Daily Chemical Reactions

Energy – US Natural Gas & Ethane Strength Helps Support Chemical Prices, Cuts US Producer Profit
May 3, 2022
Commodities Mentioned:
Plastics (PVC, PP, PE, PU, PC, PET, etc.), Clean Energy Minerals, Carbon Dioxide, Hydrogen, Natural Gas/NGLs, Crude/Naphtha
Companies Mentioned:
Covestro, Westlake, Nutrien, Enterprise Products, Williams, Methanex, DSM, Vestas, NextDecade, Engie, Energy Transfer, Air Liquide, Linde, Air Products, BASF, Siemens Gamesa, Danimer Scientific, Kemira, AGCO, Deere, CNI, bp, Olin, CenterPoint Energy, PG&E, Phillips 66, TechnipFMC, Arxada, Cabot, Chemours, Huntsman, Lotte Chemical, ArcelorMittal, Chevron, Talos, Devon, Hexion, LyondellBasell, SolarEdge, Stellantis, Sealed Air, Cummins, Nikola, Best Buy, SK Capital, Sensient Technologies

Daily Chemical Reaction

Energy – US Natural Gas & Ethane Strength Helps Support Chemical Prices, Cuts US Producer Profit

Key Points:

  • US natural gas and ethane prices reflect strength relative to Brent Crude and Ex-US naphtha in 2Q22, a negative domestic feedstock development for commodity chemical producers that suggests lower profitability near term.
  • We highlight pertinent energy, chemical, and other corporate updates (e.g., Covestro, Westlake, Nutrien, Enterprise Products, Williams, DSM, others).
  • We discuss relevant ESG items that range from Vestas highlighting sizable supply chain snags hurting wind development profitability to producer target updates. See our 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

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