20 Companies! Summary of Chemical Giants’ 2024 Financial Results!

Notably, DuPont announced on January 15 that it no longer intends to spin off its water solutions business, and will instead proceed with the spin-off of its electronics business. Celanese On February 18, Celanese—a global chemical and specialty materials company—reported full-year 2024 net sales of $10.3 billion, down 6% year-on-year, primarily due to persistently weak global demand across key end markets including automotive, paints & coatings, construction, and industrial sectors—posing headwinds throughout the year. Full-year consolidated operating loss amounted to $697 million; adjusted EBIT was $1.6 billion (down 6% year-on-year); and operating EBITDA totaled $2.4 billion. Corresponding margins were (7%) for operating margin, 16% for adjusted EBIT margin, and 23% for operating EBITDA margin. Additionally, Celanese announced plans to cease production and shut down its Mylar specialty film manufacturing operation in Luxembourg—a 50/50 joint venture with Teijin. This move aligns with the company’s core principle of exiting high-cost facilities. Lanxess On January 20, Lanxess issued a preliminary earnings announcement, forecasting Q4 2024 EBITDA of approximately €159 million—22% above the current market consensus of €130 million (VARA consensus). Accordingly, full-year 2024 EBITDA before non-recurring items is expected to reach approximately €614 million—about 20% higher than the prior year—and at the upper end of the previously guided 10–20% growth range. The strong Q4 performance was driven primarily by better-than-expected December sales, particularly due to customer pre-purchasing. This advance-sales effect occurred mainly in the U.S., targeting products from Lanxess’s Specialty Additives and Consumer Protection divisions. Huntsman On February 17, Huntsman Corporation released its 2024 financial results: full-year revenue totaled approximately $6.0 billion, with a net loss of $189 million. Specifically, Q4 2024 revenue amounted to $1.452 billion, with a net loss attributable to Huntsman of $141 million and an adjusted net loss attributable to Huntsman of $43 million; adjusted EBITDA stood at $71 million. Huntsman’s quarterly results for the first three quarters of 2024 were as follows: Q3 revenue was $1.54 billion with a net loss of $33 million; Q2 revenue was $1.574 billion with net income of $22 million; and Q1 revenue was $1.47 billion with a net loss of $37 million. Syensqo On February 27, Syensqo released its 2024 financial results: net sales totaled €6.6 billion, reflecting an organic decline of 3% year-on-year—mainly attributable to price reductions (−4%); EBITDA reached €1.4 billion, in line with expectations. In Q4 2024, net sales amounted to €1.6 billion, representing an organic increase of 2% year-on-year—driven primarily by volume growth (+3%). EBITDA for the quarter was €298 million, up 5% organically year-on-year, with contributions from both the Materials and Consumer & Resources businesses. Additionally, in 2025, Syensqo will continue evaluating various initiatives to accelerate value creation—including asset divestitures—to become a more focused specialty chemicals company.

Global Chemical Companies’ Top 20 Revenue Rankings for 2025

International Flavors & Fragrances Inc. (IFF) announced its Q4 and full-year 2025 financial results. Q4 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 in the prior-year period. Net income attributable to the company was $18 million, compared to a net loss of $60 million in the prior-year quarter. Full-year net sales amounted to $10.89 billion, down 5% from $11.184 billion in 2024. Full-year operating loss totaled $382 million, versus operating income of $766 million in 2024. Full-year net loss attributable to the company was $374 million, compared to net income of $263 million in 2024. Celanese announced its Q4 and full-year 2025 financial results. Q4 net sales totaled $2.204 billion, down from $2.358 billion in the prior-year quarter. Operating profit for the quarter was $93 million, versus an operating loss of $1.419 billion in the prior-year quarter. Net income for the quarter was $22 million, versus a net loss of $1.922 billion in the prior-year quarter. Full-year net sales totaled $9.544 billion, down from $10.268 billion in 2024. Full-year operating loss was $786 million, versus $720 million in 2024. Full-year net loss was $1.151 billion, versus $1.534 billion in 2024. Eastman Chemical Company announced its Q4 and full-year 2025 financial results. Q4 sales totaled $1.973 billion, down from $2.245 billion in the prior-year quarter. Net income attributable to the company was $105 million, versus $330 million in the prior-year quarter. Full-year sales totaled $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 announced its Q4 and full-year 2025 financial results. Q4 net sales totaled $1.693 billion, up slightly from $1.689 billion in the prior-year quarter. Net loss attributable to common shareholders was $126 million, versus $117 million in the prior-year quarter. Full-year net sales totaled $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 already completed the spin-off of its Electronics Materials business into an independent, publicly traded company named Qnity Electronics. Huntsman Corp announced its Q4 and full-year 2025 financial results. Q4 revenue totaled $1.355 billion, down from $1.452 billion in the prior-year quarter. Net loss attributable to the company was $96 million, versus $141 million in the prior-year quarter. Full-year revenue totaled $5.683 billion, down from $6.036 billion in 2024. Full-year net loss attributable to the company was $284 million, versus $189 million in 2024. Industrial Gases Linde plc announced its Q4 and full-year 2025 financial results. Q4 sales totaled $8.764 billion, up from $8.282 billion in the prior-year quarter.

Revenue rose to $1.72B, but Huntsman (HUN) cut its quarterly dividend from $0.25 per share.

Nov 3, 2026

Huntsman reported increased Q3 revenue but cut its quarterly dividend to $0.0875 per share while posting a net loss. Additionally, shareholders approved its all-stock merger with Olin Corporation, set to close in Q1 2027.

Stock Titan

2026-02-18

Huntsman Q4 earnings down on pricing, MDI outage

2026-03-28

Huntsman Corp Stock: A Deep Dive into Chemical Industry Resilience and Investor Opportunities in 2026

2026-03-29

Huntsman stock surges 63% after Fair Value spotted opportunity

2026-04-05

Huntsman Textile Effects Introduces High IQ Lasting Black Eco Dye

2026-04-06

Huntsman Corp (HUN) Shares Down 4.73% on Apr 6