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Chemical Industry Expected to Face Turbulent 2025 Amid Increased Demand and Trump Administration Risks.
ByAinvest
Wednesday, Jan 15, 2025 10:49 am ET1min read
Bank of America analyst Steve Byrne forecasts a turbulent 2025 for the chemical industry, citing increased demand, cost inflation, and President-elect Donald Trump's PFAS policies. Byrne upgraded Celanese and Olin, downgraded Archer-Daniels-Midland, Element Solutions, and FMC, and maintained a Neutral rating for Eastman Chemical. The analyst expects demand growth but notes potential headwinds from tariffs, a strong USD, and higher interest rates.
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