ICIS Chemical Business magazine has released its annual ICIS Top 100 Chemical Companies, a global listing of producers ranked by 2013 sales.
The ICIS Top 100 Chemical Companies ranking is available for download as a PDF at http://www.icis.com/top100chem.
Topping the list and surpassing the $100bn mark for the first time is Germany’s BASF with $101.9bn in revenues, followed by China’s Sinopec at #2 with $72.3bn and US-based ExxonMobil Chemical at #3 with $59.3bn. US-based Dow Chemical with $57.1bn in sales comes in at #4, followed by Saudi Arabia-based SABIC at #5 with $50.4bn in sales.
Currency conversions to US dollars for the ranking were based on year-end 2013 exchange rates.
The ICIS Top 100 Chemical Companies raised their sales by an average 3.7% in 2013 compared with 2012.
“While 2013 was a slow growth year for global economies, many of the ICIS Top 100 Chemical Companies showcased their competitiveness with impressive numbers, and some are moving up in the rankings with above-market growth rates,” said Joseph Chang, Global Editor of ICIS.
The aggregate ICIS Top 100 Chemical Companies have grown sales significantly through the years.
“A sign of how strongly players in this industry are able to grow, even in these testing times, is that the cut-off point for inclusion in the Top 100 is now $3.90bn. Ten years ago it was $1.96bn, and 20 years ago the analysis included 88 companies and the cut-off was $792m,” said Nigel Davis, ICIS Insight Editor.
The ICIS Top 100 Chemical Companies runs over three consecutive weekly issues.
The 22 September issue of ICIS Chemical Business will break out the geographic leaders in North America, Latin America, Europe, Asia, and the Middle East & Africa.
And the ICIS Company of the Year based on financial metrics will be revealed in the 29 September issue.
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ICIS Chemical Business
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ICIS Chemical Business is the leading global weekly magazine focusing on the bulk commodity chemical and polymers markets. Get your weekly global summary of these markets by subscribing today at http://www.icis.com/about/icis-chemical-business-magazine.
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