The ranking of chemical companies

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Another factor affecting the ranking of chemical companies is the strong performance of the US dollar.

Published data show that oil prices have lowered the prices of chemicals, but at the same time, the cost of raw materials for chemical companies has dropped significantly. Generally speaking, the decline in oil prices is beneficial to chemical companies, especially chemical companies in Asia and Europe. At the same time, the dominant position of chemical companies in these regions is being replaced by natural gas chemical companies in the United States and the Middle East.

Another factor affecting the ranking of chemical companies is the strong performance of the US dollar. In 2014, the euro-dollar exchange rate averaged $1.33, falling to $1.11 in 2015. In addition, major currencies such as the Japanese yen and South Korean won are also falling against the dollar. The strength of the U.S. dollar also affected this year's global rankings, as CEN converts corporate sales figures into U.S. dollars.
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Chemicals represent a large swath of the industrial landscape and are used in making countless products. Indeed, what the old Echemi tagline used to say โ€“ something about not making the products you buy but a lot of what's in them โ€“ turned out to be an apt description of what it is that chemical companies do. The companies shown in this article are chemical manufacturers as well as suppliers, and the sheer volume of their annual revenue precludes other smaller, or any non-manufacturing, suppliers from making the list.

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