Reflections on 2Q23 Chemical Industry Earnings Reports - Ep 118 episode artwork

EPISODE · Aug 17, 2023 · 18 MIN

Reflections on 2Q23 Chemical Industry Earnings Reports - Ep 118

from The Chemical Show: Where Leaders Talk Business · host Victoria King Meyer

Join industry leaders at The Chemical Summit on September 29-30, 2026 in Houston, Texas.  Visit thechemicalsummit.comWhile most chemical industry companies and business leaders were anticipating improvements by 2H23, it has proved to be a challenging quarter for most companies, leading into a challenging year. In this episode of The Chemical Show, host Victoria Meyer explores why many companies are lowering full-year earnings outlooks and what’s driving current market conditions. Learn more about the following in this episode:Insights from 2Q23 chemical industry earnings reportsWorst period of chemical inventory destocking since 2008-9Effect of sluggish economies in Europe and ChinaInflationary effects - slowing demand for consumer goodsStrategies companies are using to respond to challenging market conditionsJoin Victoria as she digs into the second quarter 2023 earnings reports, analyzing the challenges faced by chemical companies and searching for valuable insights. Victoria shares indicators for improvement on the horizon, the possibilities of a period of flat demand before a significant increase, as well as the expected inventory restocking.Please subscribe to The Chemical Show on your favorite podcast player. And, visit www.thechemicalshow.com to subscribe to our email list and get additional insights.Additional links:2Q23 Earnings Reports:Huntsman StepanEastmanShellBASFLanxessChemoursPhillips 66ExxonMobil

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Reflections on 2Q23 Chemical Industry Earnings Reports - Ep 118

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