20 Major Chemical Giants’ 2024 Performance Summary!

As of March 1, global chemical giants have successively released their 2024 financial results—including BASF, Dow, Covestro, Arkema, DuPont, Huntsman, Lanxess, Celanese, Syensqo, Trinseo, INEOS, Honeywell, Clariant, Eastman, SABIC, Chemours, LyondellBasell, ExxonMobil, LG Chem, and Avient—totaling 20 companies. Given market conditions in 2024, several giants announced a series of cost-reduction measures. Specifically: BASF On February 28, BASF published its full-year 2024 results. Total sales amounted to €65.3 billion (approx. RMB 49.649 billion), down from €68.9 billion in 2023—a decrease of €3.6 billion. EBITDA stood at €6.7 billion, down €0.5 billion year-on-year (€7.2 billion in 2023); EBIT was €2.0 billion, down €0.206 billion; net income reached €1.3 billion, significantly exceeding €0.225 billion in 2023. By the end of 2024, BASF had incurred approximately €0.9 billion in one-time costs related to its cost-savings program. Dow On January 30, Dow released its latest financial report: full-year 2024 net sales totaled $43.0 billion, down from $44.6 billion in 2023—a reduction of $1.6 billion; GAAP net income was $1.2 billion, up from $0.66 billion in 2023; operating EBIT was $2.6 billion, down from $2.8 billion in 2023. Operating cash flow from continuing operations amounted to $2.9 billion, down from $5.2 billion in 2023. The report indicated that Dow is implementing measures to cut costs by $1.0 billion—including eliminating 1,500 positions globally. Covestro On February 26, Covestro released its fiscal 2024 results: sales declined 1.4% to €14.2 billion (€14.4 billion in the prior year), primarily due to lower selling prices; EBITDA remained stable, dipping slightly by 0.8% to €1.1 billion—meeting expectations; net profit was -€0.266 billion (vs. -€0.198 billion in the prior year); free operating cash flow was €0.089 billion (vs. €0.232 billion in the prior year). In Q4 2024 alone, Covestro’s sales rose 0.9% year-on-year to approx. €3.4 billion; EBITDA surged 44.7% year-on-year to €0.191 billion; free operating cash flow jumped 246.6% year-on-year to €0.253 billion. Arkema On February 28, Arkema released its full-year 2024 results: sales totaled €9.5 billion, remaining stable year-on-year. Volumes increased by 2.4%, driven by growth in Asia’s specialty materials business. EBITDA reached €1.532 billion, with an EBITDA margin of 16.1%, slightly up year-on-year. Recently, Arkema has invested in several major growth initiatives—including acquiring PIAM’s polyimide business, acquiring Ashland’s and Dow’s adhesive businesses, and adding new capacity within its Advanced Materials division—to serve attractive markets such as bio-based consumer goods, new energy, electrification, 3D printing, and sports.

In-Depth Global and Chinese Chlor-Alkali Equipment Market Research Report and Outlook (2026 Revised Edition)

Figure 70: Competitive Landscape of Chinese Chlor-Alkali Auxiliary Equipment Suppliers—Gas Treatment Units (Unit: 10,000 tons/year) Figure 71: Types and Functions of Chlor-Alkali Environmental Protection and Safety Equipment Figure 72: Configuration Requirements for Chinese Chlor-Alkali Environmental Protection Equipment Figure 73: Procurement Demand for Chinese Chlor-Alkali Environmental Protection Equipment, 2023–2025 (Unit: RMB ten thousand) Figure 74: Configuration Requirements for Chinese Chlor-Alkali Safety Equipment Figure 75: Procurement Demand for Chinese Chlor-Alkali Safety Equipment, 2023–2025 (Unit: RMB ten thousand) Figure 76: Policies Supporting Energy-Saving Retrofitting of Chlor-Alkali Equipment Figure 77: Technical Advantages of Oxygen-Depolarized Cathode Electrolyzers Figure 78: Typical Application Cases of High-Efficiency Hydrogen Recovery Systems for By-Product Hydrogen in Chlor-Alkali Projects Figure 79: Typical Application Cases of ORC Low-Temperature Waste-Heat Power Generation Systems in the Chlor-Alkali Industry Figure 80: Typical Application Cases of Membrane-Based Chlor-Alkali–Chlorate Cogeneration Figure 81: Modular Design of Chlor-Alkali Equipment—Reducing Construction Costs and Duration Figure 82: Intelligent Control of Chlor-Alkali Equipment—Real-Time Optimization and Energy Consumption Reduction Figure 83: Architectural Framework for Intelligent Information Management Systems for Chlor-Alkali Equipment Figure 84: Architectural Design of Chlor-Alkali Smart Factories Figure 85: Supporting Requirements for Intelligent and Digitalized Chlor-Alkali Equipment Figure 86: Representative Case of a Chinese Chlor-Alkali Smart Factory—Chongqing Yingtianhui Figure 87: Economic Benefits of a Chlor-Alkali Digital Workshop—Chongqing Yingtianhui Figure 88: Importance of Operation and Maintenance for Chlor-Alkali Equipment Figure 89: Online Monitoring Instruments for Chlor-Alkali Equipment Figure 90: Full-Life-Cycle Management System for Chlor-Alkali Equipment Figure 91: Comparative Analysis of Global and Chinese Chlor-Alkali Equipment Enterprises in 2025 (Units: JPY 100 million, EUR 100 million, USD 100 million, RMB 100 million) Figure 92: Basic Information on Asahi Kasei Corporation (Japan) Figure 93: Revenue Trends of Asahi Kasei Corporation (Japan), FY2021–FY2025 (Unit: JPY 10 billion) Figure 94: Asahi Kasei’s Chlor-Alkali Equipment and Ion-Exchange Membranes Figure 95: Basic Information on Asahi Glass Company (AGC), Japan Figure 96: AGC’s Revenue and Net Profit, 2020–2025 (Unit: JPY 100 million) Figure 97: AGC’s Business Segment Breakdown Figure 98: Analysis of AGC’s Core Businesses in 2025 (Units: JPY 100 million, %) Figure 99: AGC’s Investment Layout in China Figure 100: Basic Information on De Nora (Italy) Figure 101: De Nora’s Revenue and Net Profit, 2021–2025 (Unit: EUR 100 million) Figure 102: De Nora’s Ion-Exchange Membrane Electrolyzers Figure 103: De Nora’s Electrolyzer Cathode Coatings Figure 104: Basic Information on ThyssenKrupp Figure 105: Financial Performance of ThyssenKrupp (Germany), FY2017–FY2025 (Unit: EUR million) Figure 106: ThyssenKrupp’s Business Layout in Chlor-Alkali Equipment Figure 107: Basic Information on INEOS Group Figure 108: INEOS Group’s Financial Performance Figure 109: INEOS BICHLOR Series Electrolyzers Figure 110: Technical Specifications and Performance Parameters of INEOS BICHLOR Series Electrolyzers

The Chemours Company Declares $0.0875 Q4 Dividend

4 days ago

The Chemours Company declared a quarterly cash dividend of $0.0875 per share, payable on December 15, 2026. Analysts view this routine declaration as reinforcing the company's capital return strategy.

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