Alan Dyke

Daily Chemical Reaction - July 9: Spin You Around – European Chemicals Find Needed Support from Production Issues & Logistic Challenges Elsewhere | https://hubs.ly/Q02FVc3F0 🔍General Thoughts: US chemical production issues from a likely active Hurricane season following Beryl in its early innings and logistic issues limiting product flows from Asia favor near-term European chemical price support. 🔍#SupplyChain / #Commodities: We highlight the VCI view of the German chemical industry to see an improvement in orders in 2H24; however, structural cost challenges facing Europe’s chemical industry will likely persist. 🔍#Energy / #Upstream: We discuss European LNG import demand expectations through 2030, the likely need for Asian LNG demand to fill out export capacity, and highlight updates from BP and OMV, noting weaker refinery profits. 🔍#Sustainability / #EnergyTransition: We discuss the carbon credit deal between Occidental and Microsoft and more evidence that premature electrification hopes are weighing on battery and other energy transition suppliers. 🔍#Downstream / Other #Chemicals: We discuss the continued strength in global container freight rates, keeping Asia in an oversupplied state, partly evidenced by port congestion in Singapore, and favor higher prices in Europe. Companies: LyondellBasell Dow ExxonMobil Shell Westlake Borealis BASF INEOS OMV bp Freeport LNG PETRONAS aramco POSCO Anglo American Microsoft Oxy Lucid Motors Northvolt SK On BYD A.P. Moller - Maersk Temasek Hengli Group Smurfit Westrock Commodities: #Ethylene, #Polyethylene, #Propylene, #Naturalgas, #CrudeOil, #Coal, #Carbon, #Hydrogen #CMACC #marketanalysis #marketresearch #consulting #chemicalmarket #oilandgas #upstream #downstream

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Daily Chemical Reaction - May 10: Closing Price Gaps, Pressing Cost Advantages – Polymer Producer Relative Advantages Take Center Stage At NPE! | https://lnkd.in/gPxBeeKq 🔍General Thoughts: Global polymer producers rely on their cost position and/or differentiated product solutions to outperform in oversupplied markets - those lacking one or both items face a challenging 2H24/2025. 🔍Supply Chain/Commodities: We discuss our general takeaways from #NPE, the significant North American and Middle East ethylene cost advantage relative to Europe and Asia, and the recent strength in global copper prices. 🔍Energy/Upstream: We compare global average crude oil refinery margins to global average ethylene margins, the integration of energy and chemical value chains, and several drivers of global petrochemical feedstock markets. 🔍Sustainability/Energy Transition: We flag two NuScale Power 1Q24 earnings presentation slides showing surging electricity demand growth, which will likely outpace supply - greater imagination is needed to solve this problem. 🔍Downstream/Other Chemicals: We highlight North American rail traffic trends, where chemicals are among the strongest sectors YTD, the uptick WoW in global freight rates, and several other relevant downstream indicators. Companies: Trinseo, AmSty, Braskem, Monsanto Company, Sterling Specialty Chemicals, LyondellBasell, LOTTE chemical, Oxy, Shell, NOVA Chemicals, ExxonMobil, Dow, Westlake, NuScale Power, Bloom Energy, X-energy, Hysata, Lucid Motors, Tesla, Rivian, Fisker Commodities: #Polyethylene, #Styrene, #Propylene, #PVC, #Ethylene, #Copper, #LNG, #CrudeOil, #FossilFuels, #Renewable #Power, #NaturalGas, #Hydrogen, #CO2, #Fuels, #Nuclear, #Hydrocarbons, #Coal, #Grain, #Minerals #CMACC #NPE24

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Exciting News from Richfield Trading! We're thrilled to announce that Richfield Trading has achieved a remarkable milestone in the first quarter of 2024, surpassing the trading volume of PET (Polyethylene Terephthalate) compared to the entirety of 2023! PET, a versatile polymer commonly used in food & beverages, packaging, and personal care products, plays a crucial role in today's consumer goods industry. This exceptional achievement in one of our product range groups underscores the tremendous progress the company is making month by month. With several contracts in the final stages of negotiation, we anticipate realizing a growth of more than 300% in 2024. As a market leader in commodity plastics, Richfield Trading continues to innovate and excel in the dynamic world of international trade. Our unwavering commitment to excellence, combined with our extensive network and profound understanding of global markets, empowers us to consistently deliver outstanding results for our clients. We're immensely proud of this milestone accomplishment and eagerly anticipate continuing to serve our clients with the highest level of expertise and dedication. A heartfelt thanks to our incredible team and valued partners for their invaluable contributions in making this achievement possible! We are gearing up and excited to achieve the next milestone. Are you ready? www.richfieldtrading.com #RichfieldTrading#PET#InternationalTrade #MilestoneAchievement #MarketLeader

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Understanding emerging markets in #materialsandchemicals is crucial for businesses to capitalize on growth opportunities. From waterproofing products to #biosurfactants, strategic research enables companies to align with industry trends, regulatory requirements, and consumer demands, driving innovation and sustainable growth. #AMR #EmergingMarkets #MaterialsAndChemicals #MarketResearch #BusinessStrategy #GrowthOpportunities #Innovation #Sustainability #RegulatoryCompliance #ConsumerDemands #IndustryTrends https://lnkd.in/dvjejbRr

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ADI Chemical Market Resources publishes a monthly newsletter, not only noting what we're working on, but also what's going on in the industry. The latest issue is full of news highlights from the chemicals industry, including the following: 🔬 US DOE announces $6 billion to fund industrial decarbonization 🔬 Idemitsu Kosan Co.,Ltd. and Mitsui & Co., Ltd. to consolidate Chiba ethylene complexes in Japan 🔬 INEOS aquire TotalEnergies' petrochemical assets in France 🔬 LG Chem to close styrene monomer unit in South Korea 🔬 NOVA Chemicals targets recycling 100% plastic stretch films at Indiana plant 🔬 Aliplast S.p.A. selects NextChem as an engineering and technology partner To read more, look here >> https://lnkd.in/gjPdHJPq #Chemicals #Plastics #Polymers #Newsletter

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