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List of largest chemical producers

From Wikipedia, the free encyclopedia

TheFriedrich-Engelhorn-Hochhaus, headquarters of BASF from 1957 to 2013

Chemical & Engineering News publishes an annuallist of the world's largest chemical producers by sales, excluding formulated products such aspharmaceutical drugs andcoatings.[1] In 2018, sales of the top fifty companies amounted toUS$951,000,000,000, an increase of 11.8% compared to the top fifty producers of 2017.[2] TheAmerican Chemistry Council estimated that global chemical sales in 2014 rose by 3.7% toUS$5,389,000,000,000.[3]

In 2018, Forty-eight of the companies on the list disclosed chemical profits, which totaledUS$110,100,000,000, an increase of 1.3% from 2017. The averageprofit margin for chemical operations for these companies was 9.6%.[1]

Top fifty producers by sales (2021)

[edit]
Rank[4]CompanyChemical sales in 2021
(USD millions)[A]		Change from 2020
(percent)		Headquarters
1BASF92,982Increase32.9% Germany,Ludwigshafen am Rhein
2Sinopec65,848Increase31.9% China,Beijing
3Dow54,968Increase42.6% United States,Midland,Michigan
4SABIC43,230Increase50.1% Saudi Arabia,Riyadh
5Formosa Plastics43,173Increase47.8% Taiwan,Taipei
6Ineos39,937Increase121% United Kingdom,London
7Petrochina39,693Increase41.7% China,Beijing
8LyondellBasell Industries38,995Increase66.6% United States,Houston, Texas
9LG Chem37,257Increase41.8% South Korea,Seoul
10ExxonMobil36,858Increase59.6% United States,Spring,Texas
11Mitsubishi Chemical Group30,719Increase24.8% Japan,Tokyo
12Hengli Petrochemical27,961Increase31.9% China,Suzhou
13Linde27,926Increase14.5% Ireland,Dublin
14Air Liquide27,148Increase13.4% France,Paris
15Syngenta24,900Increase20.9% Switzerland,Basel
16Reliance Industries22,583Increase65.6% India,Mumbai
17Wanhua22,561Increase98.2% China,Yantai
18Braskem19,575Increase80.4% Brazil,São Paulo
19Sumitomo Chemical19,176Increase24.7% Japan,Tokyo andOsaka
20Shin-Etsu Chemical18,885Increase38.6% Japan,Tokyo
21Covestro18,813Increase48.5% Germany,Leverkusen
22Toray Industries17,856Increase20.9% Japan,Tokyo
23Evonik Industries17,692Increase22.6% Germany,Essen
24Shell16,993Increase45.0% United Kingdom,London
25DuPont16,653Decrease18.4% United States,Wilmington,Delaware
26Yara16,617Increase43.4% Norway,Oslo
27Rongsheng Petrochemical16,001Increase59.6% China,Hangzhou
28Lotte Chemical15,827Increase48.2% South Korea,Seoul
29Mitsui Chemicals14,681Increase33.1% Japan,Tokyo
30Indorama Ventures14,626Increase41.2% Thailand,Bangkok
31Chevron Phillips Chemical14,104Increase67.1% United States,The Woodlands,Texas
32Umicore13,567Increase34.4% Belgium,Brussels
33Solvay13,527Increase17.7% Belgium,Brussels
34Bayer12,743Increase9.7% Germany,Leverkusen
35Mosaic12,357Increase42.3% United States,Plymouth,Minnesota
36Nutrien11,590Increase62.0% Canada,Saskatoon
37Arkema11,261Increase20.7% France,Colombes
38Asahi Kasei10,908Increase20.9% Japan,Tokyo
39DSM10,888Increase13.5% Netherlands,Heerlen
39Hanwha Solutions10,888Increase22.8% South Korea,Seoul
41Eastman Chemical10,476Increase23.6% United States,Kingsport,Tennessee
42Johnson Matthey10,412Decrease2.48% United Kingdom,London
43Air Products10,323Increase16.6% United States,Allentown,Pennsylvania
44Eurochem14,269Increase22.6% Switzerland,Zug
45Borealis10,164Increase26.0% Austria,Vienna
46PTT Global Chemical16,521Increase51.7% Thailand,Bangkok
47Sasol9,011Increase10.8% South Africa,Johannesburg
48Tongkun Group8,996Increase28.5% China,Tongxiang
49Lanxess8,940Increase23.8% Germany,Cologne
50Hengyi Petrochemical8,858Increase66.8% China,Hangzhou

Top fifty producers by sales (2018)

[edit]
RankCompanyChemical sales in 2018
(USD millions)[A]		Change from 2017
(percent)		Headquarters
1DowDuPont85,97737.6United StatesMidland, Michigan, US
2BASF74,0662.4GermanyLudwigshafen,Germany
3Sinopec69,21022.4ChinaBeijing,China
4Sabic42,12012Saudi ArabiaRiyadh,Saudi Arabia
5Ineos36,9702.1United KingdomLondon, UK
6Formosa Plastics[B]36,89113.8TaiwanTaipei,Taiwan
7ExxonMobil Chemical32,44313.1United StatesIrving, Texas, US
8LyondellBasell Industries30,7838.7United StatesHouston,Texas US/NetherlandsRotterdam,Netherlands
9Mitsubishi Chemical28,7477.1JapanTokyo,Japan
10DuPont25,93537.6United StatesWilmington, Delaware, US
11LG Chem25,6379.7South KoreaSeoul,South Korea
12Reliance Industries25,16737.3IndiaMumbai,India
13PetroChina24,849n/aChina Beijing, China
14Air Liquide24,3222.8FranceParis,France
15Toray Industries18,6518.7Japan Tokyo, Japan
16Evonik Industries17,7554.2GermanyEssen, Germany
17Covestro17,2733.4GermanyLeverkusen, Germany
18Bayer[C]16,85949Germany Leverkusen, Germany
19Sumitomo Chemical16,0818.7Japan Tokyo, Japan
20Braskem15,88517.7BrazilSão Paulo,Brazil
21Lotte Chemical15,0514.2South Korea Seoul, South Korea
22Linde plc14,90030.3United StatesGermanyDublin,Ireland
23Shin-Etsu Chemical[C]14,43910.6Japan Tokyo, Japan
24Mitsui Chemicals13,43211.6Japan Tokyo, Japan
25Solvay13,3533.7Belgium Brussels, Belgium
26Yara12,92813.8NorwayOslo,Norway
27Chevron Phillips Chemical11,31024.8United StatesThe Woodlands, Texas, US
28DSM10,9517.4NetherlandsHeerlen, Netherlands
29Indorama10,74721.2IndonesiaJakarta,Indonesia
30Asahi Kasei10,6548.1Japan Tokyo, Japan
31Arkema10,4185.9FranceColombes, France
32Syngenta10,41312.6SwitzerlandBasel,Switzerland
33Eastman Chemical10,1516.3United StatesKingsport, Tennessee, US
34Borealis9,85210.2AustriaVienna,Austria
35SK Innovation9,71914.4South Korea Seoul, South Korea
36Mosaic9,58729.4United StatesTampa, Florida, US
37Huntsman9,37912.2United States The Woodlands, Texas, US
38Wanhua Chemical9,17214.1ChinaYantai, China
39PTT Global Chemical8,96915.7ThailandBangkok,Thailand
40Ecolab[C]8,96411United StatesSaint Paul, Minnesota, US
41Air Products & Chemicals8,9309.1United StatesAllentown, Pennsylvania, US
42Westlake Chemical8,6357.4United States Houston, US
43Lanxess8,505-25.5Germany Cologne, Germany
44Nutrien8,13075.9CanadaSaskatoon,Canada
45Umicore[C]8,11327.1Belgium Brussels, Belgium
46Sasol8,1104.2South AfricaSandton,South Africa
47Tosoh7,8034.7Japan Tokyo, Japan
48Johnson Matthey[C]7,57916.1United Kingdom London, UK
49DIC7,2962Japan Tokyo, Japan
50Hanwha Chemical[D]7,2733.3South Korea Seoul, South Korea
51Celanese7,15516.5United StatesIrving, Texas, US
A.^ Some figures converted at 2018 average exchange rates ofUS$1.00 =R$3.6513 Brazilian,CN¥ 6.609,€0.8462,₹67.16,¥110.1,₩1,099.29,ر.س 3.75,R 13.2255,CHF 0.9784,NT$30.129, and฿32.303.[1]
B.^ Estimate byChemical and Engineering News.[1]
C.^ Sales include a significant amount of non-chemical products.[1]
D.^ Chemical sales less administrative expenses and cost of sales.[1]

Largest companies since 1988

[edit]

SinceChemical & Engineering News began keeping records in 1989, BASF has been the world's largest chemical producer by annual sales more frequently than any other company. The other companies that have headed the list are Dow Chemical, DowDuPont (which broke up into Dow, a new DuPont, and Corteva Agriscience in 2019),Hoechst (which merged withRhône-Poulenc in 1999 and is now a subsidiary ofSanofi),ICI (acquired by AkzoNobel in 2008) and Bayer.

YearCompanyChemical sales
(USD millions)[A]		Ref.
1988Bayer22,694[5]
1989BASF17,122[6]
1990BASF18,520[7]
1991ICI18,127[8]
1992BASF22,883[9]
1993Hoechst16,682[10]
1994Hoechst19,702[11]
1995BASF22,030[12]
1996BASF26,519[13]
1997BASF27,047[14]
1998BASF27,740[15]
1999BASF31,250[16]
2000BASF30,791[17]
2001Dow Chemical27,805[18]
2002Dow Chemical27,609[19]
2003Dow Chemical32,632[20]
2004Dow Chemical40,161[21]
2005Dow Chemical46,307[22]
2006BASF49,516[23]
2007BASF65,037[24]
2008BASF70,485[25]
2009BASF54,817[26]
2010BASF70,391[27]
2011BASF85,603[28]
2012BASF79,760[29]
2013BASF78,615[30]
2014BASF78,698[31]
2015BASF63,749[32]
2016BASF60,653[33]
2017BASF69,195[2]
2018DowDuPont85,977[1]
2019BASF66,400[34]
2020BASF67,500[35]
2021BASF92,982[4]
A.^ Foreign currencies converted to USD using average exchange rates of that year.

References

[edit]
  1. ^abcdefgTullo, Alexander H. (30 July 2019)."C&EN's Global Top 50 chemical companies of 2018".Chemical & Engineering News.American Chemical Society. Retrieved30 September 2019.
  2. ^abTullo, Alexander H. (30 July 2018)."C&EN's Global Top 50 chemical companies of 2017".Chemical & Engineering News.American Chemical Society. Retrieved8 October 2018.
  3. ^Davis, Nigel (7 September 2015). "ICIS Top 100 Chemical Companies".ICIS Chemical Business.Reed Business Information.
  4. ^abTullo, Alexander H. (July 24, 2022)."C&EN's Global Top 50 chemical firms for 2022".Chemical & Engineering News.American Chemical Society. RetrievedMarch 7, 2023.
  5. ^Aftalion, Fred (1991).History of the international chemical industry. Philadelphia:University of Pennsylvania Press. p. 375.ISBN 978-0-81-228207-8.
  6. ^Layman, Patricia; Storck, William (5 November 1990). "Europe dominates global chemical sales".Chemical & Engineering News. Vol. 68, no. 45. American Chemical Society. p. 20.doi:10.1021/cen-v068n045.p020.
  7. ^Layman, Patricia L. (5 August 1991). "German Firms Continue To Dominate Global Top 50 Chemical Producers".Chemical & Engineering News. American Chemical Society.
  8. ^Layman, Patricia L. (7 September 1992). "Shifts in Rankings, Losses Mark Global Top 50 list".Chemical & Engineering News. American Chemical Society.
  9. ^Layman, Patricia L. (26 July 1993). "Sales Up, Profitability Suffers For Global Top 50 Chemical Makers".Chemical & Engineering News. American Chemical Society.
  10. ^Layman, Patricia L. (25 July 1994). "Global Top 50 Chemical Producers Troubled By Low Prices, Slow Economies".Chemical & Engineering News. American Chemical Society.
  11. ^Layman, Patricia L. (24 July 1995). "Global Top 50 Chemical Producers Show Rise In Profits And Sales".Chemical & Engineering News. American Chemical Society.
  12. ^Layman, Patricia L. (22 July 1996). "Global Top 50 Chemical Producers Shift Rankings During Profitable 1995".Chemical & Engineering News. American Chemical Society.
  13. ^Layman, Patricia L. (21 July 1997). "Slowdown for global top 50".Chemical & Engineering News. American Chemical Society.
  14. ^Layman, Patricia (20 July 1998). "Global top 50 chemical producers".Chemical & Engineering News. American Chemical Society.
  15. ^Layman, Patricia L. (26 July 1999). "BASF still tops global top 50".Chemical & Engineering News. American Chemical Society.
  16. ^Short, Patricia L. (24 July 2000). "Global top 50: BASF retains apex".Chemical & Engineering News. American Chemical Society.
  17. ^Short, Patricia L. (23 July 2001). "Global top 50".Chemical & Engineering News. American Chemical Society.
  18. ^Short, Patricia L. (29 July 2002). "Global top 50".Chemical & Engineering News. American Chemical Society.
  19. ^Short, Patricia L. (28 July 2003). "Global top 50".Chemical & Engineering News. American Chemical Society.
  20. ^Short, Patricia L. (19 July 2004). "Global top 50".Chemical & Engineering News. American Chemical Society.
  21. ^Tullo, Alexander H. (16 May 2005). "Global top 50".Chemical & Engineering News. American Chemical Society.
  22. ^Short, Patricia L. (24 July 2006). "Global top 50".Chemical & Engineering News. American Chemical Society.
  23. ^Short, Patricia L. (6 August 2007). "'Top 50' correction".Chemical & Engineering News. American Chemical Society.
  24. ^Short, Patricia L. (28 July 2008). "Global top 50".Chemical & Engineering News. American Chemical Society.
  25. ^Tullo, Alexander H. (3 August 2009). "Global top 50".Chemical & Engineering News. American Chemical Society.
  26. ^Tullo, Alexander H. (26 July 2010). "Global top 50".Chemical & Engineering News. American Chemical Society.
  27. ^Tullo, Alexander H. (25 July 2011). "Global top 50".Chemical & Engineering News. American Chemical Society.
  28. ^Tullo, Alexander H. (30 July 2012). "Global top 50".Chemical & Engineering News. American Chemical Society.
  29. ^Tullo, Alexander H. (29 July 2013). "Global top 50".Chemical & Engineering News. American Chemical Society.
  30. ^Tullo, Alexander H. (28 July 2014)."C&EN's Global Top 50 Chemical Firms For 2014".Chemical & Engineering News.American Chemical Society. Retrieved22 August 2014.
  31. ^Tullo, Alexander H. (27 July 2015)."Global Top 50".Chemical & Engineering News. Vol. 93, no. 30. p. 16.
  32. ^Tullo, Alexander H. (25 July 2016)."C&EN's Global Top 50".Chemical & Engineering News. Vol. 94, no. 30. p. 35.
  33. ^Tullo, Alexander H. (24 July 2017)."C&EN's Global Top 50 chemical companies of 2016".Chemical & Engineering News. Retrieved9 October 2018.
  34. ^"C&EN's Global Top 50 chemical firms for 2020".cen.acs.org. Retrieved2022-07-14.
  35. ^"C&EN's Global Top 50 chemical firms for 2021".cen.acs.org. Retrieved2022-07-14.
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