Daily Chemical Reactions

“Twenty Dollar Nose Bleed” – New Highs For Prices, But Likely Not For Demand Or Profit Margins
April 26, 2022
Commodities Mentioned:
Plastics (PVC, PP, PE, PU, PC, PET, etc.), Clean Energy Minerals, Carbon Dioxide, Hydrogen, Natural Gas/NGLs, Crude/Naphtha
Companies Mentioned:
Axalta, Whirlpool, Sherwin-Williams, Valero, Dow, Elementis, Sabic, Sinopec, Sika, Sasol, Saudi Kayan, Linde, Covestro, Maire Tecnimont, Osaka Organic Chemical, Indorama Ventures, Halliburton, Schlumberger, Baker Hughes, Posco Chemical, Woodside, JSR, Bachem, Eneos, Nippon Steel, Vale, Jera, Mitsubishi Heavy Industry, PTTEP, Cleveland-Cliffs, Pertamina, Pentair, Air Products, Albemarle, TC Energy, GreenGasUSA, Masdar, Hexcel, Packaging Corp. of America, Celanese

Daily Chemical Reaction

“Twenty Dollar Nose Bleed” – New Highs For Prices, But Likely Not For Demand Or Profit Margins

Key Points:

  • March-quarter business reports highlight considerable cost inflation and emerging signs of end-market demand moderation. Macro indicators and our other analysis and relevant data points lift our concerns.
  • We highlight pertinent energy, chemical, and other corporate updates (e.g., Sherwin-Williams, Whirlpool, Axalta, Elementis, Valero, Ecolab, others). We also highlight several global supply chain developments worth consideration.
  • We discuss relevant ESG items, ranging from Coca-Cola’s views on cutting plastic waste and its carbon footprint to global new wind capacity growth.
  • We discuss numerous other pertinent chemical sector items in this report.

See PDF below for all charts, tables and diagrams

Contact us to subscribe to our services and gain access to full content.