Asian Chemical Connections
We present the ICIS Top 100 Chemical Companies, a ranking of the world's largest chemical producers. Sponsored by DKSH, the listing - based on 2011 sales - reveals some surprises. Revenues and profits rose again, backed largely by price gains. Germany's BASF led the pack with $95.2bn in sales, while China's Sinopec made major strides to capture the number two position, edging out US-based ExxonMobil Chemical.
INSIGHT: China may see major ethylene shortfall by 2019
"At $50-90/bbl for Brent, UBS estimates the internal rate of return (IRR) for China CTO/MTO projects range from 5-10% – mostly too low to justify inve
VIDEO: ICIS Special Report: Innovation is key to success