Daily Chemical Reaction
Love Lies – Higher Revenue Does Not Mean Higher Returns, ESG Return Uncertainty Limits Investment
Key Points:
- Global chemical feedstock prices are notably higher YTD, pushing prices (and sales) up for most sector participants. We discuss dollar (instead of %) margin trends and why high/uncertain costs mean it is not easy being green.
- We highlight pertinent energy, chemical, and other corporate updates (e.g., ExxonMobil, Sasol, TotalEnergies, Posco, Arlanxeo, YNCC, others).
- We discuss relevant ESG items that range from Sasol operating a site with green external power to WoW support in EU CO2 values. We also highlight our latest ESG weekly and other related research coverage in LINK.
- We discuss numerous other pertinent chemical sector items in this report.
See PDF below for all charts, tables and diagrams