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: Ethylene cycle upturn may already be challenged
“The capacity that is being brought on-stream in China is being run a lot harder than some had expected.”
VIDEO: ICIS Special Report - C3 value chain, early autumn