Which International Chemical Leading Companies are Number One in the World?
Leading international chemical companies have created world-leading performances, which are supported by many explicit or implicit strengths. They are often number one in the world in certain segments.
In 2023, BASF generated global sales of US74.529 billion, ranking first in global chemical sales. BASF not only has more than 60 production plants, but also has 350 branches and offices in 41 countries around the world, and has invested more than 10 billion Euros in China alone. BASF is the world's largest antioxidant manufacturer and it is also the world's largest supplier of automotive chemicals.
Covestro is a leading global producer of high-performance polymer materials. Its predecessor was Germany's Bayer Material Technology, spun off from Bayer and listed in 2015. Covestro's predecessor, Bayer, was the world's first company to industrialize PC production and is currently the world's largest PC manufacturer.
Covestro has multiple production bases and R&D centers around the world, including about 50 production bases and 13 R&D bases.
Dow Chemical is a world-renowned materials science company founded in 1897 and headquartered in Midland, Michigan, USA. Dow Chemical has many first labels, such as Dow Chemical is the world's largest producer of ethylene, polystyrene, vinyl acetate, vinyl chloride, ethylene oxide, and ethylene glycol products. In comprehensive comparison, Dow Chemical ranks third among global chemical companies in terms of scale, with operating revenue reaching US$44.622 billion in 2023.
Dow Chemical has a global leading position and influence in related materials fields, and ranks first in the world in some fields. Dow Chemical has a monopoly in the field of photoresists, and its products occupy an absolute leading position in the semiconductor materials market, with a global market share of approximately 80%.
LyondellBasell Industries is one of the world's largest polymers, petrochemicals and fuels companies. It is a global leader in polyolefin technology, production and market, with a global polypropylene production capacity of more than 6.5 million tons every year.
In June 2024, LyondellBasell announced the successful acquisition of a 35% stake in Saudi Arabia's National Petrochemical Industries Company (Natpet). Natpet's annual polypropylene production capacity is approximately 400,000 tons, which once again consolidated its position of the world's leading polypropylene producer. It is also the world's largest supplier of medical plastics. In the field of global polyolefin technology, LyondellBasell has a number of key technologies and patents.
Eastman is a global specialty materials company founded in 1920 and headquartered in Kingsport, Tennessee, U.S. Eastman operates in more than 100 countries and regions around the world and has approximately 14,500 employees. Eastman is also the world's largest window film manufacturer, and its products are widely used in people's daily lives. In addition, Eastman is the world's largest supplier of polyester plastics for packaging, and its products are widely used in the consumer goods sector.
Sabic is a world-renowned diversified chemical products company, a subsidiary of Saudi Aramco. SABIC is one of the world's largest petrochemical companies, focusing on the production and sales of polymers and chemicals, and has an important position in the engineering plastics industry. In addition, it also has a global influence in the fields of engineering plastics and compound manufacturing. SABIC operates in more than 50 countries and has more than 32,000 employees worldwide.
Mitsui Chemicals is a world-renowned comprehensive chemical company headquartered in Tokyo, Japan. The company originated from Mitsui Mine in 1912, and after several mergers and developments, it has formed the current Mitsui Chemicals Group. Mitsui Chemicals' business scope is extensive, covering petrochemical raw materials, synthetic fiber raw materials, basic chemicals, synthetic resins, fine chemicals and other fields.
Mitsui Chemicals holds the world's number one position in many segments around the world. It is the world's largest manufacturer of ICROS™ tape for semiconductor wafers and the world's largest manufacturer of MR™ series lens materials. It is the largest phenol producer in Japan, with a phenol production capacity of 530,000 tons every year.
Celanese is a world-renowned chemical and specialty materials company whose products are widely used in industrial and consumer products. Celanese's operating income in 2023 reached US$10.94 billion, ranking 39th among global chemical companies. Celanese is the world's largest LCP manufacturer, with an annual production capacity of more than 22,000 tons, ranking first in the world.
South Korea's LG Chem is a world-renowned chemical materials company whose businesses cover a wide range of fields including petrochemicals, cutting-edge materials and life sciences. South Korea's LG Chem is also an important global ABS plastic producer, with annual production capacity expected to reach 1.08 million tons in 2025. Inaddition, It is also the world's largest maker of automotive displays and smartphone camera/3D sensing modules.
Chevron Corporation is a global energy giant headquartered in San Ramon, California, USA. Founded in 1879, it has operations in more than 180 countries and regions around the world. Chevron is involved in oil and natural gas exploration, production, transportation, refining, marketing, power generation, and the manufacture and sale of petrochemical products.
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