Companies Mentioned: AkzoNobel, Sherwin-Williams, PPG, Avient, Celanese, DuPont, Methanex, Borealis, Reliance, Sibur, Umicore, Interzero, Eastman, Chevron, BP, Petrobras, TotalEnergies, Element Materials, Berry Global, Aquaterra Energy, Arkema, Rio Tinto, Selenis, Westlake, Olin, Shin-Etsu, Occidental, Formosa Plastics, Hess, Nabors Industries, Halliburton, Schlumberger, Shell, Toray, Yokogawa, GreenFirst, DAK Industries Daily Chemical Reaction Key Points: AkzoNobel provides a business update stressing fundamental headwinds in 3Q22 will likely persist in 4Q, and European currencies have devalued relative to the US Dollar.US energy exports remain in considerable demand abroad – we flag trends in LNG and petroleum product markets that favor higher US prices amid strong global demand.We are more concerned with global chemical demand than supply availability in 2H22, noting takeaways from the ACC, Avient, AkzoNobel, and Chlor-vinyl trends in China.We discuss hydrogen hub developments and government initiatives to ensure their success, highlight generally weak recycled polymer markets, and SAF market news.US mortgage rates have surged towards 7%, China freight rates to the US continue to collapse, and the US Dollar reflects a ~20year high relative to major foreign currencies. See PDF below for all charts, tables and diagrams Contact us to subscribe to our services and gain access to full content. Lost your password? More