinent chemical sector items in this report.
See PDF below for all charts, tables and diagrams