Capex programmes are on track but witnessing cost overruns, because of the increase in building material costs, shipping costs etc. Chemical companies are expected to deliver improvement in performance QoQ on pass through of higher costs (without/ with a lag from previous quarters) and steady demand aided by recovery post a milder wave of covid. Petrochemical feedstock (crude oil, naphtha, natural gas) prices are up ~20% QoQ while oleochemical feedstock prices (vegetable oils viz palm, rapeseed, soyabean, sunflower oil etc) are up 10-20% QoQ, largely on Russia-Ukraine...