Hard to Love – Producers Upgrade Outlooks, Considerable Sector Supply Chain Issues Linger

Daily Chemical Reaction

Hard to Love – Producers Upgrade Outlooks, Considerable Sector Supply Chain Issues Linger

Key Points:

• Multiple chemical producers boost their profit outlook for 2021 overnight, lifting expectations set in January. This report discusses trends working in favor of more 1H21 driven full-year 2021 profit guidance upgrades for some.
• We highlight pertinent chemical sector corporate items (e.g., H.B. Fuller, Celanese, Shanghai Petrochemical, & Satorp updates; Sinopec, Methanex, BASF price hikes; multiple production updates & Capex notices)  
• This report’s other relevant items include updates on Blue Methanol & CCS developments and an assortment of other ESG geared headlines, news on relevant global consumer trends, and views of production rates.

See PDF below for all charts, tables and diagrams