No Line On The Horizon – Optimistic Demand Views & Supply Chain Issues Stand Out With 2Q Reports

Daily Chemical Reaction

No Line On The Horizon – Optimistic Demand Views & Supply Chain Issues Stand Out With 2Q Reports

Key Points:

• Commodity chemical producer 2Q result comments are broadly optimistic, while downstream/specialty producers flag cost inflation and input sourcing issues. We discuss the Dow 2Q business update and multiple sector reports.   
• We highlight pertinent chemical sector corporate updates (e.g., Dow, Alpek, Givaudan, Sika, BASF, Kureha, Evonik, & other business news).  
• Sector end-demand indicators remain broadly strong, but we flag several logistic items and other indicators showing varied sub-sector momentum.
• We flag several ESG items worth mention, ranging from IEA research on empowering cities toward net-zero to views of electrifying the airline industry.   
• Along with publishing our latest ESG weekly, we highlight our multi-client initiative on carbon abatement in conjunction with the Power Research Group.
• We note numerous other relevant chemical sector items in this report.

See PDF below for all charts, tables and diagrams