Top 20 Global Chemical Companies by Revenue in 2025

DuPont announced its fourth-quarter and full-year 2025 financial results. Fourth-quarter net sales totaled $1.693 billion, compared to $1.689 billion in the prior-year period. Net loss attributable to DuPont’s common shareholders for the quarter was $126 million, versus a net loss of $117 million in the prior-year quarter. Full-year net sales amounted to $6.849 billion, up from $6.719 billion in the prior year. Full-year net loss attributable to DuPont’s common shareholders was $779 million, compared to net income of $703 million in the prior year. DuPont has already completed the spin-off of its Electronics Materials business into an independent, publicly traded company named Qnity Electronics. Huntsman Corporation announced its fourth-quarter and full-year 2025 financial results. Fourth-quarter revenue totaled $1.355 billion, down from $1.452 billion in the prior-year period. Net loss attributable to the company for the quarter was $96 million, versus a net loss of $141 million in the prior-year quarter. Full-year revenue amounted to $5.683 billion, down from $6.036 billion in the prior year. Full-year net loss attributable to the company was $284 million, versus a net loss of $189 million in the prior year. Industrial Gases Linde plc announced its fourth-quarter and full-year 2025 financial results. Fourth-quarter sales totaled $8.764 billion, up from $8.282 billion in the prior-year period. Operating profit for the quarter was $2.018 billion, versus $2.27 billion in the prior-year quarter. Net income for the quarter was $1.53 billion, versus $1.725 billion in the prior-year quarter. Full-year sales amounted to $33.986 billion, up from $33.005 billion in the prior year. Full-year operating profit was $8.923 billion, up from $8.635 billion in the prior year. Full-year net income was $6.898 billion, up from $6.565 billion in the prior year. Air Liquide announced its 2025 full-year results. Total revenue for the year was €26.94 billion (approximately $31.6 billion), down slightly from €27.058 billion in the prior year. Group net profit attributable to shareholders was €3.518 billion, up from €3.306 billion in the prior year. Air Products & Chemicals announced its first fiscal quarter results ended December 31, 2025. Quarterly sales totaled $3.103 billion, up from $2.932 billion in the prior-year quarter. Operating profit for the quarter was $735 million, versus $644 million in the prior-year quarter. Net income attributable to the company was $678 million, up from $617 million in the prior-year quarter. Crop Science Syngenta Group announced its fourth-quarter and full-year 2025 financial results. Fourth-quarter group revenue totaled $7.6 billion, up from $7.5 billion in the prior year. Of this, Syngenta Crop Protection revenue was $3.9 billion; Adama revenue was $1.0 billion; Syngenta Seeds revenue was $1.6 billion; and Syngenta Group China revenue was $1.8 billion. Quarterly group EBITDA was $900 million, down from $1.1 billion in the prior year. Full-year group revenue totaled $28.4 billion, down from $28.8 billion in the prior year. Full-year group EBITDA was $4.4 billion, up from $3.9 billion in the prior year. Of this, Syngenta Crop Protection revenue was $13.7 billion; Adama revenue was $4.1 billion; Syngenta Seeds revenue was $4.8 billion; and Syngenta Group China revenue was $8.3 billion.

Air Products Counters Activist Investors! New CEO News Also Emerges

After months of mounting pressure from activist investors, Air Products has finally launched its counteroffensive! Ahead of its annual general meeting, the company issued a letter to shareholders urging them to vote in favor of the board’s slate of director nominees—and not support the activist investors’ competing slate. The company also unveiled its CEO succession timeline. According to a report by the Gas Expo citing Air Products’ official website, the company’s Board of Directors issued a shareholder letter on December 4, highlighting key information shareholders should consider ahead of the 2025 annual meeting. First, Air Products emphasized that it is the world’s most profitable industrial gases company. “Adjusted EBITDA margins for Air Products’ core industrial gases business have reached an all-time high—leading the industry—and are driving earnings per share (EPS) growth. We continue to strengthen our core industrial gases business, with over 50% of total capital expenditures over the past four years allocated to this segment, while simultaneously developing the clean hydrogen market.” Second, Air Products stated that its first-mover advantage in the clean hydrogen sector is beginning to yield tangible results. “According to Deloitte research, clean hydrogen presents enormous value-creation opportunities for shareholders: revenues are projected to exceed $600 billion by 2030 and surpass $1 trillion by 2050. Air Products recently signed a 15-year agreement with TotalEnergies to supply 70,000 metric tons of green hydrogen annually starting in 2030—demonstrating strong near-term demand.” Third, Air Products continues prudent capital allocation—mitigating risks in its hydrogen business while delivering effective returns to shareholders. “Under the leadership of our CEO, disciplined capital allocation has enabled us to reduce risk exposure in the hydrogen business, invest in new projects expected to meet or exceed our internal return targets, and increase the compound annual growth rate of our dividend per share by 9%. Moreover, as capital expenditures slow, we expect to enhance shareholder returns through increased dividends and share repurchases.” Fourth, Air Products’ Board is actively identifying potential CEO successors. “In August of this year, Air Products announced it is seeking a President who will serve as a qualified successor to current CEO Seifi Ghasemi and join the Board. A presidential appointee—and the related ‘CEO succession timeline’—will be announced no later than March 31, 2025.” “Additionally, the Board has undergone meaningful renewal: six of its nine directors were appointed within the past five years—including two newly nominated directors, Bob Patel and Alfred Stern—who bring extensive experience in leading and overseeing public companies.” Fifth, replacing the entire Board would undermine stability, destroy value, and jeopardize Air Products’ future. “Activist investor Mantle Ridge is attempting to seize full control of the company without a well-considered plan, thereby halting our growth momentum. Holding only approximately 1.8% of Air Products’ shares, Mantle Ridge seeks to replace all of Air Products’ directors with its own unqualified nominees—and to replace both the CEO and executive management team.” The Board believes Mr. Ghasemi remains the right leader at this time, given his proven track record transforming Air Products into the world’s most profitable industrial gases company—and because the company stands at a pivotal moment in executing its clean hydrogen strategy.

Air Products & Chemicals Declares Quarterly Dividend

6 days ago

Air Products & Chemicals declared a quarterly dividend of USD 1.81 per share, payable on February 8, 2027. The industrial gas supplier made the announcement on October 22, 2026, for shareholders of record on January 4, 2027.

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