The Weekly Catalyst

Global Chemical Update – Over the Hills and Far Away
November 7, 2022
Companies Mentioned:
Covestro, Huntsman, Dow, BASF, Wanhua, ExxonMobil, Westlake, LyondellBasell, CP Chemical, Formosa Plastics, Enterprise Products, Flint Hills Resources, Nutrien, CF Industries, LSB Industries
Commodities Mentioned:
Report Sections:
Feedstocks & Energy, Global Ethylene Cracker, Spot Profit Analysis, Ethylene & Propylene, Price Trends, Polyethylene Review, Other Relevant Global Polymer Trends, Other Relevant Global Chemical Trends, Global Chemical Data Sheets, Flow Charts & Other Ancillary Data

The Weekly Catalyst

Global Chemical Update – Over the Hills and Far Away

Key Points:

  • Covestro will put its world-scale MDI-polyurethane project on hold and keep its plant location considerations open. However, Europe appears ruled out, and it seems to favor Asia over the US.
  • USGC ethane values increased the most WoW among global ethylene feedstocks. USGC natural gas also increased WoW relative to Brent Crude, reflecting a flatter global chemical production cost curve.
  • US spot polymer-grade propylene increased relative to USGC propane values WoW, a welcomed plus for US PDH unit operators following a notable margin decline during the past six months.
  • Corn, soybean, and canola prices were mostly unchanged at high levels WoW. While global ammonia prices were also generally unchanged, higher natural gas prices pinched producer margins.

Client Login

Learn About Our Subscriptions and Request a Trial

Contact us to gain full access and experience our services!

Request a Free Trial

Archives