Recently, the US “Chemical and Engineering News” (C&EN) announced the 2022 list of the top 50 global chemical companies (hereinafter referred to as the list). The top three companies remain unchanged. BASF is still the world’s largest chemical manufacturer, Sinopec is the second, and Dow is the third. Among the top 50 chemical companies in the world, China has 9 chemical companies on the list, 8 from the United States, 6 from Japan, 5 from Germany, 3 from South Korea and 3 from the United Kingdom. For the first time, China has become the largest number of companies on the list. nation.
Nine Chinese chemical companies entered the world’s top 50, an increase of two from the previous year, reflecting the vigorous development of China’s chemical industry. In addition to Sinopec, Formosa Plastics ranked 5th, PetroChina ranked 7th, Hengli Petrochemical ranked 12th, Syngenta ranked 15th, Wanhua Chemical ranked 17th, and Rongsheng Petrochemical ranked 27th. In addition to the 7 existing companies last year, Tongkun Group will also be ranked 48th in 2022, and Hengyi Petrochemical will be ranked 50th.
It is reported that the total sales of the world’s top 50 industrial enterprises in 2021 will be US$1.1 trillion, a year-on-year increase of 38%. At the same time, the profitability of various companies also exceeded expectations. Data from 41 chemical companies that disclosed net profit showed that in 2021, their chemical operating profit would increase by 148% to $127 billion.
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Global Top 50 Chemical Industry List
Source: China Industry News
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