production permits and a push to relocate chemical production to special chemical parks. The 2018 ban on imports of plastics waste, which has disrupted Western countries that had relied on exporting to China, is part of the same new policy. The environmental policy aims to move chemical production from its current configuration, in which
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The company reported revenues of $92,938 million for the fiscal year ended December 2021 (FY2021), an increase of 32.9% over FY2020. The company carries out the production, marketing, sales of chemicals, plastics, crop protection products, and performance products, and Others. It operates 347 production plants and six Verbund …
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In 2022, the total revenue of the global chemical industry amounted to over 5.72 trillion U.S. dollars. Show more. Published by Statista Research Department, Feb 27, 2024. Subscribe. Learn more ...
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In the first 10 months of 2022, profits for China's chemical manufacturing sector declined by 3.6% from the same period in 2021, to about $93 billion, according to China's National Bureau of ...
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Welcome to China Chemical! China Chemicals is a high technology, medium sized manufacturing company, specializing in researching, and producing auto paints, industrial paints and floor paints. Founded in 2009, YATU has become one of the largest coating manufacturers in China. China Chemicals is Foreign enterprises …
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China is also the world's largest producers of pharmaceutical active ingredient, with 4,000 API manufacturers. Apart from producing generics and active ingredients, China is also discovering new drug molecules, and biological pharmaceuticals. There are also many maufacturers of traditional Chinese medicine.
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Mitsubishi Chemical Holdings Corporation. Sumitomo Chemical Co., Ltd. Below we provide more detail on each of the companies. 1. BASF SE. BASF SE is a European multinational company and also the largest chemical producer in the world. BASF SE headquarters are located in Ludwigshafen, Germany.
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Furthermore, as China's global share of chemical capital spending increased from 41.6% in 2010 to 47.8% in 2020, China's importance is likely to increase further. Consequently CEFIC expects China's share of the global chemical market to reach 49% by 2030. China´s 14 th five-year plan (FYP) until 2025 and especially the 15 th & 16 th FYP ...
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Leading Chinese chemical companies on the Fortune China 500 ranking 2023; Sinopec's chemicals production 2020-2022, by type; Revenue of Sinochem 2016-2022; Operating income of Wanhua Chemical FY ...
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Chinese state-owned enterprises' (SOEs) share stayed essentially flat, at about 36 percent. Nevertheless, the size and potential of China's specialty-chemical market mean that any international company …
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China Petrochemical Corporation (Sinopec Group) is the largest producer of oil and petrochemical products in China. It is also the largest refining company and the …
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Lanzhou Petrochemical is the first large-scale refining base in West China that is constructed with a 10Mt/a refining capacity and 700kt/a ethylene production capacity. The company has a primary crude processing capacity of 10.5 million tons per annum with a compatible secondary processing capacity, all powered by the leading refining/chemical ...
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The United States is one of the largest national producers of chemical products globally. Including the pharmaceutical sector, its chemical shipments value was almost 770 billion U.S. dollars in 2021.
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Plant Sites and Companies. Since 1961, marketing, sales, business, distribution and procurement managers have relied on the Directory of Chemical Producers (DCP) to keep up to date on chemical producers, plant locations, ownership, products and plant-by-plant capacity information. Our consultants verify the DCP data against our annual survey of ...
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Many of the world's largest chemical producers saw profits decline in 2022. Sources: Company documents, C&EN analysis. Note: Some figures were converted at 2022 average exchange rates of US$1.00 ...
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"China Petrochemical Corporation (Sinopec Group), with its headquarters in Beijing, is the largest producer of oil and petrochemical products in China. It is also the largest refining company and the third …
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China is the world's largest producer and consumer of chemical products, which makes the chemical industry central to its economy.
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Leading listed Chinese chemical companies on the Fortune China 500 ranking in 2023, by revenue (in billion yuan) Premium Statistic Sinopec's chemicals production 2020-2022, by type
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Going into 2021, US chemical companies will be looking to recover from a 3.6% drop in output in 2020 compared with 2019, ... Lewandowski says China's coal-based ethylene production, which is ...
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Dow and DuPont, the reboot. Last year, DowDuPont split into three separate companies, all of which rank near the top of this year's top 50 survey. The independent Dow leads the ranking with $43. ...
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The evidence for this was a conversation between the owner of a chemical company in China and a buyer in the United States, ... In addition to Pro Chemie New York, at least five chemical production companies located in several US states, including Illinois, Pennsylvania, Florida, and Indiana, traded with Barter & Trading in Mexico, …
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China's specialty-chemical demand is projected to grow at about 7 percent a year through 2020, compared with a global growth rate of about 3 percent. In all, China is expected to account for between 50 and 60 percent of global specialty-chemical-demand growth through 2025. Given that the Chinese market can't be ignored, it's time for ...
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spatial distribution mapping of the risks China's chemicals industry poses to the public and to the environment. Information on a total of 33,625 chemical companies has been collated for the mapping, most of which are involved in …
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18 Sep, 2023, 02:00 ET. LONDON and NEW YORK, Sept. 18, 2023 /PRNewswire/ -- ICIS has announced the ICIS Top 100 Chemical Companies, a global listing of the leading producers of chemicals worldwide ...
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According to C&EN's Global Top 50 survey, the world's 50 largest chemical companies combined for chemical sales of $1.2 trillion in 2022, the fiscal year on which the survey is based.
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In terms of revenue, BASF, secured the top spot in this list of the world's top 10 chemical companies with 94.85 billion U.S. dollars of revenue in 2023.
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In 2020, the total value of US chemical export exceeded $180 billion. Five US states – Texas, Ohio, Illinois, Pennsylvania, and California have the highest concentration of chemical manufacturing facilities in the country. Texas and Louisiana account for 70 percent of America's total petrochemicals production.
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Increasingly, China is not the only market where international chemical producers will face these competitors: China's chemical companies are beginning to make forays into international markets. In the face of such complex challenges, many executives of international companies are unsure how to proceed in China's chemicals market.
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China is one of the world's largest national producers of chemical products. ... Premium Statistic Leading Chinese chemical companies on the Fortune China 500 ranking 2023
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The Chinese Chemical Industry at a Glance. The chemical market in China is massive. The largest market in the world by revenue since 2011, China sells more chemicals than the U.S., Europe, India, and Japan combined. It has been consistently growing, with half of all global chemical industry growth over the last 20 years. (1.)
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