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The US "Chemical and Engineering News" (C&EN) recently released a list of the top 50 global chemical companies in 2021
.
Among the top 50 companies in the world, there are 10 in the United States, 8 in Japan, 5 in Germany, and 3 each in South Korea and the United Kingdom
BASF ranks first, with chemical sales of US$67.
49 billion in 2020, a slight decrease of 0.
3% compared to 2019; Sinopec’s chemical sales of US$46.
Seven Chinese chemical companies have entered the global top 50, an increase of one from the previous year
.
It is worth noting that the rankings of Chinese companies are basically flat or rising, reflecting the vigorous development of China's chemical industry
Ineos’ sales of US$31.
31 billion ranked fourth, up two places; Saudi Basic Industries Corporation’s sales of US$28.
79 billion, ranked fifth, down one place; Formosa Plastics dropped one place and ranked sixth; LG Chem A sharp rise of 5 places, ranking 7th; Mitsubishi Chemical dropped 1 place, ranking 8th; Linde and Lyondell Basel swapped positions and ranked 9th and 10th
The income threshold for the top 50 this year is US$6.
4 billion
In 2020, the global chemical industry has withstood the test of the new crown epidemic without a cliff-like decline
.
The global top 50 chemical sales totaled US$795.
8 billion, a decrease of 7.
Among the top 50 companies, 44 companies disclosed profit data.
In 2020, chemical profits fell by 22.