In this article we are going to list the top 5 chemical companies in the world in 2022 . For a detailed coverage of this topic and a more comprehensive list please take a look at the top 10 chemical companies in the world in 2022. Also, don’t forget to subscribe to our free daily enewsletter in order to receive the latest stocks that hedge funds are buying and selling:
5. Zhejiang Rongsheng Holding Group
Total revenue of the company in 2019 (in millions of dollars): 69,503
Total profit of the company in 2019 (in millions of dollars): 1,171
Total assets of the company in 2019 (in millions of dollars): 57,389
Total employees of the company in 2019: 22,750
Zhejiang Rongsheng Holding Group is the second biggest chemical company in China and was established in 1989.
4. 3M Company (NYSE:MMM)
Total revenue of the company in 2019 (in millions of dollars): 35,355
Total profit of the company in 2019 (in millions of dollars): 5,921
Total assets of the company in 2019 (in millions of dollars): 47,072
Total employees of the company in 2019: 95,000
3M Company (NYSE:MMM) is one of the most popular chemical companies in the world, mainly because it produces goods for consumers as well. In fact, 3M Company (NYSE:MMM) produces more than 60,000 products which include abrasives, adhesives, paint protection films, window films, tapes and many more. 3M Company (NYSE:MMM) maintains operations in more than 70 countries and despite a decrease in total assets in 2021, is still one of the top chemical companies in the world i 2022.
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3. Dow Inc. (NYSE:DOW)
Total revenue of the company in 2019 (in millions of dollars): 54,968
Total profit of the company in 2019 (in millions of dollars): 6,311
Total assets of the company in 2019 (in millions of dollars): 62,990
Total employees of the company in 2019: 35,700
Dow Inc. (NYSE:DOW) is the largest chemical company in the United States. Spun off DowDuPont, Dow Inc. (NYSE:DOW) only became a public company in 2019, and was then added to the Dow Jones Industrial Average. Headquartered in Michigan, Dow Inc. (NYSE:DOW) is considered to be a great buy currently by several hedge funds.
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2. Sinochem Holdings
Total revenue of the company in 2019 (in millions of dollars): 172,260
Total profit of the company in 2019 (in millions of dollars): -198
Total assets of the company in 2019 (in millions of dollars): 241,750
Total employees of the company in 2019: 220,760
Sinochem is China’s biggest chemical company, along with being the biggest in Asia. The state-owned giant was founded in 1950 and owns more than 300 subsidiaries. It has been a major part of the global chemical industry for decades and has been included in Fortune Global 500 more than 25 times. Even though Sinochem topped three out of the four metrics considered for our rankings, it was the only loss making company in our list, which is why it was unable to claim the number 1 position.
1. BASF
Total revenue of the company in 2019 (in millions of dollars): 92,929
Total profit of the company in 2019 (in millions of dollars): 6,530
Total assets of the company in 2019 (in millions of dollars): 99,355
Total employees of the company in 2019: 111,047
Topping the list of the top 10 chemical companies in the world in 2022 is BASF. BASF is a German chemical company which is also the biggest chemical producer in the world. The group consists of companies and subsidiaries in more than 80 countries, boasting at least six integrated production sites in addition to 390 other productions sites in difference locations across six continents. With customers in over 190 countries, BASF has more than 110,000 employees, of which nearly half are in Germany alone.
See also: 15 Largest Industrial Companies In The US and 15 Biggest Media Companies In The World
