Industry | 34 large-scale chemical companies released annual reports

BASF, the world's largest chemical company in Europe and Europe , announced its 2019 financial results.
Sales in 2019 were 59.
316 billion euros (approximately 65.
7 billion U.
S.
dollars), which was a slight decrease from the previous year's 60.
220 billion euros due to the impact of sales and prices.
Excluding special items, EBIT was 4.
5 billion euros, a year-on-year decrease of 1.
7 billion euros.
This was mainly due to the decline in the two major business areas of materials and chemicals.
LyondellBasell's revenue in 2019 was 34.
727 billion U.
S.
dollars, and in 2018 it was 39 billion U.
S.
dollars.
The annual net profit was 3.
397 billion U.
S.
dollars, compared with 4.
69 billion U.
S.
dollars the previous year.
Linde plc announced its 2019 fourth quarter and full year results.
Sales of 28.
2 billion U.
S.
dollars in 2019, and 14.
8 billion U.
S.
dollars in 2018.
The annual net profit was 2.
285 billion US dollars, compared with 4.
381 billion US dollars last year.
Air Liquide announced its 2019 results.
The annual group revenue was 21.
920 billion euros (approximately 23.
5 billion U.
S.
dollars), compared with 21.
011 billion euros in 2018.
The annual recurring operating profit was 3.
794 billion euros, compared with 3.
449 billion euros in the previous year.
The net profit for the year was 2.
242 billion euros, compared with 2.
113 billion euros in the previous year.
INEOS GROUP HOLDINGS SA announced its 2019 results.
Revenue in 2019 was 13.
705 billion euros (approximately 15.
2 billion U.
S.
dollars), and in 2018 it was 16.
092 billion euros.
The annual operating profit was 1.
212 billion euros, compared with 1.
819 billion euros in the previous year.
The annual profit was 723 million euros, compared with 1.
195 billion euros in the previous year. Evonik Group (Evonik) released its 2019 financial report.
Sales in 2019 were 13.
1 billion euros (approximately 14.
5 billion U.
S.
dollars), a slight decrease of 1% from last year.
Among them, the resource efficiency business segment sales of 5.
69 billion euros, the same as last year.
Nutrition and consumer chemicals business segment sales of 4.
58 billion euros, a decrease of 1% compared to last year.
Sales of the functional materials business segment were 2.
04 billion euros, a decrease of 9% compared to last year.
In 2019, adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) was 2.
153 billion euros, compared with 2.
150 billion euros the previous year.

Covestro (Covestro) announced its 2019 fiscal year results.
Due to increased competition in various sectors, sales prices are still low, and group sales fell 15.
1% to approximately 12.
4 billion euros (approximately US$13.
7 billion).
Among them, the sales of the polyurethane business segment decreased by 21.
5% to 5.
779 billion euros, the sales of the polycarbonate business segment decreased by 14.
3% to 3.
473 billion euros, and the sales of the adhesives and specialty chemicals business segment reached 2.
369 billion euros, which was basically the same as the previous year.
.
Group earnings before interest, taxes, depreciation and amortization (EBITDA) fell 49.
9% year-on-year to approximately 1.
6 billion euros, and net profit fell 69.
7% to 552 million euros.

Solvay (Solvay) announced its fiscal year 2019 full-year results.
Net sales in 2019 were 10.
244 billion euros (approximately 11.
4 billion U.
S.
dollars) and 10.
257 billion euros in 2018.
Among them, the net sales of high-tech materials were 4.
512 billion euros, the net sales of high-performance formulas were 2.
846 billion euros, and the net sales of high-performance chemicals were 2.
879 billion euros.
The EBITDA profit for the year was 2.
322 billion euros, compared with 2.
330 billion euros the previous year.
The net profit for the year was 1.
075 billion euros, compared with 1.
085 billion euros in the previous year.

Henkel announced its 2019 annual results.
Sales in 2019 were 20.
114 billion euros and in 2018 were 19.
899 billion euros.
The EBIT profit for the year was 2.
899 billion euros, compared with 3.
116 billion euros in the previous year.
Among them, the adhesive technology business unit has sales of 9.
461 billion euros (approximately 10.
5 billion U.
S.
dollars). AkzoNobel (AkzoNobel) announced its 2019 fiscal year results.
Revenue in 2019 was 9.
276 billion euros (approximately 10.
3 billion U.
S.
dollars), and in 2018 it was 9.
256 billion euros.
The adjusted EBITDA profit for the whole year was 1.
341 billion euros, compared with 1.
037 billion euros the previous year.
The net profit for the year was 538 million euros, compared with 6.
674 billion euros in the previous year.

DSM (DSM) announced its 2019 fiscal year results.
Revenue in 2019 was 9.
010 billion euros (approximately 9.
98 billion U.
S.
dollars), and in 2018 it was 9.
267 billion euros.
Among them, the sales of nutrition business was 6.
028 billion euros, and the sales of materials business was 2.
746 billion euros.
The adjusted EBITDA profit for the whole year was 1.
684 billion euros, compared with 1.
822 billion euros the previous year.
The net profit for the year was 764 million euros, compared with 1.
079 billion euros in the previous year.

Arkema, a French chemical manufacturer, had sales of 8.
7 billion euros (approximately US$9.
64 billion) in 2019, close to 8.
8 billion euros last year.
Earnings before interest, taxes, depreciation and amortization (EBITDA) reached 1.
457 billion euros, a decrease of 1.
2% from 2018.
Adjusted net income was 625 million euros.

LANXESS's sales in fiscal year 2019 were 6.
802 billion euros (approximately US$7.
53 billion), basically the same as 6.
824 billion euros in the previous year.
Net income from continuing operations was 240 million euros, a decrease of 14.
9% from the 282 million euros in the previous year.
This is mainly caused by the special expenses incurred by the reorganization of the organometallic business.
The profit before interest, tax, depreciation and amortization of LANXESS's regular business area increased by 3.
3% to 1.
019 billion euros.
From December 31, 2019, the leather chemicals business department is classified as a non-continuous business.
As part of the strategic adjustment, LANXESS plans to sell this business unit.
LANXESS has sold its chromium chemicals business and its chromium ore shares in 2019.

Clariant had sales of 4.
399 billion Swiss francs in 2019, compared with 4.
404 billion Swiss francs in 2018 and 4.
61 billion Swiss francs.
The annual net profit was 38 million Swiss francs, and the net profit of the previous year was 356 million Swiss francs. Bayer had sales of 43.
545 billion euros in 2019 and 36.
742 billion euros in 2018.
The annual EBITDA profit was 9.
554 billion euros, compared with 9.
695 billion euros in 2018.
The net profit for the year was 4.
091 billion euros, compared with 1.
695 billion euros in 2018.
The annual crop science sales amounted to 19.
832 billion euros (approximately 22 billion US dollars).

Syngenta AG announced its 2019 results.
The annual sales amounted to USD 13.
582 billion, compared with USD 13.
569 billion in the previous year.
The net profit for the year was US$1.
450 billion, compared with US$1.
447 billion in the previous year.
The annual EBITDA profit was 2.
927 billion US dollars, compared with 2.
675 billion US dollars last year.

Americas Americas
Dow (Dow Inc.
) released fourth-quarter results of fiscal year 2019 reported net sales of $ 10.
2 billion, down 15% year on year, mainly due to the revenue decline or decline in global energy prices.
The net sales of materials and coatings were US$2.
04 billion, the net sales of industrial intermediates and infrastructure were US$3.
25 billion, the net sales of packaging and specialty plastics were US$4.
84 billion, and the net loss from continuing operations was US$2.
3 billion.

DuPont's revenue in 2019 was 21.
512 billion U.
S.
dollars, and in 2018 it was 22.
594 billion U.
S.
dollars.
The net profit for the year was US$498 million, compared with US$385 million in the previous year.

Sherwin-Williams' revenue in 2019 was US$17.
9 billion, and in 2018 it was US$17.
535 billion.
The net profit for the year was US$1.
541 billion, compared with US$1.
109 billion in the previous year.

PPG announced net sales of 15.
146 billion U.
S.
dollars in 2019, compared with 15.
374 billion U.
S.
dollars in the previous year.
The annual net profit was 1.
243 billion U.
S.
dollars, compared with 1.
341 billion U.
S.
dollars in the previous year.

Ecolab's 2019 net sales were 14.
906 billion U.
S.
dollars, compared with 14.
688 billion U.
S.
dollars in the previous year.
The net profit for the year was US$1.
559 billion, compared with US$1.
429 billion in the previous year. Eastman Chemical Company's 2019 sales revenue was 9.
273 billion U.
S.
dollars, compared with 10.
151 billion U.
S.
dollars in the previous year.
The adjusted EBIT profit for the whole year was US$1.
389 billion, compared with US$1.
633 billion in the previous year.

Air Products & Chemicals Inc.
announced its results for the first quarter of fiscal year 2020 ending on December 31.
Sales for the quarter were US$2.
255 billion, compared with US$2.
224 billion in the same period last year.
Net profit for the quarter was US$476 million, compared with US$348 million in the same period last year.

Huntsman Corp's net sales in 2019 were US$6.
797 billion, compared with US$7.
604 billion in the previous year.
The annual net profit was US$598 million, compared with US$650 million in the previous year.

Celanese had net sales of US$6.
297 billion in 2019, compared with US$7.
155 billion in the previous year.
The annual net profit was US$852 million, compared with US$1.
207 billion in the previous year.

Axalta Coating Systems Ltd.
's net sales in 2019 were US$4.
482 billion, compared with US$4.
696 billion in the previous year.
The net profit for the year was US$249 million, compared with US$207 million in the previous year.

Corteva (Corteva, Inc.
) net sales of 13.
846 billion U.
S.
dollars in 2019, and 14.
287 billion U.
S.
dollars in 2018.
The net loss for the year was US$959 million, and the net loss of the previous year was US$5.
065 billion.

Asia Asia
Saudi Basic Industries Corporation (SABIC) announced its 2019 results.
Revenue in 2019 was 139.
7 billion SAR (approximately 37.
2 billion U.
S.
dollars), and in 2018 it was 169.
1 billion SAR.
The annual net profit was 8.
463 billion SAR, compared with 31.
9 billion SAR in the previous year. Mitsubishi Chemical Holdings Corporation (Mitsubishi Chemical Holdings Corporation) announced its financial results for the first three quarters (April to December 2019).
Revenue for the current period was 2,730.
8 billion yen (approximately US$25.
3 billion), compared with 2,870.
4 billion yen in the same period last year.
Operating profit for the current period was 160.
6 billion yen, compared with 268.
1 billion yen in the same period last year.
Net profit for the current period was 76.
3 billion yen, compared with 166 billion yen in the same period last year.

LG Chem's revenue in 2019 was 28,625 billion won (approximately 23.
4 billion U.
S.
dollars), compared with 28,183 billion won in 2018.
The annual operating profit was 895.
6 billion won, compared with 2,246.
1 billion won in the previous year.

Toray Industries, Inc.
announced its financial results for the first three quarters (April to December 2019).
Net revenue for the current period was 1681.
4 billion yen (approximately US$15.
6 billion), compared with 1.
8083 billion yen in the same period last year.
Operating profit for the current period was 104.
5 billion yen, compared with 112.
4 billion yen in the same period last year.
Net profit for the current period was 66.
2 billion yen, compared with 81.
3 billion yen in the same period last year.

Sumitomo Chemical announced its financial results for the first three quarters (April to December 2019).
Revenue for the current period was 1,650.
7 billion yen (approximately $15.
3 billion), compared with 1,714.
1 billion yen in the same period last year.
Operating profit for the current period was 127.
7 billion yen, compared with 116.
5 billion yen in the same period last year.
Net profit for the current period was 37.
6 billion yen, compared with 89 billion yen in the same period last year.

Asahi Kasei Corporation announced its financial results for the first three quarters (April to December 2019).
Net revenue for the current period was 1,588.
5 billion yen (approximately US$14.
7 billion), compared with 1,5867 billion yen in the same period last year.
Operating profit for the current period was 140.
2 billion yen, compared with 157.
1 billion yen in the same period last year.
Net profit for the current period was 103.
8 billion yen, compared with 115.
9 billion yen in the same period last year.

Wanhua Chemical disclosed its annual report.
In 2019, the company realized operating income of 68.
05 billion yuan (approximately US$9.
59 billion), a year-on-year decrease of 6.
57%; net profit was 10.
13 billion yuan, a year-on-year decrease of 34.
92%.