Global Chemical Update – Atmosphere Shift

The Weekly Catalyst

Global Chemical Update – Atmosphere Shift

Key Points:

• C-MACC co-founder, Cooley May, will attend the World Petrochemical Conference this week, where global production shifts, circularity, & GHG emissions will be more in focus than gross capacity growth.
• The recent CERA conference focused more on clean energy and energy producers extending product chains into chemicals as fossil fuel demand declines – a growth development that WPC will also target.
• US ethylene producers are profitable across all primary feedstocks, with propane cost advantaged to ethane WoW. Asia and European ethylene production margins have improved but remain negative.