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Time：2months ago
Source：Global Chemical
Recently, the US "Chemical and Engineering News" (Chemical & Engineering News,C & EN) released" 2024 the world's 50 largest chemical companies"ranking (C & EN'sGlobal Top 50 chemical firms for 2024), which is based on the relevant companies' fiscal year 2023 chemical Sales rank. The top 50 companies had $1036 billion billion in total chemical sales in fiscal year 2023, down 10.7 percent from fiscal year 2022. Profits at the 38 largest chemical companies reporting data fell 44.1 percent to $54.4 billion billion from the previous year. The top three on this year's list are still BASF, Sinopec and Dow. China's petrochemical producers rose, with Rongsheng Petrochemical, Hengli Petrochemical and Wanhua Chemical Group rising in the rankings, with Oriental Shenghong and Xinfengming Group on the list for the first time. DSM and Fenmeini are ranked 36th after the merger, and Celanese is on the list because of the acquisition of DuPont's engineering polymers business. Solvay fell off the list because it was split into two companies. Among the top 50 companies, there are 10 headquartered in China (including Taiwan), including: sinopec (2), PetroChina (5), Formosa Plastics (9), Rongsheng Petrochemical (14), Wanhua Chemical (16), Hengli Petrochemical (18), Oriental Shenghong (22), Tongkun Holdings (37), Hengyi Petrochemical (40), Xinfengming Group (48). Syngenta Group, a subsidiary of Sinochem in China and headquartered in Switzerland, ranked 13th.
Ranked in the field where the company's headquarters is located, chemical sales in fiscal year 2023/increase or decrease from 2022/percentage of total sales1, BASF (BASF) Germany diversified $74.529 billion/-22.1/100.02. Sinopec (Sinopec) Sinopec 58.097 billion USD/-8.6/12.8%3. Dow (Dow) US Diversified $44.622 billion/-21.6/100.04. LG Chem (LG Chem) South Korea Diversified $42.28 billion/+6.5%/100.0%5. PetroChina (PetroChina) Sinopec 40.88 billion USD/+3.4%/9.6%6. ExxonMobil (ExxonMobil Chemical) US Petrochemical 40.672 billion USD/-14.4%/12.2%7. Saudi Basic Industry (Sabic) Saudi Petrochemical 37.743 billion USD/-22.7%/100%8. Lian de Basser Industries (LyondellBasell Industries) US Petrochemical 31.928 billion USD/-19.1%/77.7%9. Formosa Plastics (Formosa Plastics) Taiwan Petrochemical 31.126 billion USD/-19.1%/64.5%10, Linde (Linde) UK Industrial Gas $30.697 billion/+0.3%/93.4%11, Ineos (Ineos) UK Diversified $29.563 billion/-30.1/100.012. French Liquid Air (Air Liquide) French Industrial Gas 29.441 billion USD/-7.6%/98.6%13. Syngenta Group (Syngenta Group) Swiss Agrochemical 26.8 billion USD/-6.0%/83.2%14. Rongsheng Petrochemical (Rongsheng Petrochemicale) Sinopec 26.788 billion USD/+5.9%/58.3%15. Mitsubishi Chemical Group (Mitsubishi Chemical Group) Japan Diversified US $26.405 billion/-3.4%/84.6%16. Wanhua Chemical (Wanhua Chemical Group) China Diversified US $24.765 billion/+5.9%/100.0%17. Reliance Industry (Reliance Industries) India Petrochemical 22.799 billion USD/-5.0%/18.8%18. Hengli Petrochemical (Hengli Petrochemical) Sinopec 21.849 billion USD/+14.4%/65.9%19, Shell (Shell) UK Petrochemical $17.342 billion/-17.7/5.520. Shin-Vietnam Chemical Industry (Shin-Etsu Chemical) Japan Diversified US $17.188 billion/-14.0%/100.0%21. Evonik (Industries) German Special Chemicals US $16.514 billion/-17.4/100.0%22. Dongfang Shenghong (Jiangsu Eastern Shenghong) Sinopec 15.733 billion USD/-/79.3%23. Indorama (Indorama Ventures) Thailand Petrochemical 15.713 billion USD/-17.9%/100.0%24. Covestro (Covestro) Germany Diversified $15.551 billion/-20.0/100.0%25. Yara (Yara) Norwegian Fertilizer 15.431 billion USD/-35.4%/100.0%26. Toray (Toray Industries) Japan Diversified $15.312 billion/-1.8/87.3%27, Lotte Chemical (Lotte Chemical) South Korea diversification $15.264 billion/-10.5/100.0%28. Sumitomo Chemical (Sumitomo Chemical) Japan Diversified $14.479 billion/-8.6%/83.1%29. Brazilian National Chemical (Braskem) Brazilian Petrochemical 14.129 billion USD/-26.9%/100.0%30. Mosaic (Mosaic) US Fertilizer 13.696 billion US Dollars/-28.4%/100.0%31. Air Products (Air Products and Chemicals) US Industrial Gas 12.6 billion USD/-0.8%/100.0%32. Mitsui Chemicals (Mitsui Chemicals) Japan Diversified $12.454 billion/-6.9%/100.0%33, DuPont (DuPont) U.S. Diversified $12.068 billion/-7.3/100.034. Bayer (Bayer) German Agrochemical 11.862 billion USD/-23.4%/28.2%35. Chevron Phillips Chemical (Chevron Phillips Chemical) US Petrochemical 11.56 billion USD/-18.5%/100%36. DSM Finmeni (DSM-Firmenich) Swiss/Dutch Special Chemicals US $11.495 billion/-/100%37. Tongkun Holding Group (Tongkun Holding Group) Sinopec 11.32 billion USD/+ 33%/100%38. Nutrien Canada Fertilizer 11.164 billion USD/-40.8%/38.4%39. Celanese (Celanese) US Diversified $10.94 billion/+13.1%/100%40. Hengyi Petrochemical (Hengyi Petrochemical) Petrochemical 10.858 billion USD/+20.0%/56.5%41. Umeko (Umicore) Belgium Special Chemicals US $10.297 billion/-24.0/52.1%42, Arkema (Arkema) French specialty chemicals $10.291 billion/-17.6/100.043. Yabao (Albemarle) US Special Chemicals US $9.617 billion/+31.4%/100%44. Eastman Chemical (Eastman Chemical) US Diversified $9.21 billion/-12.9%/100.0%45. Resonac Holdings (formerly Showa Electric) Japan Diversified 9.173 billion USD/-7.5%/100.0%46, Asahi Kasei (Asahi Kasei) Japan Special Chemical 8.98 billion USD/-4.2/45.347, Hanwha Silussin (Hanwha Solutions) South Korea Diversified $8.964 billion/+2.1%/88.1%48, Xinfengming Group (Xinfengming Group) Sinopec 8.681 billion USD/+ 21%/100%49, Sasol (Sasol) South Africa Diversified $8.662 billion/-0.4/55.2%50. SK Innovation (SK Innovation) South Korea Diversification $8.37 billion/-2.9/14.2%* Disclaimer: the content contained in the Internet, WeChat public number and other public channels, we maintain a neutral attitude to the views in the article. This article is for reference only, exchange. The copyright of the reprinted manuscript belongs to the original author and organization. If there is infringement, please contact Huayi Tianxia customer service to delete it.
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