Top 20 Global Chemical Companies by Revenue in 2025

International Flavors & Fragrances Inc. (IFF) announced its fourth-quarter and full-year 2025 financial results. Fourth-quarter net sales totaled $2.589 billion, down 7% year-on-year from $2.771 billion. Operating profit for the quarter was $97 million, down 24% from $127 million a year earlier. Net income attributable to company shareholders amounted to $18 million, compared to a net loss of $60 million in the prior-year period. Full-year net sales were $10.89 billion, down 5% from $11.184 billion in 2024. Full-year operating loss was $382 million, versus operating income of $766 million in 2024. Full-year net loss attributable to company shareholders was $374 million, compared to net income of $263 million in 2024. Celanese Corporation announced its fourth-quarter and full-year 2025 financial results. Fourth-quarter net sales totaled $2.204 billion, down from $2.358 billion a year earlier. Operating profit for the quarter was $93 million, versus an operating loss of $1.419 billion in the prior-year period. Net income for the quarter was $22 million, versus a net loss of $1.922 billion a year earlier. Full-year net sales were $9.544 billion, down from $10.268 billion in 2024. Full-year operating loss was $786 million, versus an operating loss of $720 million in 2024. Full-year net loss was $1.151 billion, versus a net loss of $1.534 billion in 2024. Eastman Chemical Company announced its fourth-quarter and full-year 2025 financial results. Fourth-quarter sales totaled $1.973 billion, down from $2.245 billion a year earlier. Net income attributable to the company was $105 million, versus $330 million in the prior-year period. Full-year sales were $8.752 billion, down from $9.382 billion in 2024. Full-year net income attributable to the company was $474 million, versus $905 million in 2024. DuPont de Nemours, Inc. announced its fourth-quarter and full-year 2025 financial results. Fourth-quarter net sales totaled $1.693 billion, up slightly from $1.689 billion a year earlier. Net loss attributable to common shareholders for the quarter was $126 million, versus a net loss of $117 million in the prior-year period. Full-year net sales were $6.849 billion, up from $6.719 billion in 2024. Full-year net loss attributable to common shareholders was $779 million, versus net income of $703 million in 2024. DuPont has previously 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 a year earlier. Net loss attributable to the company for the quarter was $96 million, versus a net loss of $141 million in the prior-year period. Full-year revenue was $5.683 billion, down from $6.036 billion in 2024. Full-year net loss attributable to the company was $284 million, versus a net loss of $189 million in 2024. 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 a year earlier.

MDI’s Year-Long Low Prices Force Unavoidable Adjustments—Huntsman’s Response

In Q4 2024, Huntsman reported revenue of $1.452 billion and a net loss of $141 million. For the full year 2024, revenue totaled $6.036 billion—a 1.3% decline year-on-year—with a net loss of $189 million (compared to net income of $101 million in 2023). Adjusted net loss was $13 million, and adjusted EBITDA stood at $414 million—a 12.3% decline year-on-year. Only Q2 delivered net income; all other quarters posted losses, resulting in an overall net loss for the year. By business segment, the Polyurethanes division—the company’s core business unit—accounted for 58% of total 2024 revenue. Its full-year EBITDA margin contracted by 320 basis points to 11.2%. The Performance Materials segment saw revenue decline by 9.4%, while the Advanced Materials segment’s EBITDA fell by 28%. Related reading: The Challenges Behind Huntsman’s Results: Structural Cost Reduction on a Path Toward Market Restructuring High energy costs, excessive regulatory burdens, and overcapacity have severely impacted industry conditions in Europe. Entering 2025, construction and automotive markets—which together account for roughly two-thirds of Huntsman’s business portfolio—remain sluggish. According to Peter R. Huntsman, Chairman, President, and CEO, Huntsman’s core markets remain at a trough. Consequently, the company will continue aggressively reducing costs—including announcing workforce reductions within the Polyurethanes division—and begin evaluating strategic options for its European maleic anhydride business. It will also shut down downstream polyurethane facilities. During the full-year 2024 analyst conference call, Huntsman disclosed that it had already closed or sold PU systems plants in Malaysia, Thailand, Indonesia, and Italy, and subsequently announced the closure of facilities in Deggendorf, Germany, and Kings Lynn, UK. Polyurethanes constitute Huntsman’s core business. Its global capacities for MDI, polyols, and TPU stand at 1.35 million tons, 320,000 tons, and 50,000 tons, respectively, with production sites located in China, the United States, Canada, and the Netherlands.

Huntsman (HUN) Expected to Announce Quarterly Earnings on Monday

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Huntsman Corp expects to report Q3 2026 earnings with forecasts of $0.0736 EPS and $1.61B revenue. The stock sits near a 52-week low even as CEO Peter Huntsman increased his personal holdings.

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