Presenting the ICIS Top 100 Chemical Companies Ranking
LONDON and NEW YORK, September 4, 2018 /PRNewswire/ --
ICIS Chemical Business magazine has published its annual ICIS Top 100 Chemical Companies, a global listing of producers ranked by 2017 sales.
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The ICIS Top 100 Chemical Companies ranking is available for download as a PDF at http://www.icis.com/pages/icis-top-100-chemical-companies .
This year, US-based DowDuPont has captured the #1 spot as the world's leading chemical company with sales of $79.5bn in 2017 on a pro forma basis following the mega merger between Dow and DuPont. However, its top position will be fleeting, as it plans to split into three separate companies in 2019.
DowDuPont narrowly eclipsed Germany-based BASF which came in 2nd with $77.4bn in sales. China's Sinopec took the #3 slot with $67.3bn in revenues, followed by Saudi Arabia's SABIC at $39.9bn and Mitsubishi Chemical Holdings at $35.0bn.
Currency conversions to US dollars for the ranking were based on year-end 2017 exchange rates, or rates at the end of the company's fiscal year.
"The ICIS Top 100 Chemical Companies listing exemplifies the global nature of the chemical business with geographic diversity among the top 10, along with the rest of the group," said Joseph Chang, Global Editor of ICIS Chemical Business.
The year 2017 was a banner year for the global chemical industry, driven by the synchronized global economic expansion.
"In 2017, the world's largest chemical producers were buoyed by continued strong demand growth, particularly those operating upstream in petrochemicals," said Nigel Davis, ICIS Insight Editor.
The companies in the ICIS Top 100 Chemical Companies listing, including the "Bubbling Under" category, generated combined sales of $1.24 trillion in 2017, up by an impressive 13% from a year earlier.
The ICIS Top 100 Chemical Companies series of special reports runs over three consecutive weekly issues.
The September 7 issue of ICIS Chemical Business will feature the geographic leaders in North America, Latin America, Europe, Asia, and the Middle East & Africa.
The September 14 issue will highlight the ICIS Company of the Year based on financial metrics.
About ICIS
ICIS Chemical Business is part of ICIS.
ICIS is the world's largest petrochemical market information provider, with divisions spanning energy and fertilizers. Our aim is to give companies in global commodities markets a competitive advantage by delivering valuable information and analytics tools which enable our customers to identify and react to opportunities in markets which are constantly evolving. We have more than 30 years' of experience in providing pricing intelligence and news, forecast data, market analytics and independent consulting to buyers, sellers and analysts.
With a global staff of more than 600, ICIS has employees based in London, Houston, New York, Singapore, Dubai, Shanghai, Guangzhou, Beijing, Mumbai, Tokyo, Karlsruhe, and Milan. ICIS' team of journalists is engaged in reporting market prices and news, and ICIS is fully committed to upholding the highest journalistic principles of verification, corroboration and authentication. ICIS has a compliance framework that along with its methodologies and business processes adheres to the requirements of the IOSCO PRA Principles.
ICIS is a division of Reed Business Information, part of RELX Group.
About Reed Business Information
Reed Business Information provides information, analytics and data to business professionals worldwide. Our strong global products and services hold market-leading positions across a wide range of industry sectors including banking, petrochemicals and aviation, where we help customers make key strategic decisions every day. RBI is part of RELX Group, a global provider of information and analytics for professional customers across industries.
http://www.reedbusiness.com
About RELX Group
RELX Group is a global provider of information and analytics for professional and business customers across industries. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs approximately 30,000 people, of whom almost half are in North America. RELX PLC is a London listed holding company which owns 52.9% of RELX Group. RELX NV is an Amsterdam listed holding company which owns 47.1% of RELX Group. The shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX and RENX. The total market capitalisation is approximately £33.7bn/€37.6bn/43.8bn.
http://www.relx.com
Media Contact
For editorial enquiries, contact:
Joseph Chang
Global Editor
ICIS Chemical Business
T: +1-212-791-4224
joseph.chang@icis.com
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