据ICIS网站1月28日消息 美国陶氏化学预计聚乙烯（PE）和聚氨酯（PU）将继续保持增长势头，推动第一季度和2021年盈利进一步增长。此前第四季度表现强劲，超过华尔街普遍预期。
陶氏化学首席执行官Jim Fitterling在该公司第四季度财报电话会议上表示：“进入第一季度，需求仍保持良好态势，库存水平仍较低，开工率良好。在美国墨西哥湾沿岸，第四季度我们的开工率在90%左右。因此，我们将看到……聚乙烯业务的利润率很高。”
他指出，美国第四季度的聚乙烯的利润约为7美分/磅，欧洲为13美分/磅，亚洲为10美分/磅。
陶氏认为，包装和特种塑料（P&SP）行业继续推动销售增长，预计2021年第一季度的收入将比2020年第四季度连续增长2-5%，聚乙烯定价受到供应紧张的支撑。
王磊 摘译自 ICIS
原文如下：
Dow sees momentum in PE, PU driving earnings gains in Q1, 2021
US-based Dow expects continued momentum in polyethylene (PE) and polyurethanes (PU) driving further earnings growth in Q1 and 2021 following a strong Q4 that soundly beat Wall Street consensus estimates.
“Demand still continues to look good into the first quarter, inventory levels are still low [and] operating rates are good. In the US Gulf Coast, our operating rates were in the mid-90s% in the fourth quarter. So we’re going to see… good margins in the PE business,” said Jim Fitterling, CEO of Dow, PE margins in Q4 were up about 7 cents/lb in the US, 13 cents/lb in Europe and 10 cents/lb in Asia, he noted.
Dow sees the Packaging & Specialty Plastics (P&SP) segment continuing to drive sales growth with Q1 2021 revenues expected to be up 2-5% on a sequential basis versus Q4 2020 with PE pricing strength supported by tight supply.
