Last updated on September 7th, 2022 at 01:06 pm
Here you can see the List of Top Chemical Companies in the World 2021. The largest chemical companies in the world has a revenue of $ 71 Billion followed by 2nd largest chemical company with revenue of $ 66 Billion.
List of Top Chemical Companies in the World
So here is the list of Top Chemical Industries in the world based on the Turnover.
1. The BASF Group
World’s largest chemical company The BASF Group has 11 divisions are aggregated into six segments based on their business models and leading chemical companies. The divisions bear operational responsibility and are organized according to sectors or products. They manage our 54 global and regional business units and develop strategies for the 76 strategic business units.
The Company regional and country units represent BASF locally and support the growth of the operation divisions with proximity to customers. For financial reporting purposes, we organize the regional divisions into four regions: Europe; North America; Asia Pacific; South America, Africa, Middle East and largest top chemical industries.
- Total Sales: $ 71 Billion
- 54 global and regional business
Eight global units form a lean corporate center. The corporate center is accountable for group-wide governance and supports BASF’s Board of Executive Directors in steering the company as a whole. Four global cross-functional service units offer services for individual sites or globally for business units of the BASF Group.
The Company three global research divisions are run from key regions – Europe, Asia Pacific and North America: Process Research & Chemical Engineering (Ludwigshafen, Germany), Advanced Materials & Systems Research (Shanghai, China) and Bioscience Research (Research Triangle Park, North Carolina). Together with the development units in operating divisions, they form the core of global Know-How Verbund.
BASF supplies products and services to around 100,000 customers from various sectors in almost every country in the world and biggest chemical companies. The customer portfolio ranges from major global customers and medium-sized businesses to end consumers.
2. ChemChina
ChemChina is a state-owned enterprise established on the basis of companies affiliated to the former Ministry of the Chemical Industry of China and one of the biggest chemical companies in world. It ranks 164th on the “Fortune Global 500” list and is the largest chemical enterprise in China. It has 148,000 employees,87,000 of which work overseas and leading chemical companies.
- Total Sales: $ 66 Billion
- Employees: 148,000
- R&D bases in 150 countries
Strategically oriented towards “New Science, New Future”, ChemChina operates in six business sectors covering new chemical materials and specialty chemicals, agrochemicals, oil processing and refined products, tire & rubber products, chemical equipment, and R&D design.
Headquartered in Beijing, ChemChina has production and R&D bases in 150 countries and regions worldwide, and boasts a full-fledged marketing network. The company is among the top chemical industries.
ChemChina operates seven specialized companies, four directly affiliated units, 89 production and operation enterprises, nine listed companies, 11 overseas subsidiaries, and 346 R&D institutes, among which 150 are overseas ones.
3. Dow Inc
Dow Inc. was incorporated on August 30, 2018, under Delaware law, to serve as a holding company for The Dow Chemical Company and its consolidated subsidiaries (“TDCC” and together with Dow Inc., “Dow” or the “Company”).
- Total Sales: $ 43 Billion
- Employees: 36,500
- Manufacturing Sites: 109
- Countries with Manufacturing: 31
Dow Inc. operates all of its businesses through TDCC, a wholly owned subsidiary, which was incorporated in 1947 under Delaware law and is the successor to a Michigan corporation, of the same name, organized in 1897.
The Company’s portfolio now includes six global businesses which are organized into the following operating segments:
- Packaging & Specialty Plastics,
- Industrial Intermediates & Infrastructure and
- Performance Materials & Coatings.
Dow’s portfolio of plastics, industrial intermediates, coatings and silicones businesses delivers a broad range of differentiated science-based products and solutions for its customers in high-growth market segments, such as packaging, infrastructure and consumer care.
Dow operates 109 manufacturing sites in 31 countries and employs approximately 36,500 people. The Company’s principal executive offices are located at 2211 H.H. Dow Way, Midland, Michigan 48674.
4. LyondellBasell Industries
LyondellBasell leads the industry in producing basic chemicals including ethylene, propylene, propylene oxide, ethylene oxide, tertiary butyl alcohol, methanol, acetic acid and their derivatives and best chemical companies.
- Total Sales: $ 35 Billion
- Sell its Product in 100 countries
The chemicals that company produce are the building blocks for numerous products that advance modern living, including fuels, automotive fluids, furniture and household goods, coatings, adhesives, cleaners, cosmetics and personal care products.
LyondellBasell (NYSE: LYB) is one of the largest plastics, chemicals and refining companies in the world. LyondellBasell sells products into more than 100 countries and is the world’s largest producer of polypropylene compounds and the largest licensor of polyolefin technologies.
In 2020, LyondellBasell was named to Fortune Magazine’s list of the “World’s Most Admired Companies” for the third consecutive year and top chemical industries and leading chemical companies.
5. Mitsubishi Chemical Holdings
Mitsubishi Chemical Holdings Group is Japan’s Majar Chemical group and offers a wide variety of Products and solutions in three business domains-Performance Products, Industrial materials and healthcare.
- Total Sales: $ 33 Billion
Mitsubishi group companies are among the world’s leaders in their various fields, both in Japan and around the globe. The company is 5th in the list of top 20 chemical companies.
Four generations of Mitsubishi presidents–through a dedication to diversification and contributing to society–helped create the robust foundation for Mitsubishi group companies to expand their scope of business into all corners of industry and service.
6. Linde
Linde is a leading global industrial gases and engineering company with 2019 sales of $28 billion (€25 billion) and biggest chemical companies. The Company live on mission of making our world more productive every day by providing high-quality solutions, technologies and services which are making our customers more successful and helping to sustain and protect planet.
The company serves a variety of end markets including chemicals & refining, food & beverage, electronics, healthcare, manufacturing and primary metals. Linde is 6th is the list of top chemical industries.
Total Sales: $ 29 Billion
Linde’s industrial gases are used in countless applications, from life-saving oxygen for hospitals to high-purity & specialty gases for electronics manufacturing, hydrogen for clean fuels and much more. Linde also delivers state-of-the-art gas processing solutions to support customer expansion, efficiency improvements and emissions reductions.
7. Shenghong Holding Group
ChengHong holding group co., LTD. Is a large state-level enterprise group, was founded in 1992, is located in the history.the in suzhou. Group formation of petrochemical, textile, energy, real estate, hotel five industry group enterprise and best chemical companies.
- Total Sales: $ 28 Billion
- Founded: 1992
- 138 authorized patents
With research and development, production, investment, trade,Group has been rated as “national technology innovation model enterprise”, “national advanced unit of circular economy”, “national torch plan key high-tech enterprise”, “national textile industry advanced collective”: “China well-known trademark” title.
In 2016, China’s top 500 companies, the 169th top 500 private enterprises in China. The company is among the top 20 chemical companies in the globe and best chemical companies.
Group chemical industry uphold the “innovation of fiber technology” concept, fiber product differentiation rate of 85%, and the annual output of 1.65 million tons of differential functional polyester filament can output is a global industry leader.
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