World chemicals – Top 100 companies

The following listing of chemical companies includes all those with chemical sales of more than US$ 1 billion. It gives a ranking for the 1994-1995 tax year for Japanese firms. The rankings for many f…

The following listing of chemical companies includes all those with chemical sales of more than US$ 1 billion. It gives a ranking for the 1994-1995 tax year for Japanese firms. The rankings for many firms will already have changed based on transactions that took place in 1995. It is no surprise to find Hoechst, one of Germany“s leading three firms, topping the list, with DuPont in second place, ahead of BASF and Bayer. Coming in fifth is Unilever, followed by Mitsubishi Kasei, which overtakes Dow Chemical and ICI. The listing is dominated by US, European, and Japanese companies; the largest company outside these groups is Taiwan“s Formosa Plastics, which beat several major companies such as Monsanto and Union Carbide. At the other end of the ranking, just under the US$ 1 billion mark are such companies as Engelhard, Dexter Corp., Georgia Gulf, and Wellman, which each exceeded US$ 900 million in chemical sales. The calculation of chemical sales is based on commodity and special chemicals, plastics, coatings, fertilisers, agrochemicals, pharmaceutical intermediates, and cleaning products. It excludes foods, pharmaceuticals, vitamins, cosmetics, petrol, petroleum-based lubricants, and personal hygiene products, although these are dependent on individual company definitions. Intracompany transfers were counted as sales whenever possible. The capital expenditure entry generally does not include the cost of acquisitions. However, it may include R&D costs – especially at oil conglomerates – although this has been taken out wherever possible. Capital spending, R&D, and employee figures generally refer to the entire company; often just a fraction of these figures is applicable to chemical divisions. Company Chemical Sales (Home Country) Tax year “94-“95 % Change (US$ million) from “93 1. Hoechst (Germany) 26,883 10 2. DuPont (US) 22,987 5 3. BASF (Germany) 18,477 12 4. Bayer (Germany) 15,807 7 5. Unilever (Anglo-Dutch) 15,265 3 6. Mitsubishi Kasei (Japan) 1 15,058 24 7. Dow Chemical, (US) 14,055 12 8. ICI (UK) 13,932 6 9. Asahi Chemical (Japan) 2 11,180 -6 10. Royal Dutch/Shell (Anglo-Dutch) 11,130 7 11. Akzo Nobel (Netherlands) 11,123 6 12. Elf Atochem (France) 3 10,526 8 13. Procter & Gamble (US) 10,512 -6 14. Ciba-Geigy (Switzerland) 10,110 -5 15. Sumitomo Chemical (Japan) 9,799 4 16. Exxon (US) 9,544 10 17. Rhone-Poulenc (France) 9,428 n/a 18. Toray (Japan) 8,075 -14 19. Enichem (Italy) 7,090 5 20. Phillips Petroleum (US) 6,618 n/a 21. Solvay (Belgium) 6,569 8 22. Henkel (Germany) 6,458 2 23. Veba (Germany) 6,328 1 24. Formosa Plastics (Taiwan) 4 6,231 21 25. Monsanto (US) 2 5,939 5 26. 3M (US) 5,875 10 27. l Air Liquide (France) 5,721 10 28. General Electric (US) 5,681 13 29. Mitsui Toatsu (Japan) 5,545 9 30. BOC Group (UK) 5,503 8 31. Dainippon Ink and Chemical (Japan) 5,323 2 32. British Petroleum (UK) 5 5,235 13 33. Norsk Hydro (Norway) 5,207 1 34. DSM (Netherlands) 5,197 10 35. Zeneca (UK) 5,186 -2 36. Union Carbide (US) 4,865 5 37. Occidental Petroleum (US) 4,677 16 38. Showa Denko (Japan) 4,499 -2 39. Amoco (US) 4,359 26 40. Eastman Chemical (US) 4,329 11 41. Mobil (US) 4,195 19 42. Mitsui Petrochemical (Japan) 4,059 9 43. Huntsman (U.S.) 4 4,026 n/a 44. PPG Industries (US) 3,950 14 45. Tosoh (Japan) 3,934 8 46. Total (France) 3,837 7 47. Sandoz (Switzerland) 6 3,760 -2 48. Chevron (US) 3,727 13 49. Roche (Switzerland) 3,662 1 50. Mitsubishi Rayon (Japan) 3,616 5 51. Rohm and Haas (US) 3,534 8 52. Asahi Glass (Japan) 3,487 -11 53. Arco Chemical (US) 3,423 7 54. Air Products and Chemicals (US) 3,418 4 55. Courtaulds (UK) 3,367 7 57. AlliedSignal (US) 3,272 17 58. Grace W.R., (US) 5 3,218 1 59. Kao (Japan) 3,209 2 60. Sherwin-Williams (US) 3,100 5 61. Degussa (Germany) 2,995 3 62. Ashland Oil (US) 2,885 12 63. Lafarge-Coppee (France) 2,833 6 64. Praxair (US) 2,711 11 65. Sabic (Saudi Arabia) 2,702 -32 66. Hanson (UK) 2,702 181 67. Ube Industries (Japan) 7 2,660 -2 68. Borealis (Finland/Norway) 8 2,561 n/s 69. EMC (France) 2,251 6 70. Great Lakes Chemical (US) 2,111 16 71. Toyobo (Japan) 2,070 n/a 72. Petrofina (Belgium) 2,067 15 73. Reliance Industries (India) 2,067 31 74. Hercules (US) 2,026 10 75. Mitsubishi Gas Chem (Japan) 4 1,992 7 76. RWE (Germany) 1,960 11 77. FMC (US) 1,928 5 78. IMC Global (U.S.) 9 1,843 34 79. Lyondell Petrochemical (US) 1,783 34 80. Nova (Canada) 10 1,775 n/a 81. M.A. Hanna (US) 1,719 22 82. Goodyear (US) 1,701 5 83. Cabot (US) 1,680 4 84. AGA (Sweden) 1,621 10 85. Lubrizol (US) 1,599 5 86. AECI (South Africa) 1,570 42 87. Johnson Matthey (UK) 11 1,561 -1 88. Laporte Industries (UK) 1,545 10 89.Terra Industries (US) 1,533 35 90. OMV Group (Austria) 2 1,489 7 91. Wacker-Chemie (Germany) 1,486 2 92. EVC (Belgium) 1,481 28 93. Witco (US) 1,465 5 94. Methanex (Canada) 1,416 236 95. Nalco Chemical (US) 1,346 -3 96. Int. Flavors & Fragrances (US) 1,315 11 97. Takeda Chemical (Japan) 1,299 4 98. Ajinomoto (Japan) 1,257 14 99. Alusuisse-Lonza (Switzerland) 1,237 7 100. Burmah Castrol (UK) 1,210 8 101. Geon (US) 1,209 24 102. Ecolab (US) 1,208 10 103. Olin (US) 1,195 7 104. Ferro (US) 1,194 12 105. Perstorp (Sweden) 1,189 21 106. Farmland (US) 1,171 n/a 107. BF Goodrich (US) 1,149 19 108. Cytec (US) 4 1,103 9 109. H.B. Fuller (US) 1,097 16 110. Albemarle (US) 4 1,081 20 111. Ethyl (US) 1,019 -2 112. Albright & Wilson (UK) 1,014 5 113. UCB (Belgium) 1,006 8 Company Total Sales Net Profit Tax year “94-“95 Tax year “94-“95 (US$ million) (US$ million) 1. Hoechst (Germany) 30,640 841 2. DuPont (US) 39,333 2,727 3. BASF (Germany) 27,078 796 4. Bayer (Germany) 26,920 577 5. Unilever (Anglo-Dutch) 45,419 1,508 6. Mitsubishi Kasei (Japan) 1 15,058 34 7. Dow Chemical, (US) 20,015 931 8. ICI (UK) 14,519 297 9. Asahi Chemical (Japan) 2 11,180 85 10. Royal Dutch/Shell (Anglo-Dutch) 133,221 6,431 11. Akzo Nobel (Netherlands) 13,325 707 12. Elf Atochem (France) 3 10,526 0 13. Procter & Gamble (US) 30,296 2,211 14. Ciba-Geigy (Switzerland) 16,757 1,454 15. Sumitomo Chemical (Japan) 9,799 89 16. Exxon (US) 113,904 5,100 17. Rhone-Poulenc (France) 16,397 361 18. Toray (Japan) 8,583 138 19. Enichem (Italy) 7,090 498 20. Phillips Petroleum (US) 12,367 484 21. Solvay (Belgium) 8,200 29 22. Henkel (Germany) 8,723 288 23. Veba (Germany) 44,047 948 24. Formosa Plastics (Taiwan) 4 6,231 2,824 25. Monsanto (US) 2 8,272 622 26. 3M (US) 15,079 1,322 27. l Air Liquide (France) 5,721 442 28. General Electric (US) 60,109 4,726 29. Mitsui Toatsu (Japan) 5,545 548 30. BOC Group (UK) 5,503 688 31. Dainippon Ink and Chemical (Japan) 5,323 73 32. British Petroleum (UK) 5 52,323 2,492 33. Norsk Hydro (Norway) 10,562 597 34. DSM (Netherlands) 5,386 319 35. Zeneca (UK) 7,078 700 36. Union Carbide (US) 4,865 379 37. Occidental Petroleum (US) 9,236 -36 38. Showa Denko (Japan) 4,499 -186 39. Amoco (US) 30,362 1,789 40. Eastman Chemical (US) 4,329 336 41. Mobil (US) 67,383 1,079 42. Mitsui Petrochemical (Japan) 4,059 54 43. Huntsman (US) 4 282 n/a 44. PPG Industries (US) 6,331 515 45. Tosoh (Japan) 3,934 20 46. Total (France) 25,583 633 47. Sandoz (Switzerland) 6 12,061 1,318 48. Chevron (US) 35,130 1,693 49. Roche (Switzerland) 11,208 2,174 50. Mitsubishi Rayon (Japan) 3,616 19,989 51. Rohm and Haas (US) 3,534 257 52. Asahi Glass (Japan) 12,409 174 53. Arco Chemical (US) 3,423 269 54. Air Products and Chemicals (US) 3,485 248 55. Courtaulds (UK) 3,367 162 56. Morton International (US) 3,326 294 57. AlliedSignal (US) 12,817 759 58. Grace W.R., (US) 5 5,093 83 59. Kao (Japan) 7,503 215 60. Sherwin-Williams (US) 3,100 187 61. Degussa (Germany) 8,566 108 62. Ashland Oil (US) 1,033 197 63. Lafarge-Coppee (France) 10,040 518 64. Praxair (US) 2,711 203 65. Sabic (Saudi Arabia) 2,702 1,135 66. Hanson (UK) 17,694 1,683 67. Ube Industries (Japan) 7 7,002 29 68. Borealis (Finland/Norway) 8 2,561 68 69. EMC (France) 2,987 -94 71. Toyobo (Japan) 5,657 46 72. Petrofina (Belgium) 17,420 308 73. Reliance Industries (India) 2,067 313 74. Hercules (US) 2,821 274 75. Mitsubishi Gas Chem (Japan) 4 1,992 20 76. RWE (Germany) 34,565 691 77. FMC (US) 4,011 173 78. IMC Global (US) 9 1,924 4 79. Lyondell Petrochemical (US) 3,857 223 80. Nova (Canada) 10 2,658 408 81. M.A. Hanna (US) 1,719 43,294 82. Goodyear (US) 12,288 567 83. Cabot (US) 79 110 84. AGA (Sweden) 1,621 164 85. Lubrizol (US) 1,599 176 86. AECI (South Africa) 1,570 122 87. Johnson Matthey (UK) 11 3,441 101 88. Laporte Industries (UK) 1,545 71 89. Terra Industries (US) 1,666 57 90. OMV Group (Austria) 2 7,561 24 91. Wacker-Chemie (Germany) 1,486 63 92. EVC (Belgium) 1,481 66 93. Witco (US) 2,225 107 94. Methanex (Canada) 1,488 443 95. Nalco Chemical (US) 1,346 151 96. Int. Flavors & Fragrances (US) 1,315 226 97. Takeda Chemical (Japan) 8,670 578 98. Ajinomoto (Japan) 8,154 131 99. Alusuisse-Lonza (Switzerland) 5,699 157 100. Burmah Castrol (UK) 2,787 114 101. Geon (US) 1,209 57 102 Ecolab (US) 1,208 90 103. Olin (US) 2,658 91 104. Ferro (US) 1,194 47 105. Perstorp (Sweden) 1,344 72 106. Farmland (US) 6,678 74 107. BF Goodrich (US) 2,190 76 108. Cytec (US) 4 1,103 56 109. H.B. Fuller (US) 1,097 31 110. Albemarle (US) 4 1,081 51 111. Ethyl (US) 1,019 98 112. Albright & Wilson (UK) 1,014 -98 113. UCB (Belgium) 1,496 167 Notes: 1. Mitsubishi Kasei and Mitsubishi Yuka have since merged into Mitsubishi Kagaku. 2. Tax year ended 31 March 1994. 3. Parent company Elf Aquitaine also owns a smaller soda-ash operation. 4. Estimated. 5. Net income before tax. 6. Chemical group has since been separated and renamed Clariant. 7. Source: Merrill Lynch. 8. Company formed in 1994; no historical data. 9. Tax year ended 30 June 1995. 10. Sources: Company reports, Moody“s. 11. Chemical sales estimated from data in annual report. n/a: Not available. n/s: Not significant; historical data negative or non-existent. Sources: Annual reports, except as noted.