Chemical
Content
http://argentinatradenet.gov.ar/Chemical & Engineering News publishes an annual
list of the world's largest chemical producers by sales, excluding formulated pr
oducts such as pharmaceutical drugs and coatings.[1] In 2014, sales of the top f
ifty companies amounted to US$961.3 billion, an decrease of 0.4% compared to the
top fifty producers of 2013.[2] The American Chemistry Council estimated that g
lobal chemical sales in 2014 rose by 3.7% to US$5.389 trillion.[3]
BASF was the world's largest chemical producer for the ninth year in a row.[2] M
ore than half of the companies on the list were headquartered in the United Stat
es (twelve), Japan (eight) or Germany (six); eighteen countries in total were re
presented.
Forty-four of the companies on the list disclosed chemical profits, which totale
d US$82.7 billion, an increase of 3.8% from 2013. The average profit margin for
these companies was 9.6%.[2]
The top fifty producers in 2014 by sales[edit]
Rank
Company Chemical sales in 2014
USD millions[A] Change from 2013
Headquarters
1
BASF
78,698 0.0%
Germany Ludwigshafen, Germany
2
Dow Chemical
58,167 1.9
United States Midland, USA
3
Sinopec 57,953 ?4.6
China Beijing, China
4
SABIC 43,341 ?0.6
Saudi Arabia Riyadh, Saudi Arabia
5
ExxonMobil
38,178 ?2.2
United States Irving, USA
6
Formosa Plastics
37,059[C]
?2.2
Taiwan Taipei, Taiwan
7
LyondellBasell 34,839 4.3
United States Houston, USA
8
DuPont 29,945[B]
?3.5
United States Wilmington, USA
9
Ineos 29,652 10.2
Switzerland Rolle, Switzerland
10
Bayer 28,120 5.4
Germany Leverkusen, Germany
11
Mitsubishi Chemical
26,342 6.9
Japan Tokyo, Japan
12
Royal Dutch Shell
24,607[B]
?41.8 Netherlands The Hague, N
etherlands
13
LG Chem 21,456 ?2.4
South Korea Seoul, South Korea
14
Braskem 19,578 12.4
Brazil Sao Paulo, Brazil
15
Air Liquide
19,210 0.2
France Paris, France
16
AkzoNobel
19,011 ?2.0
Netherlands Amsterdam, Netherlands
17
The Linde Group 18,593 0.1
Germany Munich, Germany
18
Sumitomo Chemical
17,833 6.6
Japan Tokyo, Japan
19
Mitsui Chemicals
17,201 ?1.5
Japan Tokyo, Japan
20
Evonik Industries
17,177 0.3
Germany Essen, Germany
21
Toray Industries
17,006 10.6
Japan Tokyo, Japan
22
Reliance Industries
15,870 ?6.9
India Mumbai, India
23
Yara International
15,141 12.1
Norway Oslo, Norway
24
PPG Industries 14,250 8.0
United States Pittsburgh, USA
25
Solvay 14,134 2.5
Belgium Brussels, Belgium
26
Lotte Chemical 14,121 ?9.6
South Korea Seoul, South Korea
27
Chevron Phillips Chemical
13,416 2.0
United States The Woodla
nds, USA
28
DSM
12,344 ?3.5
Netherlands Heerlen, Netherlands
29
Praxair 12,273 2.9
United States Danbury, USA
30
SK Innovation 12,011 1.7
South Korea Seoul, South Korea
31
Shin-Etsu Chemical
11,874[B]
7.7
Japan Tokyo, Japan
32
Huntsman
11,578 4.5
United States The Woodlands, USA
33
Syngenta
11,286 4.6
Switzerland Basel, Switzerland
34
Borealis
11,076 2.7
Austria Vienna, Austria
35
Lanxess 10,646 ?3.5
Germany Cologne, Germany
36
Asahi Kasei
10,628 2.8
Japan Tokyo, Japan
37
Sasol 10,299 20.9
South Africa Johannesburg, South Africa
38
Air Products & Chemicals
9,989 2.7
United States Allentown,
USA
39
Eastman Chemical
9,527 1.9
United States Kingsport, USA
40
PTT Global Chemical
9,522 1.1
Thailand Bangkok, Thailand
41
Mosaic 9,056 ?9.2
United States Plymouth, USA
42
DIC
8,218 17.0
Japan Tokyo, Japan
43
Arkema 7,915 ?2.4
France Colombes, France
44
Tosoh 7,657[B]
4.8
Japan Tokyo, Japan
45
Hanwha Chemical 7,655 2.4
South Korea Seoul, South Korea
46
Siam Cement
7,617 18.2
Thailand Bangkok, Thailand
47
Indorama Ventures
7,514 6.5
Thailand Bangkok, Thailand
48
BP
7,284 ?15.6 United Kingdom London, United Kingdom
49
Ecolab 7,215[B]
11.4
United States St. Paul, United States
50
Johnson Matthey 7,203[B]
11.7
United Kingdom London, United Ki
ngdom
A.^ Some figures converted at 2014 average exchange rates of US$1.00 = R$2.3512,
GB 0.6066, CN\6.16, ?0.752, ?61.00, \105.74, ?1,052.29 , kr 6.2969, SAR 3.75, CHF0
.9147, NT$30.229, and ?32.461.[2]
B.^ Sales include a significant amount of non-chemical products.[2]
C.^ Estimate by Chemical and Engineering News.[2]
The largest companies before 2014[edit]
Since Chemical & Engineering News began keeping records in 1989, BASF has been t
he world's largest chemical producer by annual sales more frequently than any ot
her company. The other companies that have headed the list are Dow Chemical, Hoe
chst (which merged with Rhone-Poulenc in 1999 and is now a subsidiary of Sanofi)
, ICI (acquired by AkzoNobel in 2008) and Bayer.
list of the world's largest chemical producers by sales, excluding formulated pr
oducts such as pharmaceutical drugs and coatings.[1] In 2014, sales of the top f
ifty companies amounted to US$961.3 billion, an decrease of 0.4% compared to the
top fifty producers of 2013.[2] The American Chemistry Council estimated that g
lobal chemical sales in 2014 rose by 3.7% to US$5.389 trillion.[3]
BASF was the world's largest chemical producer for the ninth year in a row.[2] M
ore than half of the companies on the list were headquartered in the United Stat
es (twelve), Japan (eight) or Germany (six); eighteen countries in total were re
presented.
Forty-four of the companies on the list disclosed chemical profits, which totale
d US$82.7 billion, an increase of 3.8% from 2013. The average profit margin for
these companies was 9.6%.[2]
The top fifty producers in 2014 by sales[edit]
Rank
Company Chemical sales in 2014
USD millions[A] Change from 2013
Headquarters
1
BASF
78,698 0.0%
Germany Ludwigshafen, Germany
2
Dow Chemical
58,167 1.9
United States Midland, USA
3
Sinopec 57,953 ?4.6
China Beijing, China
4
SABIC 43,341 ?0.6
Saudi Arabia Riyadh, Saudi Arabia
5
ExxonMobil
38,178 ?2.2
United States Irving, USA
6
Formosa Plastics
37,059[C]
?2.2
Taiwan Taipei, Taiwan
7
LyondellBasell 34,839 4.3
United States Houston, USA
8
DuPont 29,945[B]
?3.5
United States Wilmington, USA
9
Ineos 29,652 10.2
Switzerland Rolle, Switzerland
10
Bayer 28,120 5.4
Germany Leverkusen, Germany
11
Mitsubishi Chemical
26,342 6.9
Japan Tokyo, Japan
12
Royal Dutch Shell
24,607[B]
?41.8 Netherlands The Hague, N
etherlands
13
LG Chem 21,456 ?2.4
South Korea Seoul, South Korea
14
Braskem 19,578 12.4
Brazil Sao Paulo, Brazil
15
Air Liquide
19,210 0.2
France Paris, France
16
AkzoNobel
19,011 ?2.0
Netherlands Amsterdam, Netherlands
17
The Linde Group 18,593 0.1
Germany Munich, Germany
18
Sumitomo Chemical
17,833 6.6
Japan Tokyo, Japan
19
Mitsui Chemicals
17,201 ?1.5
Japan Tokyo, Japan
20
Evonik Industries
17,177 0.3
Germany Essen, Germany
21
Toray Industries
17,006 10.6
Japan Tokyo, Japan
22
Reliance Industries
15,870 ?6.9
India Mumbai, India
23
Yara International
15,141 12.1
Norway Oslo, Norway
24
PPG Industries 14,250 8.0
United States Pittsburgh, USA
25
Solvay 14,134 2.5
Belgium Brussels, Belgium
26
Lotte Chemical 14,121 ?9.6
South Korea Seoul, South Korea
27
Chevron Phillips Chemical
13,416 2.0
United States The Woodla
nds, USA
28
DSM
12,344 ?3.5
Netherlands Heerlen, Netherlands
29
Praxair 12,273 2.9
United States Danbury, USA
30
SK Innovation 12,011 1.7
South Korea Seoul, South Korea
31
Shin-Etsu Chemical
11,874[B]
7.7
Japan Tokyo, Japan
32
Huntsman
11,578 4.5
United States The Woodlands, USA
33
Syngenta
11,286 4.6
Switzerland Basel, Switzerland
34
Borealis
11,076 2.7
Austria Vienna, Austria
35
Lanxess 10,646 ?3.5
Germany Cologne, Germany
36
Asahi Kasei
10,628 2.8
Japan Tokyo, Japan
37
Sasol 10,299 20.9
South Africa Johannesburg, South Africa
38
Air Products & Chemicals
9,989 2.7
United States Allentown,
USA
39
Eastman Chemical
9,527 1.9
United States Kingsport, USA
40
PTT Global Chemical
9,522 1.1
Thailand Bangkok, Thailand
41
Mosaic 9,056 ?9.2
United States Plymouth, USA
42
DIC
8,218 17.0
Japan Tokyo, Japan
43
Arkema 7,915 ?2.4
France Colombes, France
44
Tosoh 7,657[B]
4.8
Japan Tokyo, Japan
45
Hanwha Chemical 7,655 2.4
South Korea Seoul, South Korea
46
Siam Cement
7,617 18.2
Thailand Bangkok, Thailand
47
Indorama Ventures
7,514 6.5
Thailand Bangkok, Thailand
48
BP
7,284 ?15.6 United Kingdom London, United Kingdom
49
Ecolab 7,215[B]
11.4
United States St. Paul, United States
50
Johnson Matthey 7,203[B]
11.7
United Kingdom London, United Ki
ngdom
A.^ Some figures converted at 2014 average exchange rates of US$1.00 = R$2.3512,
GB 0.6066, CN\6.16, ?0.752, ?61.00, \105.74, ?1,052.29 , kr 6.2969, SAR 3.75, CHF0
.9147, NT$30.229, and ?32.461.[2]
B.^ Sales include a significant amount of non-chemical products.[2]
C.^ Estimate by Chemical and Engineering News.[2]
The largest companies before 2014[edit]
Since Chemical & Engineering News began keeping records in 1989, BASF has been t
he world's largest chemical producer by annual sales more frequently than any ot
her company. The other companies that have headed the list are Dow Chemical, Hoe
chst (which merged with Rhone-Poulenc in 1999 and is now a subsidiary of Sanofi)
, ICI (acquired by AkzoNobel in 2008) and Bayer.
