2021 Annual Financial Summary of the World’s Top 50 Chemical Companies! BASF, DuPont, China’s ‘Three Oil Giants’, Wanhua Chemical, and Hengli—Who Made the Most Profit?

【Answer 1】 Henkel Group achieved sales of €20.066 billion in fiscal year 2021, with organic sales growth of 7.8%; adjusted EBIT (adjusted EBIT margin) rose 4.2% year-on-year to €2.686 billion, up from €2.579 billion in fiscal year 2020. Lanxess reported sales of €7.557 billion in 2021, an increase of 23.8% over €6.104 billion in the prior year. EBITDA excluding special items grew 17.2% to €1.010 billion, compared to €862 million in the prior year. AkzoNobel’s 2021 revenue rose 12% to €9.587 billion; operating profit increased 16% to €1.118 billion. Syngenta Group’s 2021 revenue rose 23% ($5.2 billion) year-on-year to $28.2 billion. Full-year EBITDA totaled $4.6 billion, up 14% year-on-year. Yara International’s 2021 revenue was $16.6 billion, with EBITDA of $2.8 billion. II. North America Dow’s 2021 sales totaled $55.0 billion, with operating EBIT of $9.5 billion; profitability improved across all operating segments. Operating cash flow reached $7.1 billion, and annual return on capital exceeded 22%. DuPont achieved net sales of approximately $16.7 billion in 2021, up 16% year-on-year; operating EBITDA was $4.2 billion, up 21% year-on-year; full-year adjusted earnings per share were $4.30. Eastman Chemical saw growth across all businesses, driving sales up 24% to $10.476 billion; EBIT totaled $1.281 billion. Celanese reported net sales of $8.5 billion in 2021, up 51% year-on-year—driven by a 39% price increase and a 10% volume increase. Adjusted EBIT was $2.5 billion, a new record high. Air Products’ fiscal year 2021 sales were $10.3 billion, up 17% year-on-year. Net income was $2.099 billion, versus $1.887 billion in the prior year. Ecolab’s 2021 revenue was $12.733 billion, up 8% year-on-year; net income attributable to common shareholders was $1.130 billion, up 193.76% year-on-year. International Flavors & Fragrances (IFF) reported net sales of $11.66 billion in 2021, up 129% year-on-year; EBITDA was $2.43 billion, up $1.37 billion from $1.06 billion in 2020. Huntsman achieved revenue of $8.453 billion in 2021, with net income of $1.104 billion, adjusted net income of $784 million, and adjusted EBITDA of $1.343 billion. Celanese reported net sales of $8.5 billion in 2021, up 51% year-on-year; consolidated operating profit reached $1.9 billion and adjusted EBIT $2.5 billion—both record highs. Westlake Chemical’s 2021 sales totaled $11.8 billion, up 57% from 2020; EBITDA was $3.7 billion, up 196% versus the three-year average.

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【Answer 2】 Lanxess posted a sharp 38.2% increase in third-quarter sales to €2.185 billion; EBITDA before non-recurring items reached €240 million, up 4.8% year-on-year. Wacker Chemie AG reported group sales of €2.13 billion for the third quarter, up 29% year-on-year; EBITDA was €457 million, up 2% year-on-year. Clariant’s third-quarter sales amounted to CHF 1.312 billion, up 27% year-on-year; EBITDA rose to CHF 220 million, with a corresponding margin of 16.8%. North America Dow’s third-quarter net sales were $14.1 billion, down 5% year-on-year; GAAP net income was $760 million; operating EBIT was $1.2 billion, versus $2.9 billion in the prior-year quarter. Nutrien’s third-quarter revenue rose 35.9% year-on-year to $8.19 billion; adjusted net income was $1.58 billion, up 118% year-on-year. Sherwin-Williams reported third-quarter net sales of approximately $6.05 billion, up 17.5% year-on-year; net income reached $685 million, up 36.45% year-on-year. For the first nine months, revenue totaled $16.918 billion, up 11.43% year-on-year; net income was $1.634 billion, up 4.49% year-on-year. Mosaic’s third-quarter revenue was $5.349 billion, up 56% year-on-year; net income was $842 million, versus $372 million in the prior-year quarter. PPG Industries achieved third-quarter revenue of $4.468 billion, up ~2% year-on-year; net income was $329 million, down 4% year-on-year; adjusted net income was $393 million, down 3% year-on-year. For the first nine months, net sales totaled $13.467 billion, up 6.35% year-on-year; net income was $788 million, down 46.32% year-on-year. Westlake Chemical reported third-quarter net sales of $4.0 billion, net income of $401 million, and EBITDA of $804 million. Ecolab’s third-quarter sales were $3.7 billion, up 10% year-on-year; net income attributable to Ecolab was $347 million, up 7% year-on-year. DuPont’s third fiscal quarter revenue was $3.317 billion, down 22.34% year-on-year; EBITDA was $856 million, up 5% year-on-year. Corteva’s third-quarter revenue was $2.78 billion, up 17% year-on-year. Total revenue for the first nine months was $13.63 billion, up 12% year-on-year. Eastman Chemical’s third-quarter sales were $2.709 billion; excluding the divestiture of its rubber additives and adhesive resins business lines and foreign exchange impacts, sales rose 13% year-on-year; EBIT was $324 million; adjusted EBIT was $333 million. Celanese reported third-quarter net sales of $2.3 billion, down 7% sequentially; adjusted EBIT was $510 million. CF Industries’ third-quarter net sales were $2.321 billion, up 70.6% year-on-year from $1.362 billion; net income was $438 million, versus a net loss of $185 million in the prior-year quarter.