The third quarter results of the world's 50 large chemical enterprises were released! Reveal an important signal

Recently, BASF, Dow, Wanhua and other large chemical companies have successively released their third quarter performance reports
this year.
The report shows that the sales performance of these companies is still generally growing, but some companies have suffered from profit shocks
due to factors such as the global economic recession and high energy raw material costs.

Asia

Rongsheng Petrochemical achieved operating income of 77.
491 billion yuan in the third quarter, a year-on-year increase of 72.
43%; The net profit attributable to shareholders of the listed company was 83.
999 million yuan, a year-on-year decrease of 97.
64%.

In the first three quarters, the operating income reached 225.
118 billion yuan, a year-on-year increase of 74.
03%; The net profit attributable to shareholders of the listed company was 5.
451 billion yuan, a year-on-year decrease of 46.
15%.

Hengli Petrochemical achieved operating income of 51.
202 billion yuan in the third quarter, a year-on-year increase of 9.
14%; In the first three quarters, the total operating income reached 170.
357 billion yuan, a year-on-year increase of 12.
46%.

In the first three quarters, the net profit attributable to shareholders of listed companies was 6.
087 billion yuan, down 52.
12% year-on-year, of which the net profit loss in the third quarter was 1.
939 billion yuan
.

China Chemical's revenue in the third quarter was 45.
255 billion yuan, a year-on-year increase of 32.
8%; The net profit attributable to the parent was 1.
071 billion yuan, a year-on-year increase of 10.
9%.

In the first three quarters, the revenue reached 120.
053 billion yuan, a year-on-year increase of 33.
4%; The net profit attributable to the parent was 3.
720 billion yuan, a year-on-year increase of 28.
4%.

Hengyi Petrochemical's revenue in the third quarter was 43.
512 billion yuan, a year-on-year increase of 20.
77%; The net profit attributable to the parent was -496 million yuan, a year-on-year decrease of 159.
91%.

In the first three quarters, the operating income was 123.
316 billion yuan, a year-on-year increase of 26.
93%, and the net profit attributable to the parent was 1.
317 billion yuan, a year-on-year decrease of 56.
7%.

Wanhua Chemical's operating income in the third quarter was 41.
302 billion yuan, a year-on-year increase of 4.
14%; The net profit was 3.
225 billion yuan, down 46.
35%
from the same period last year.
In the first three quarters of this year, the operating income reached 130.
420 billion yuan, a year-on-year increase of 21.
53%; The net profit was 13.
608 billion yuan, down 30.
36%
from the same period last year.

Sinochem International achieved revenue of 21.
5 billion yuan in the third quarter, a year-on-year increase of 10.
56%; The net profit was 315 million yuan, a year-on-year increase of 21%.

In the first three quarters, the company achieved revenue of 65.
939 billion yuan, a year-on-year increase of 12.
83%; The net profit was 1.
29 billion yuan, down 46.
36%
from the same period last year.

In the third quarter, Yuntianhua achieved a total operating income of 19.
836 billion yuan, a year-on-year increase of 18.
77%; The net profit attributable to the parent was 1.
665 billion yuan, a year-on-year increase of 31.
24%.

In the first three quarters, the company achieved operating income of 56.
459 billion yuan, a year-on-year increase of 18.
53%; The net profit attributable to shareholders of listed companies was 5.
130 billion yuan, a year-on-year increase of 80.
63%.

Oriental Shenghong's revenue in the third quarter was 16.
466 billion yuan, a year-on-year increase of 17.
14%; The net profit loss attributable to the parent was 58.
7978 million yuan
.
The revenue in the first three quarters was 46.
708 billion yuan, a year-on-year increase of 16.
17%; The net profit attributable to the parent was 1.
577 billion yuan, down 59.
99%
from the same period last year.

Tongkun Co.
, Ltd.
's operating income in the third quarter was 17.
337 billion yuan, down 14.
01% from the same period last year; The net profit attributable to shareholders of the listed company was -366 million yuan
.
In the first three quarters, the operating income was 47.
189 billion yuan, down 6.
27% year-on-year; The net profit attributable to shareholders of the listed company was 1.
935 billion yuan, down 68.
59%
from the same period last year.

Xinfengming achieved operating income of 14.
228 billion yuan in the third quarter, a year-on-year increase of 10.
4%, and a net loss of 110 million yuan
.
The revenue in the first three quarters was about 37.
943 billion yuan, an increase of 3.
76% over the same period of the previous year; The net profit attributable to shareholders of the listed company was about 284 million yuan, down 85.
32%
from the same period last year.

Zhongtai Chemical achieved operating income of 11.
784 billion yuan in the third quarter, a year-on-year increase of 2.
26%; The net profit attributable to shareholders of the listed company was 9.
4278 million yuan, down 98.
71%
from the same period last year.
In the first three quarters, the total operating income reached 41.
132 billion yuan, down 2.
6% year-on-year; The net profit attributable to the parent was 1.
155 billion yuan, a year-on-year decrease of 53.
1%.

LG Chem's net profit in the third quarter reached KRW 714 billion, up 5.
0% year-on-year; Operating profit increased by 6.
4% y/y to KRW 901 billion.
Sales increased 34.
0% y/y to KRW 14.
1 trillion (approximately USD 10.
3 billion).

South Korea's Lotte Chemical's third-quarter sales increased 27.
9% year-on-year to KRW 5.
68 trillion, and EBITDA was KRW 180 billion, up 3.
2%
year-on-year.

In the first half of the fiscal year ended September 30 (April-September), Mitsubishi Chemical Holdings' net sales for the period were 2,269.
8 billion yen, a year-on-year increase of 20.
4%; Net income attributable to owners of the parent company was 739.
6 billion yen, down 13.
2%
y/y.

Sumitomo Chemical's net profit fell 8.
7% y/y to 81 billion yen ($545.
7 million) in the first half of the fiscal year ended September 30.
Sales increased 15% to JPY 1.
5 trillion and operating profit decreased 58% y/y to JPY 60.
5 billion
.

Asahi Kasei's net sales for the first half of the fiscal year ended September 30 (April-September) were 1,351.
2 billion yen (approximately US$9.
3 billion), up 14.
4% year-on-year.
Net income attributable to owners of the parent company decreased by 43.
3%
y/y to JPY 51.
7 billion.

In the first half of Mitsui Chemicals' fiscal year ended September 30 (April-September), net sales for the period were 951.
1 billion yen, a year-on-year increase of 27.
9%.
Net income attributable to owners of the parent company was JPY 77.
6 billion, down 17.
7%
y/y.

SABIC had third-quarter sales of SAR 46.
87 billion ($12.
5 billion), up 7.
3% year-on-year; Net profit was SAR 1.
84 billion, down 67.
1%
year-on-year.

Europe

BASF Group sales in the third quarter were €21.
9 billion, up 12 percent
year-on-year.
EBIT before special items amounted to €1.
3 billion, down €517 million from the third quarter of 2021
.

LyondellBassel Industries' third-quarter net profit was US$572 million, down 67.
5% year-over-year; Operating income was US$12.
250 billion, down 3.
54%
year-on-year.
Net profit in the first three quarters was US$3.
536 billion, down 27.
7% year-on-year; Operating income was US$40.
245 billion, up 20.
7%
year-on-year.

Bayer Group sales rose 5.
7 percent in the third quarter to EUR 11,281 million
.
EBITDA before special items increased by 17.
3 percent to EUR 2,451 million
.

Linde's third-quarter sales were $8.
8 billion, up 15% year-over-year; Income from continuing operations was $1.
27 billion, up 30%
year-over-year.

Air Liquide generated revenue of €8,247 million in the third quarter, up 8.
3%
year-on-year.

Syngenta Group's operating income in the first nine months was US$25.
9 billion, an increase of US$4.
9 billion or 24% year-on-year; EBITDA was $4.
6 billion, up 30%
year-over-year.
Third-quarter operating income increased 20% year-over-year to $7.
9 billion; Third-quarter EBITDA was $1.
0 billion, up 24%
year-over-year.

Yara International's third-quarter sales were $6,222 million, compared to $4,486 million in the year-ago quarter, EBITDA before special items was $1,001 million, compared to $765 million in the year-ago quarter, and net income attributable to shareholders of the parent company was $400 million
.

Henkel Group sales rose by 11.
3 percent in the third quarter to around EUR 6 billion
.
Sales in the first nine months rose 12.
5 percent in nominal terms to EUR 16.
8 billion.

Evonik's sales in the third quarter increased by 26% year-on-year to EUR 4.
88 billion
.
Adjusted EBITDA declined by 5 percent to EUR 615
million.

Covestro's third-quarter sales increased by 7.
3 percent year-on-year to EUR 4.
6 billion, while EBITDA decreased by 65.
0 percent to EUR 302 million
.

Solvay's net sales in the third quarter were €3,609 million, up 29.
5% year-on-year; Earnings before basic interest, taxes, depreciation and amortization (EBITDA) amounted to EUR 917 million, up 39.
8 percent
year-on-year.
Net sales in the first three quarters were 10.
141 billion euros, up 37% year-on-year; EBITD amounted to EUR 1,784 million, up 39.
7 percent
year-on-year.

AkzoNobel achieved sales of €2,862 million in the third quarter, up 19% year-on-year; Net profit attributable to shareholders was 84 million euros, down 95.
24%
year-on-year.
Sales in the first three quarters were 8.
240 billion euros, a year-on-year increase of 15%; Net profit was 344 million euros, down 86.
63%
year-on-year.

Arkema sales in the third quarter increased by 23.
9% year-on-year to EUR 2.
97 billion, while EBITDA increased slightly to EUR 4.
95
.

LANXESS' sales in the third quarter rose significantly by 38.
2 percent to EUR 2,185 million, and EBITDA before non-recurring gains and losses reached EUR 240 million, up 4.
8 percent
year-on-year.

WACKER generated sales of €2.
13 billion in the third quarter, up 29 percent year-on-year.
Earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to EUR 457 million, up 2 percent
year-on-year.

Clariant's sales in the third quarter were CHF 1.
312 billion, up 27% year-on-year; EBITDA increased to CHF 220 million, corresponding to a margin of 16.
8 percent
.

North America

Dow's third-quarter net sales were $14.
1 billion, down 5% year-over-year; GAAP net income was $760 million and operating EBIT was $1.
2 billion, compared to $2.
9 billion in the year-ago quarter.

Nutrien's third-quarter revenue increased 35.
9% year-over-year to $8.
19 billion, and adjusted net income was $1.
58 billion, up 118%
year-over-year.

Sherwin-Williams net sales in the third quarter were approximately US$6.
05 billion, an increase of 17.
5%; Net profit reached 685 million US dollars, an increase of 36.
45%.

In the first three quarters, the operating income was 16.
918 billion US dollars, a year-on-year increase of 11.
43%; Net profit was US$1.
634 billion, a year-on-year increase of 4.
49%.

Legg Mason third-quarter revenue was $5.
349 billion, up 56% year-over-year; Net income was $842 million, compared to $372 million
in the year-ago quarter.

PPG Industries achieved revenue of $4.
468 billion in the fiscal third quarter, up approximately 2% year-over-year; Net income was US$329 million, down 4% year-over-year; Adjusted net income was $393 million, down 3%
year-over-year.
Net sales in the first three quarters were US$13.
467 billion, a year-on-year increase of 6.
35%; Net profit was US$788 million, down 46.
32%
year-on-year.

Westlake Group achieved net sales of $4 billion, net profit of $401 million and EBITDA of $804 million
in the third quarter.

Ecolab Group reported third-quarter sales of $3.
7 billion, up 10% from last year; Net income attributable to Ecolab was $347 million, up 7%
year-over-year.

DuPont's third-quarter operating income was $3.
317 billion, down 22.
34% year-on-year; EBITDA was $856 million, up 5%
year-over-year.

Corteva's revenue for the third quarter of 2022 was $2.
78 billion, an increase of 17%
year-over-year.
In the first three quarters, the company's revenue totaled $13.
63 billion, an increase of 12%
year-on-year.

Eastman's third-quarter sales revenue was $2.
709 billion, up 13% year-over-year, excluding the impact of rubber additives and adhesive resin product line divestitures and foreign currency exchange rates.
EBIT was $324 million; adjusted EBIT was $333 million
.

Celanese reported third-quarter net sales of $2.
3 billion, down 7% sequentially; Adjusted EBIT was $510 million
.

CF Industries' net sales in the third quarter were $2,321 million, compared to $1,362 million in the year-ago quarter, up 70.
6% year-over-year; Net income was $438 million, compared to a net loss of $185 million
in the year-ago quarter.

Albemarle's third-quarter net sales were $2.
1 billion, up 152%; Net income was $897.
2 million, compared to a net loss of $392.
8 million in the year-ago quarter, and adjusted EBITDA was $1.
2 billion, an increase of 447%.

Huntsman reported third-quarter revenue of $2,011 million, net income of $115 million, adjusted net income of $141 million and adjusted EBITDA (EBITDA) of $271 million
.

Chemours third-quarter net sales of $1.
8 billion, up 6% year-over-year; Adjusted EBITDA was $363 million, down 2%
year-over-year.

Formics' revenue for the third quarter of 2022 was US$1.
38 billion, an increase of 15% from the third quarter of 2021; Adjusted EBITDA was $261 million, down 11%
from the third quarter of 2021.