In 2022, the number of companies on the list of the world's top 50 chemical companies ranks first in China

In 2021, the global chemical industry will not only grow, but by a larger margin

BASF tops the list for the third year in a row

According to the US "Chemical and Engineering News", Germany's BASF has topped the list for the third consecutive year with sales revenue of US$92.

In addition, Sinopec continued to rank second in the ranking with chemical sales revenue of US$65.

In this year's Top 50 Global Chemical Industry Rankings, 9 Chinese companies are on the list, an increase of 2 from last year.

Among the top 50 companies that have risen in the rankings include INEOS, Wanhua Chemical, Blasco and Chevron Philips Chemicals, of which INEOS has risen from 16th last year to 6th this year , Wanhua Chemical rose from No.

For the first time, Switzerland-based European Chemical Group, as well as China's Tongkun Group and Hengyi Petrochemical, ranked 44th, 48th and 50th respectively in this year's ranking

Significant growth in both revenue and profit

According to the latest global chemical industry top 50 survey results released by the US "Chemical and Engineering News" magazine, the world's 50 largest chemical companies will have total chemical business sales of US$1.

Forty-one of the top 50 companies reported 2021 operating profit figures for their chemical business, totaling $127 billion, an increase of 148% year-over-year

There are two main reasons for the surge in chemical business sales revenue and operating profit of the Global Chemical 50 companies in 2021