Rank

Company Foot note Sales

2009

% %
($m)
Change Change
(reporting (US
2009 currency) dollars)

1 BASF a 72,660 -18.6 -17.3

2 Dow Chemical b 44,875 -32.9 -32.9
3 ExxonMobil c 40,979 -29.4 -29.4
4 Sinopec c 31,371 -13.4 -13.4
5 LyondellBasell Industries 30,828 -39.2 -39.2
6 Shell c 27,559 -43.9 -43.9
7 SABIC 27,481 -31.7 -31.6
8 Mitsubishi Chemical d 27,138 -13.5 -9.3
9 DuPont 26,109 -14.5 -14.5
10 INEOS 25,911 -37.8 -36.8
11 Bayer e 21,758 -13.3 -11.9
12 Total c 21,107 -26.9 -25.7
13 AkzoNobel 19,913 -9.9 -8.4
14 Sumitomo Chemical d 17,490 -9.4 -4.9
15 Air Liquide 17,166 -8.6 -7.1
16 Linde f 16,115 -10.3 -8.8
17 Toray d 14,670 -7.6 -3.0
18 Evonik Industries c 14,431 -15.2 -13.8
19 Mitsui Chemicals d 13,031 -18.8 -14.8
20 Reliance Industries d/j 12,277 4.7 20.4
21 Johnson Matthey d 11,815 -0.1 5.9
22 LG Chem 11,769 8.3 17.1
23 DSM g 11,275 -15.4 -14.0
24 Merck KGaA 11,104 2.1 3.8
25 Syngenta 10,992 -5.4 -5.4
26 SK Energy j 10,834 -9.8 -2.5
27 Asahi Kasei d/m 10,646 -9.6 -5.1
28 Yara International 10,577 -30.8 -16.2
29 PPG Industries k 10,397 -18.8 -18.8
30 Shin-Etsu d 9,893 -23.6 -19.9
31 Sekisui Chemical d 9,263 -8.1 -3.5
32 Agrium 9,129 -9.0 -9.0
33 Praxair 8,956 -17.0 -17.0
34 Henkel (adhesive segment) u 8,921 -7.1 -5.6
35 Braskem I 8,792 -15.1 14.6
36 Chevron Phillips Chemical 8,406 -33.5 -33.5
37 Teijin d 8,263 -18.8 -14.8
38 Air Products o 8,256 -20.7 -20.7
39 DIC d 8,177 -18.7 -14.7
40 Solvay e 8,163 -16.1 -14.7
41 Sasol h/p 8,045 10.3 10.5
42 Huntsman 7,763 -24.0 -24.0
43 LANXESS 7,248 -23.1 -21.8
44 NPC (Iran) d/z 7,192 -4.2 -4.2
45 Sherwin-Williams 7,094 -11.1 -11.1
46 Formosa Chemicals & Fibre Corp n 6,860 -9.8 -9.8
47 BP i 6,800 -19.0 -19.0
48 Tosoh d 6,784 -14.3 -10.0
49 Mosaic l 6,759 -34.4 -34.4
50 Borealis 6,757 -29.6 -28.4
51 Orica o 6,469 13.2 20.4
52 Clariant 6,373 -18.1 -16.6
53 Arkema 6,370 -21.1 -19.8
54 Polimeri Europa (part of ENI) j 6,024 -33.3 -32.2
55 Rhodia 5,778 -15.4 -14.0
56 Sibur j 5,334 -6.8 -10.0
57 WACKER Chemie 5,331 -13.5 -12.0
58 Ashland q/o 5,220 25.0 25.0
59 Honam Petrochemical v 5,130 92.7 108.4
60 K+S 5,122 -25.5 -24.2
61 Dow Corning 5,093 -6.6 -6.6
62 Celanese 5,082 -25.5 -25.5
63 Eastman Chemical 5,047 -25.0 -25.0
64 Formosa Plastics n 4,901 -11.5 -11.5
65 Taiyo Nippon Sanso d 4,676 -12.6 -8.2
66 Lubrizol 4,586 -8.8 -8.8
67 Israel Chemical Ltd. 4,554 -34.0 -34.0
68 PKN Orlen j 4,535 -12.3 -10.5
69 Kaneka d 4,451 -8.3 -3.7
70 Mitsubishi Gas Chemical d 4,149 -14.1 -9.8
71 Honeywell r 4,144 -21.3 -21.3
72 ALPEK (Grupo Alfa) 4,134 4.9 9.9
73 NOVA Chemicals x 4,050 -45.0 -45.0
74 Hexion 4,030 -33.9 -33.9
75 PotashCorp 3,977 -57.9 -57.9
76 Petronas j/d 3,958 -10.4 -10.4
77 Mitsubishi Rayon d/y/w 3,939 5.8 11.0
78 Airgas d 3,864 -11.2 -11.2
79 PEMEX j 3,838 -37.6 -34.6
80 Givaudan 3,815 -3.1 -1.5
81 Nalco 3,747 -11.0 -11.0
82 Cognis 3,704 -13.9 -12.5
83 Showa Denko s 3,593 -33.2 -34.6
84 Kuraray d 3,592 -11.7 -7.3
85 Kemira 3,583 -11.8 -10.3
86 Denki Kagaku Kogyo (Denka) d 3,495 -3.1 1.7
87 Daicel Chemical Industries d 3,455 -15.3 -11.1
88 RPM l 3,413 1.3 1.3
89 JSR d 3,347 -12.0 -7.6
90 Occidental Chemical c 3,225 -36.9 -36.9
91 Cementhai Chemicals 3,041 -25.9 -23.6
92 Tessenderlo Group 3,001 -24.3 -23.0
93 Rockwood Holdings 2,963 -12.3 -12.3
94 Flint Group 2,900 -17.1 -17.1
95 Valspar t 2,879 -17.3 -17.3
96 FMC 2,827 -9.3 -9.3
97 W.R. Grace 2,825 -14.8 -14.8
98 Cytec Industries 2,790 -23.4 -23.4
99 Quattor Participacoes I 2,723 27.4 72.0
100 CEPSA j 2,706 -17.7 -16.3

Bubbling under

101 Nippon Shokubai d 2,636 -15.5 -11.3

102 PTT Chemical 2,619 2.3 5.6
103 CF Industries 2,608 -33.5 -33.5
104 Hanwha Chemical (Korea) 2,607 -0.1 8.1
105 Lonza 2,592 -8.4 -6.8
106 Ube c/d 2,552 -21.1 -17.1
107 Chemtura 2,541 -28.3 -28.3
108 Asahi Glass c 2,522 -22.9 -19.1
109 Zeon d 2,437 -16.0 -11.8
110 EuroChem 2,432 -34.4 -36.6
111 Mexichem 2,359 -1.2 3.6
112 IFF 2,326 -2.6 -2.6
113 Westlake Chemical 2,326 -37.0 -37.0
114 Cabot o 2,243 -29.7 -29.7
115 Tata Chemical d 2,121 -21.5 -9.7
116 Momentive Performance Materials 2,084 -21.0 -21.0
117 PolyOne 2,061 -24.8 -24.8
118 Albemarle 2,005 -18.7 -18.7
 Operating Capital
Net profit Total assets R&D
profit spending

% % %
($m) ($m) ($m) ($m) ($m) ($m) ($m)
Change Change Change
(US (US (US
2009 2008 2009 2008 2009 dollars) 2009 dollars) 2009 dollars)

5,270 9,111 2,021 4,105 73,484 2.5 2,004 4.9 8,560 67.1
469 3,731 336 1,061 65,937 19.1 1,492 -8.9 1,410 -49.6
2,408 3,144 2,309 2,957 24,161 19.9 3,148 11.7
18,641 4.7 3,698 22.2
317 -5,928 -2,865 -7,321 27,761 -3.1 145 -25.3 779 -22.1
-55 462 -405 1,988 -4.7
5,014 10,153 2,420 5,872 79,158 9.3
716 84 138 -691 36,201 28.5 1,477 12.4 1,284 -10.1
2,184 2,391 1,769 2,010 38,185 5.5 1,378 -1.1 1,308 -33.9
775 -278 -881 -807 15,938 -4.0 85 -10.5 378 -57.0
525 1,921 34,065 0.7 1,289 0.3 1,582 -18.2
357 1,231 390 942
1,247 -813 408 1,531 27,061 2.5 484 -2.6 765 1.7
555 22 159 -608 25,722 23.7 1,266 -6.1 1,114 -19.2
2,794 2,748 1,763 1,720 29,564 1.7 312 -1.1
3,709 3,784 34,946 4.1 128 -13.0 1,630 -21.4
433 370 -153 -168 16,798 7.2 498 -3.0 584 -37.7
1,000 811 720 -29.8
-102 -468 -302 -979 13,359 9.3 411 -1.5 529 -36.5
1,907 1,323 8,479 1.8
410 424 247 247 4,356 13.7 138 11.0 173 -30.7
1,671 1,068 1,295 797 7,184 12.5 743 31.1
1,068 1,273 483 813 13,780 1.3 563 1.4 573 -24.3
930 1,594 23,955 8.6 1,928 10.8 669 20.2
1,766 1,858 1,374 1,385 16,696 14.5 960 -0.9 652 46.8
536 105 1,440 26.7
362 67 13,523 1.0 616 -28.7
219 1,746 651 1,170 10,620 -6.4
990 1,275 388 -14.0
1,265 2,394 905 1,591 19,089 10.2 362 -5.9 1,336 -18.5
388 345 125 10 8,495 9.2 259 -0.9 475 33.9
 581 2,016 366 1,322 9,785 -0.5 313 -38.1
1,575 1,883 1,254 1,211 14,317 9.7 74 -23.7 1,352 -16.1
416 928
1,023 -1,091 443 -1,064 12,799 32.0 33 9.9 488 -32.0
707 401 615 276 7,418 11.1 38 -5.0 155 -60.8
145 185 -385 -442 8,881 -1.2
846 1,496 631 910 13,029 3.6 116 -11.5
300 261 27 27 8,091 6.6
457 708 199 21.8 813 -28.2
163 687
-71 165 114 609 7,693 3.6 145 -5.8 189 -54.8
214 455 57 258 7,264 12.2 145 5.9 490 -2.3
345 1,060 207 627 24,910 5.8 8 -33.3 1,678 28.8
436 477 4,324 -2.1 40 8.1 91 -22.2
919 77 10,630 16.3

141 -209 74 -260 7,981 1.8

1,271 2,401 827 2,350 12,708 0.3 911 16.6
34 230 54 337 6,903 1.4 113 -9.8 441 -29.6
945 796 473 443 6,419 -2.4 37 20.7
260 502 -187 -35 5,870 4.2 145 -17.1 130 -49.1
-99 278 -245 142 5,654 -10.3 46 -78.3 431 -8.6
-945 -1,224 -735 -956 2,460 -4.8 189 -33.9
229 436 -189 148 6,115 0.3 105 1.7 274 -31.1
839 1,173 638 529
39 914 -107 617 6,510 -0.2 235 2.3 1,061 -17.9
309 145 6,515 180.2 96 100.0
617 72 685 -36 4,879 72.9
347 1,680 134 1,380 7,472 52.6 27 5.0 255 -8.6
580 739 10,840 17.5
290 440 488 282 8,410 17.4 75 -6.3 176 -35.8
317 519 136 328 5,515 4.4 137 -13.3 310 -51.1
922 552 9,711 17.4
297 300 170 170 6,660 21.2 712 80.6
859 478 501 -66 4,770 14.9 212 -4.1 140 -31.1
938 2,335 774 1,994 5,008 -13.0 54 -5.3 346 8.1
-68 191
189 78 91 -19 4,671 8.6 262 -24.9
44 -32 63 72 5,820 6.7 175 15.7 297 -17.6
605 721 4,657 -11.0 153 -21.1
323 146 143 -94 3,126 14.3
-125 56 -241 -40 5,533 38.1 40 -23.1 101 -39.2
 94 -893 92 -1,190 2,973 -6.5 61 -16.4 132 -1.5
1,192 4,635 988 3,495 12,922 26.1 1,764 47.2
2,202 2,303 7,305 30.1 286 -22.1
59 -78 -54 -298 6,123 45.6 148 7.3
400 525 196 261 4,496 1.6 253 -28.1
-1,565 -1,417 -1,536 -1,369 6,680 16.1
443 359 193 106 6,825 3.0 314 -3.6
136 -280 68 -335 4,965 -1.5 75 1.4 102 -23.3
279 271 36 -69 3,082 4.8 116 -3.1 120 -13.7
91 45 3,864 -2.4 121 -30.5
329 301 176 133 5,425 11.8 214 -46.4
225 104 123 3 4,038 0.1 67 -32.7 123 -74.4
234 106 113 15 4,320 11.2
225 109 119 13 4,622 0.8
356 242 180 120 3,004 -11.9 41 3.0 23 -57.8
218 312 147 144 4,031 15.5 195 -10.0 191 -2.6
389 669 3,608 4.4
381 171 378 179 4,991 23.7
-74 337 -239 198 2,260 -11.6 20 -1.9 161 21.3
220 -489 21 -588 4,782 -7.6 46 -11.5 154 -31.3

291 293 160 151 3,511 -0.3 91 -5.7

538 599 229 305 3,136 4.7 93 -1.1 161 -8.0
83 126 71 122 3,968 2.4 70 -15.7 94 -28.8
31 -121 -3 -199 3,559 -2.2 75 -8.1 194 -1.0
-77 47 -162 -304 5,672 25.7 2 114.7
89 124 49 28.0

150 6 117 -55 3,355 7.7 236 11.4

326 472 205 342 4,819 8.6
680 1,150 366 685 2,495 4.5 236 66.0
353 205 295 33 414 -88.3
230 418 153 397 4,764 -10.6 99 -4.8 492 23.8
133 89
-100 -929 -293 -973 3,118 2.0 38 -25.5 56 -53.7
-83 40 2,709 -3.9 190 -22.3
101 30 54 25 3,033 1.0
354 1,399 366 954 4,256 1.7 618 -4.0
859 683 213 10 3,113 27.6
196 230 2,645 -3.8 194 -7.2 67 -21.2
195 69 53 -30 2,446 7.0 100 -42.0
-55 164 127 86 2,636 -7.8 71 -4.1 102 -48.7
309 305 135 125 2,279 4.1 131 -7.9
40 -837 -42 -998 3,307 -7.7 63 -17.1 77 -44.5
98 -129 68 -273 1,386 8.4 23 -13.6 32 -25.4
194 245 2,772 -3.5 61 -9.0 101 1.0
 Change
Employees
(%)

2009

104,779 8.1
52,200 -15.2
13,100 0.8
68,991 -0.1
14,860 -0.9

33,000 0.0
53,907 30.0
58,000 -3.3
11,949 -20.2
55,000 -0.9
44,667 -1.9
57,100 -4.8
27,828 3.4
42,300 -1.6
44,489 -4.1
37,936 0.0
29,723 -6.3
12,892 -0.6

8,949 4.8
10,000 0.0
22,738 -3.4
33,062 0.8
25,000 4.2

7,629 -4.3
32,100 -4.7
16,955 -11.6
19,761 0.1
11,153 1.6
26,164 -2.9
24,138 -9.4
4,570 -4.8
4,800 -4.0
18,778 -3.5
18,900 -10.4
22,583 -4.4
18,992 -3.9
6,919 -3.4
11,000 -12.7
14,338 -3.1
13,648 -3.3
29,220 -4.7
4,932 -8.3

11,089 -0.7
7,400 0.0
5,215 -3.3
15,140 -0.8
17,536 -12.8
13,800 -8.0
6,074 -5.3
13,600 -6.2
50,000 0.0
15,618 -1.9

15,208 23.0
9,000 -11.8
7,400 -11.4
10,000 -4.8
4,986 -0.7

6,727 -3.4
10,625 -0.6

7,715 5.4
4,920 0.4

4,000 -2.1
2,500 -12.3
 6,200 -8.8
5,136 -3.1

8,427 9.5
14,000 0.0

8,501 -3.1
11,590 0.8
5,572 -5.2
2,348 -3.6
6,630 -3.4
8,843 -11.2

1,972 -3.3
9,000 -7.2
5,212 -0.8
3,000 -3.2

8,317 1.0
9,500 -6.9
7,300 -6.4
8,788 -5.9
4,800 -4.0
5,940 -5.7
5,800 -13.4
1,734 -2.9

3,430 0.4
1,530 29.1
1,500 0.0

8,386 -0.9

4,400 -6.4
4,623 -2.3
2,815 -2.3
20,034 -8.1
10,000 0.0
5,377 0.7
1,827 -6.8
3,950 -8.1
4,656 -6.7
4,600 -8.0
3,900 -11.4
3,950 -4.4
FOOTNOTES

a
b
c
d
e
f
g
h
i
j
k
l
m
n
o
p
q
r
s
t
u
v
w
x
y
z
I
FOOTNOTES

From April 9, 2009, Ciba is included in BASF.

The 2009 financial results for Dow Chemical have been taken from the company accounts. Pro-forma financial results have be
Chemical segment figures only. Includes intersegment revenues, e.g. revenue for sales to other divisions of by-products. For E
Financial year end March 31, 2010
Bayer data excludes HealthCare division with 2009 sales of €15,980m and 2008 sales of €15,400m. Solvay data exc
Linde Gas & Engineering sales, operating profit and employee figures only.
DSM basic instead of diluted earning per share used
Financial year end June 30, 2009
BP estimated revenue excluding equity accounted joint ventures in China, Malaysia and Germany
Petrochemical figures only. For SK Energy, the sales revenue figure includes intersegment sales, for 2009 in won (W
In January 2008, PPG acquired Sigma Kalon - in the 2009 and 2008 figures, the segment is reported as Architectural Coatings
Financial year end May 31, 2010
Asahi Kasei excludes homes and health care segments.
Net profit is pretax.
Financial year end September 30, 2009
Sasol turnover figures from polymers, solvents, olefins and surfactants added together.
Ashland excludes distribution business and includes Hercules from November 13, 2008.
Specialty materials figures used.
Petrochemicals + chemicals figs used
Financial year end October 31, 2009
Adhesive Technologies segment only.
In January 2009, Honam Petrochemical completely absorbed its 100% subsidiary Lotte Daesan, to operate its businesses mo
In November 2009, Mitsubishi Rayon merged with Mitsubishi Chemical Holdings Corp (MCHC) and is now a subsidiary of MCH
On July 6, 2009, International Petroleum Investment Co completed the acquisition of NOVA Chemicals.
In May 2009, Mitsubishi Rayon completed the acquisition of Lucite International.
The total of NPC and its associated companies in 2009 adds up to $14bn
In April 2010 Braskem acquired control of Quattor.

Exchange rate

Key financial year end exchange rates used for 2009 data (2008 in parentheses): $/€1.433 (1.410), Yen/$92.70 (97.29) base

Reasons for companies excluded

PetroChina
Repsol
INEOS NOVA
Koch
OMV
Shanghai Petrochemical Corp.
Samsung Total
ChemChina
China Blue Star Chem
Formosa Plastic Corp USA
Formosa Petrochemical Corp
Nan Ya Plastics
Yeochon NCC
Daelim
Samsung
PTT Group
Indorama Group
 for the US and non-US with the income taxes for the US and non-US. Operating profit in 2009 was $2,408m and $3,144m in 2008. For Sh

ott Laboratories.

Reason

Does not segment chemicals from refining business

Repsol no longer discloses its chemical figures. The company indicated an operating loss of €223m in 2009 and €352m in 200
In 2009, INEOS NOVA had approximately $2.1bn (€1.7bn) sales revenue.
Does not segment chemical data
Includes petrochemical operations in its refining and marketing segment
Majority owned by Sinopec
Sales equity accounted in Total and Samsung figures
Estimated 2009 sales Rmb122.6bn ($18bn). No relevant public domain data found for 2008.
Majority owned by ChemChina
Not segmented in Formosa reports
Does not segment chemicals from refining business
Sales a mixture of chemicals and processed items
Results included with Hanwha and Daelim
Below Top 100 in sales as Yeochon NCC accounted as equity company
Does not consolidate various chemicals company interests into one area
Results included as IRPC and PTT businesses
Figures not disclosed
$3,144m in 2008. For Shell in 2009, intersegment chemical figs including trading and intersegment sales of $2,973m and $5,591m in 2008

n 2009 and €352m in 2008, compared with an operating profit of €100m in 2007.
3m and $5,591m in 2008. For Sinopec = external sales with intersegment sales. Ube figs = Chemicals & Plastics + Specialty Chemicals &
+ Specialty Chemicals & Products. For Evonik Industries in 2009, external sales = €9,978m and €11,762m in 2008 and internal sales in 200
8 and internal sales in 2009 = €90m and €116m in 2008.