Zhongzhi Weiye Information | Q3 Financial Results of the World’s Top 50 Chemical Companies Released!

【Answer 1】 Covestro: Q3 sales amounted to €3.6 billion, down 22.7% year-on-year; EBITDA stood at €277 million; net profit was -€31 million, compared to €12 million in the same period last year. Solvay: Q3 net sales totaled €2.747 billion, down 20.3% organically; basic EBITDA reached €702 million, down 18.5% organically versus Q3 2022; cumulative net sales for the first nine months of 2023 were €9.001 billion, down 9.6% organically; EBITDA totaled €2.331 billion, down 1% organically year-on-year. AkzoNobel: Q3 sales reached €2.741 billion, up 5% at constant exchange rates; operating profit rose to €354 million, compared to €168 million in the same period of 2022. Lanxess: Q3 sales amounted to €1.601 billion, down 26.7% year-on-year; EBITDA stood at €119 million, down 50.4% year-on-year; net income declined from €80 million in the prior year to -€131 million. Wacker Chemie: Group sales in Q3 totaled €1.52 billion, down 29% year-on-year; EBITDA was €152 million, down 67% year-on-year; net profit for Q3 was €34 million. Clariant: Organic sales in Q3 amounted to CHF 1.031 billion, down 8% year-on-year; EBITDA margin declined to 15.4%, compared to 16.8% in the prior-year quarter. Cumulative sales for the first nine months of 2023 totaled CHF 3.315 billion, down 7% year-on-year. North America Dow: Q3 net sales totaled $10.7 billion, down 24% year-on-year; GAAP net income was $327 million, compared to $760 million in the same period last year. LyondellBasell: Q3 sales revenue was $10.625 billion, down 13.3% year-on-year from $12.25 billion; EBITDA was $1.356 billion, up 21.8% year-on-year from $1.108 billion. Sherwin-Williams: Q3 net sales totaled $6.117 billion, up 1.1% year-on-year; net profit was $298 million, up 10.7% year-on-year; EBITDA was $1.27 billion, up 12.6% year-on-year. Nutrien: Q3 sales totaled $5.631 billion, down 31% year-on-year from $8.188 billion; net profit was $82 million, down 95% year-on-year from $1.853 billion. PPG: Q3 net sales totaled $4.644 billion, up 4% year-on-year; net profit was $430 million, up 29% year-on-year. Ecolab: Q3 net sales totaled $3.958 billion, up 8% year-on-year from $3.669 billion; net profit was $404 million, up 16% year-on-year from $347 million. Mosaic: Q3 revenue totaled $3.5 billion, down approximately 34% year-on-year; net loss was $4 million, compared to net income of $842 million in the prior year; EBITDA was $594 million, down 65% year-on-year.

Tu Caijing | Sherwin-Williams’ Revenue for First Three Quarters of 2022 Reached RMB 122.7 Billion, Net Profit RMB 11.8 Billion, with a Profit Margin of ~10%

【Answer 2】 On November 4, the official WeChat account “Sherwin-Williams” released the company’s Q3 2022 financial results: In Q3, Sherwin-Williams achieved net sales of approximately $6.05 billion (RMB 43.872 billion), an increase of 17.5% year-on-year from $5.15 billion; net profit reached $685 million (RMB 4.967 billion), up 36.45% year-on-year from $502 million. For the first nine months of 2022, Sherwin-Williams generated revenue of $16.918 billion (RMB 122.683 billion), up 11.43% year-on-year; net profit totaled $1.634 billion (RMB 11.849 billion), up 4.49% year-on-year. Compared with its long-time rival PPG, whose revenue for the same period was $13.467 billion (RMB 9.7301 billion), Sherwin-Williams outperformed by RMB 25.382 billion—equivalent to the entire annual sales volume of China-based Nippon Paint (RMB 28 billion in 2021)—firmly securing its position as the world’s largest coatings company. John G. Morikis, Chairman and CEO of Sherwin-Williams, stated: “Our team delivered record-breaking sales in the third quarter, driven by our continued focus on delivering innovative solutions to our customers.” With Sherwin-Williams’ announced acquisition of Italian wood coatings manufacturer ICA Group (Industria Chimica Adriatica S.p.A., branded as “Italica”), and its agreement to acquire Dur-A-Flex—a coatings company—from German firm Gross & Perthun, the company’s future sales are expected to rise further, widening its lead over competitors.

Sherwin-Williams Schedules Third-Quarter Earnings Release

Oct 16, 2026

Sherwin-Williams Co announced its third-quarter results release date for October 27, 2026. Analysts anticipate data on sales growth and demand trends across its paint and coatings segments.

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