echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > International Chemical > The first quarter transcripts of the world's 50 chemical companies released

    The first quarter transcripts of the world's 50 chemical companies released

    • Last Update: 2021-06-21
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Recently, the world's major chemical listed companies have announced the results of the first quarter of 2021.
    This article collates the financial reports of 50 large chemical companies
    .

    Europe

    Europe

    BASF's sales in the first quarter of 2021 increased by 2.
    6 billion euros from the same period last year to 19.
    4 billion euros (approximately 23.
    6 billion U.
    S.
    dollars)
    .


    Excluding special items, earnings before interest, taxes, depreciation and amortization increased by 602 million euros to 3.


    LyondellBasell's revenue for the first quarter of 2021 was US$9.
    082 billion, compared with US$7.
    494 billion in the same period last year
    .


    Net profit for the quarter was US$1.


      Linde plc's revenue for the first quarter of 2021 was US$7.
    243 billion, compared with US$6.
    739 billion in the same period last year
    .


    Net profit for the quarter was US$980 million, compared with US$573 million in the same period last year


      Air Liquide's revenue was 5.
    334 billion euros (about 6.
    48 billion U.
    S.
    dollars) in the first quarter, down 0.
    7% year-on-year
    .

      Evonik's sales in the first quarter of 2021 increased by 4% year-on-year to 3.
    36 billion euros (approximately US$4.
    1 billion)
    .


    Adjusted EBITDA was 588 million euros, an increase of 15% over the same period in 2020


      Covestro's group sales in the first quarter of 2021 increased by 18.
    8% year-on-year to 3.
    3 billion euros (approximately US$4 billion)
    .


    Earnings before interest, taxes, depreciation and amortization (EBITDA) reached 743 million euros, almost three times the 254 million euros in the same period last year


      Solvay's net sales in the first quarter of 2021 were 2.
    373 billion euros (approximately US$2.
    9 billion), an increase of 1.
    9% year-on-year, mainly driven by strong demand from the automotive industry
    .


    Basic earnings before interest, taxes, depreciation and amortization (EBITDA) 583 million euros, an increase of 10.


      German applied chemicals and consumer products giant Henkel Group (Henkel) Group sales of 4.
    968 billion euros in the first quarter, an increase of 0.
    8% year-on-year
    .

      Arkema Group (Arkema) has strong earnings growth in the first quarter of 2021, with sales of 2.
    23 billion euros (approximately US$2.
    7 billion), an increase of 12.
    7% over the first quarter of 2020
    .


    Earnings before interest, tax, depreciation and amortization (EBITDA) was 358 million euros, a sharp increase of nearly 20%, and it was 300 million euros in the first quarter of 2020


      DSM's sales in the first quarter of 2021 were 2.
    194 billion euros (approximately 2.
    67 billion US dollars), compared with 2.
    045 billion euros in the same period last year
    .


    The adjusted EBITDA profit was 441 million euros, compared with 413 million euros the previous year


      Specialty chemicals company LANXESS' sales in the first quarter of 2021 were 1.
    693 billion euros (approximately 2.
    06 billion US dollars), which was the same as the 1.
    704 billion euros in the same period last year
    .
    The profit before interest, tax, depreciation and amortization in the regular business scope was 242 million euros, which was the same as the 245 million euros in the same period of the previous year
    .

      Bayer AG's sales in the first quarter increased by 2.
    8% to 12.
    328 billion euros
    .
    Earnings before interest, taxes, depreciation and amortization excluding special items fell by 6.
    2% to 4.
    118 billion euros
    .
    Earnings before interest and taxes increased by 23.
    4% to 3.
    083 billion euros
    .
    Net income increased by 40.
    3% to 2.
    089 billion euros
    .

      The first-quarter financial report of the agricultural technology company Syngenta Group showed that thanks to the strong performance of the Chinese market, sales soared by 20% year-on-year to US$7.
    1 billion, of which sales in China reached US$2.
    2 billion
    .

      Yara International ASA's revenue for the first quarter of 2021 was US$3.
    142 billion, compared with US$2.
    851 billion in the same period last year
    .
    Net profit for the quarter was US$14 million, and a net loss of US$119 million in the same period last year
    .

      AkzoNobel's revenue for the first quarter of 2021 was 2.
    263 billion euros (approximately 2.
    75 billion US dollars), compared with 2.
    058 billion euros in the same period last year
    .
    Net profit for the quarter was 217 million euros, compared with 114 million euros in the same period last year
    .

      WACKER Group’s sales in the first quarter of 2021 were 1.
    36 billion euros, an increase of 14% over the same period of the previous year; EBITDA rose to 246 million euros mainly due to a significant increase in sales, an increase of 42% over the same period last year; net profit was 1.
    07 Billion euros
    .

      Johnson Matthey announced its results for the fiscal year ending March 31, 2021
    .
    The annual revenue was 15.
    673 billion pounds, an increase of 8% from 14.
    577 billion pounds last year
    .
    Operating profit was 323 million pounds, a decrease of 17% from the previous year's 388 million pounds
    .

      In the first quarter of 2021, Jotun achieved sales revenue of NOK 5.
    485 billion (approximately US$641.
    7 million), a year-on-year increase of 7.
    9%; basic sales increased by 17%
    .
    Operating profit was NOK 1.
    120 billion, an increase of 41.
    5% year-on-year
    .

    North America

    North America

      Dow's net sales in the first quarter of 2021 were US$11.
    882 billion, compared with US$9.
    77 billion in the same period last year
    .
    Net profit for the quarter was US$991 million, compared with US$239 million in the same period last year
    .

      DuPont (DuPont de Nemours, Inc.
    ) net sales of 3.
    976 billion U.
    S.
    dollars in the first quarter of 2021, compared with 3.
    67 billion U.
    S.
    dollars in the same period last year
    .
    Net profit for the quarter was US$5.
    394 billion, and a net loss of US$616 million in the same period last year
    .

      Ecolab's net sales in the first quarter of 2021 were US$2.
    885 billion, compared with US$3.
    021 billion in the same period last year
    .
    Net profit for the quarter was US$194 million, compared with US$283 million in the same period last year
    .

      Air Products & Chemicals Inc.
    announced its results for the second fiscal quarter ending March 31, 2021
    .
    Quarterly sales were US$2.
    503 billion, compared with US$2.
    226 billion in the same period last year
    .
    Net profit for the quarter was US$473 million, compared with US$478 million in the same period last year
    .

      In the first quarter of 2021, International Flavors and Fragrances had net sales of US$2.
    465 billion, compared with US$1.
    347 billion in the same period last year
    .
    Net loss for the quarter was US$42 million, compared with a net profit of US$124 million in the same period last year
    .

      Eastman Chemical Company's sales in the first quarter of 2021 were US$2.
    409 billion, compared with US$2.
    241 billion in the same period last year
    .
    Net profit for the quarter was US$274 million, compared with US$258 million in the same period last year
    .

      Westlake Chemical Corporation's net sales in the first quarter of 2021 were US$2.
    357 billion, compared with US$1.
    932 billion in the same period last year
    .
    Net profit for the quarter was US$242 million, compared with US$145 million in the same period last year
    .

      Huntsman Corp's revenue in the first quarter of 2021 was US$1.
    837 billion, compared with US$1.
    593 billion in the same period last year
    .
    Net profit for the quarter was US$100 million, compared with US$708 million in the same period last year
    .

      Celanese's net sales in the first quarter of 2021 were US$1.
    798 billion, compared with US$1.
    591 billion in the same period last year
    .
    Net profit for the quarter was US$323 million, compared with US$1.
    454 billion in the same period last year
    .

      Corteva, Inc.
    's net sales in the first quarter of 2021 were US$4.
    178 billion, compared with US$3.
    956 billion in the same period last year
    .
    Net profit for the quarter was US$600 million, compared with US$272 million in the same period last year
    .

      Mosaic Company's first net sales in 2021 were US$2.
    297 billion, compared with US$1.
    798 billion in the same period last year
    .
    Net profit for the quarter was US$157 million, and a net loss of US$203 million in the same period last year
    .

      Sherwin-Williams' net sales in the first quarter of 2021 were US$4.
    656 billion, compared with US$4.
    157 billion in the same period last year
    .
    Net profit for the quarter was US$410 million, compared with US$322 million in the same period last year
    .

      PPG Industry's net sales in the first quarter of 2021 were US$3.
    881 billion, compared with US$3.
    377 billion in the same period last year
    .
    Net profit for the quarter was US$378 million, compared with US$242 million in the same period last year
    .

      Axalta Coating Systems' first quarter 2021 results
    .
    Net sales for the quarter were US$1.
    064 billion, compared with US$983 million in the same period last year
    .
    Net profit for the quarter was US$15.
    2 million, compared with US$52.
    2 million in the same period last year
    .

      In the first quarter of 2021, Nutrien's net profit attributable to ordinary shareholders of the parent company was US$133 million, and its adjusted profit before interest and tax was US$806 million; operating income was US$20.
    908 billion, a year-on-year increase of 4.
    42%
    .

      RPM announced its financial results for the third quarter of fiscal 2021 as of February 28, 2021.
    It achieved net sales of US$4.
    361 billion (approximately RMB 28.
    548 billion), a year-on-year increase of 7.
    7%; net profit was 3.
    47 Billion US dollars (approximately RMB 2.
    271 billion), an increase of 77% year-on-year
    .

    Asia

    Asia Asia

      Saudi Basic Industries Corporation (SABIC)’s revenue in the first quarter of 2021 was 32.
    847 billion Saudi Riyals (approximately US$10 billion), an increase of 24% over the same period of the previous year; A loss of 1.
    05 billion riyals
    .

      South Korea's LG Chem's sales in the first quarter of 2021 were 9.
    650 billion won (approximately US$8.
    64 billion), an increase of 43.
    4% compared to the same period last year
    .
    Operating profit was 1408.
    1 billion won, a year-on-year increase of 584.
    0%.
    Since the establishment of the company, it exceeded 1 trillion won for the first time
    .

      Hengli Petrochemical achieved operating income of 53.
    231 billion yuan (approximately US$8.
    32 billion) in the first quarter of 2021, a year-on-year increase of 78.
    80%; net profit attributable to shareholders of listed companies was 4.
    111 billion yuan, a year-on-year increase of 91.
    81%
    .

      Rongsheng Petrochemical disclosed its first quarterly report for 2021, and realized total operating income of 34.
    58 billion yuan (approximately US$5.
    4 billion), an increase of 64.
    3% year-on-year; net profit attributable to parent company was 2.
    62 billion, an increase of 113.
    9% year-on-year
    .

      Wanhua Chemical disclosed its first quarterly report for 2021, and realized revenue of 31.
    312 billion yuan (approximately US$4.
    9 billion), a year-on-year increase of 104.
    08%; net profit was 6.
    621 billion yuan, a year-on-year increase of 380.
    82%
    .

      Hengyi Petrochemical disclosed the first quarter report of 2021, showing that operating income was 30.
    845 billion yuan (approximately US$4.
    8 billion), a year-on-year increase of 63.
    44%; net profit attributable to shareholders of listed companies was 1.
    213 billion yuan, a year-on-year increase of 48.
    71%
    .

      Zhongtai Chemical released its first quarterly report for 2021, showing that operating income was 22.
    209 billion yuan (approximately US$3.
    47 billion), an increase of 40.
    25% year-on-year; net profit attributable to the parent was 732 million yuan, an increase of 2521.
    6% year-on-year
    .

      Oriental Shenghong’s report for the first quarter of 2021 showed that in the first quarter of 2021, it achieved operating income of 6.
    465 billion yuan, a year-on-year increase of 52.
    77%; net profit attributable to shareholders of listed companies was 601 million yuan, a year-on-year increase of 205.
    29%
    .

      Lotte Chemical announced its operating results for the first quarter of 2021, with sales of 4,168.
    3 billion won (approximately US$3.
    73 billion), an increase of 29.
    5% compared to the same period last year
    .
    Operating profit was 623.
    8 billion won, a year-on-year increase of 188.
    5%
    .

      Mitsubishi Chemical Holdings announced its fiscal year results (April 2020-March 2021)
    .
    Fiscal year revenue was 3,257.
    5 billion yen (approximately US$29.
    7 billion), a decrease of 9% from the 3.
    5805 billion yen in the previous fiscal year
    .
    Operating profit for the fiscal year was 47.
    518 billion yen, a decrease of 67.
    1% from the 144.
    285 billion yen in the previous fiscal year
    .
    The fiscal year's net loss was 7.
    557 billion yen, and the last fiscal year's net profit was 54.
    077 billion yen
    .

      Sumitomo Chemical announced its fiscal year results (April 2020-March 2021)
    .
    Fiscal year revenue was 2,287 billion yen (approximately 20.
    6 billion U.
    S.
    dollars), compared with 2,225.
    8 billion yen in the previous fiscal year
    .
    Operating profit in the fiscal year was 137.
    115 billion yen, compared with 137.
    517 billion yen in the previous fiscal year
    .
    Net profit for the fiscal year was 46.
    043 billion yen, compared with 30.
    926 billion yen in the previous fiscal year
    .

      Asahi Kasei announced its fiscal year results (April 2020-March 2021)
    .
    Net sales in the fiscal year were 2106.
    0 billion yen (approximately $19.
    2 billion), compared with 2151.
    6 billion yen in the previous fiscal year
    .
    Operating profit for the fiscal year was 171.
    8 billion yen, compared with 177.
    3 billion yen in the previous fiscal year
    .
    The net profit for the fiscal year was 79.
    768 billion yen, compared with 103.
    931 billion yen in the previous fiscal year
    .

      Japan’s Toray Corporation (TORAY) announced the fiscal year 2020 (as of March 2021) consolidated financial report data showed that net profit fell 46% year-on-year to 45.
    8 billion yen, and sales fell 10% year-on-year to 1.
    8836 trillion yen (approximately 17.
    2 billion U.
    S.
    dollars)
    .

      Shin-Etsu Chemical announced its fiscal year results (April 2020-March 2021)
    .
    Net sales in the fiscal year were 1,496.
    9 billion yen (approximately $13.
    7 billion), compared with 1,543.
    5 billion yen in the previous fiscal year
    .
    Operating profit for the fiscal year was 392.
    2 billion yen, compared with 406 billion yen for the previous fiscal year
    .
    Net profit in the fiscal year was 293.
    7 billion yen, compared with 314 billion yen in the previous fiscal year
    .

      NIPPON PAINT HOLDINGS CO.
    , LTD.
    announced the results for the first quarter of 2021
    .
    Quarterly revenue was 231.
    4 billion yen (approximately 2.
    11 billion US dollars), compared with 162.
    9 billion yen in the same period last year
    .
    Operating profit for the quarter was 26.
    3 billion yen, compared with 15.
    2 billion yen in the same period last year
    .
    Net profit for the quarter was 17.
    7 billion yen, compared with 7.
    5 billion yen in the same period last year
    .

      Kansai Paint's 2021 fiscal year (April 1, 2020 to March 31, 2021) performance report shows that the company achieved sales revenue of 364.
    6 billion yen for the full fiscal year, a year-on-year decrease of 10.
    4%; operating profit was 31.
    2 billion yen, A year-on-year decline of 0.
    9%; net profit attributable to the parent was 20 billion yen, an increase of 8.
    4% year-on-year
    .


    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.