US chemical shares fell on Tuesday with the
general stock market, after a string of
rallies. Mergers and acquisitions among US
chemical companies are likely to pick up in H2
2020, investment bankers said during an ICIS
webinar.
Analysis of the ethylene margin cycle suggests
challenging conditions for producers in 2020,
as new capacity and poor demand forces the
cancellation of new projects and global
rationalisation of assets.
Limited new investment in export-oriented
chemicals capacity is expected through to 2022
as a result of margin pressure from new supply
coming onstream over the last few years add
economic uncertainty after the pandemic, the
Norwegian chemicals logistics and transport
major Odfjell said on Tuesday.
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LATEST HEADLINES
ICIS WEBINAR:
Players gear up for chemical M&A resurgence
in H2 2020 bankers By Joseph Chang
2020/06/09 NEW YORK (ICIS)–Chemical mergers
and acquisitions (M&A) activity is poised
to pick up in the second half of 2020 as
lockdowns ease, and buyers and sellers prepare
to get a start on making deals once again,
investment bankers said on an ICIS Webinar on
Tuesday.
US chem shares
fall as general market takes break from
rally
By Al Greenwood 2020/06/09 HOUSTON (ICIS)–Most
US-listed shares of the chemical companies
…
Read More: TOPIC PAGE: Coronavirus, oil price crash – impact on
chemicals