Daily Chemical Reaction
Penny Lane – U.S. Ethylene Exports Set Record, High Ex-US Energy Values Will Encourage More
- Global spot chemical profit margins are lower YTD due to higher energy costs, but the cost curve still favors U.S. production and exports. Challenges will likely persist in 2H22 before our mega-cycle outlook gains attention.
- We highlight pertinent energy, chemical, and other corporate updates (e.g., Navigator Gas, Wacker, Lithium Americas, Kolon Ind., Nufarm, & others).
- We discuss relevant ESG items ranging from Talos Energy investor day highlights to the IEA electric vehicle outlook that shows China’s sizable battery material market share. See our latest ESG research in LINK.
- We discuss numerous other pertinent chemical sector items in this report.
See PDF below for all charts, tables and diagrams