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Off The2Q26 Call-20260713
摩根士丹利· 2026-07-13 22:05
July 13, 2026 01:09 PM GMT Advanced Petrochemicals | Europe Off The 2Q26 Call Bottom-line: slightly positive. Management was constructive on the Q3 production / sales recovery and the shift toward premium co-polymers, but Q&A focused on whether logistics capacity and end-demand can absorb higher output. Plants can run at nameplate capacity and Q3 spreads should be stable q/q, but sell-through may be limited to 80–90% and trucking shortages could push freight costs above guidance. # Q2 Performance. Propane p ...