Daily Chemical Reaction
Summertime Sadness – Cost Inflation Depresses Most Chemical Product Chain Profits, Keep Tissues Handy
Key Points:
- Chemical product chain profitability mostly turned negative in 1H22 due to higher costs not being fully factored into lagging end-product prices. We highlight a few comparative market bright spots and some troubled areas.
- We highlight pertinent energy, chemical, and other corporate updates (e.g., Orbia, Borouge, BASF, Sinopec, Air Liquide, Lowe’s, Target, & others).
- We discuss relevant ESG items ranging from headwinds facing biofuel use in Germany to Orbia presenting a positive sustainability case for PVC. 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