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Most major chemical companies posted declinesin sales in 2023, reflecting an ongoing industry downturn
RANK
CHEMICAL
CHANGE
CHEMICAL
2023
2022a
COMPANY
SALES ($
FROM
SALES AS % OF
SECTOR
MILLIONS)
2022
TOTAL SALES
BASF
574,529
-21.1%
100.0%6
Diversified
Sinopec
558,097
8.69
12.89
Petrochemicals
Dow
S44,622
~21,.696
100,09
Diversified
LG Chemse
S42,280
6.59
100,096
Diversified
PetroChina
S40,880
4%6
69
Petrochemicals
ExxonMobil
540,672
~14,4%
12.29
Petrochemicals
Sabic
537,743
~22.700
100,09
Petrochemicals
LyondellBasell
531,928
19.1%
77,7%
Petrochemicals
Industries
Formosa
10
531,126
-19.1%
64.59
Petrochemicals
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