Summertime Sadness – Cost Inflation Depresses Most Chemical Product Chain Profits, Keep Tissues Handy

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