Russia's invasion of Ukraine put further stress on already overburdened supply chains.

The chemical sector has had a difficult year as a result of the Russian invasion of Ukraine, with rising energy and raw material costs, further bottlenecks in supply networks already pressured by the pandemic, economic uncertainty, and political instability. The gravity of these difficulties was made obvious when earnings reports trickled in this October.

For instance, Dow suffered a 61% drop in profits during the third quarter of th....