Daily Chemical Reaction
Against The Wind – China Chemical Producers Face Oversupply, Margin Pressure; A Quick Fix Is Unlikely
- During the next three years, petrochemical capacity additions expected to start up in China will exceed those in Western markets. High feedstock costs and global logistic challenges may delay some additions, shutter old capacity.
- We flag pertinent energy, chemical, and other corporate updates (e.g., BP, Aramco, Piedmont, BASF, Dow, Borealis, Clariant, Sinopec, OQ, others).
- We discuss relevant ESG items that range a view on nuclear energy use to produce hydrogen to several sector GHG emission reduction target updates.
- We discuss numerous other pertinent chemical sector items in this report.
See PDF below for all charts, tables and diagrams