TOP 6 PLASTICS AND RESINS MANUFACTURERS
TOP 6 PLASTICS AND RESINS MANUFACTURERS
Global sales: $49 billion
Dow is an American multinational chemical company headquartered in Midland, Michigan. Dow provides chemicals, plastics, and agricultural products and operates in approximately 35 countries. It has more than 6,000 product groups that are manufactured at 179 sites across the globe. Dow is the leading global supplier of every major polyethylene (PE) resin worldwide (2016) and the world's largest producer of chlorine and polyalkylene glycols. It was ranked as the world's largest plastics manufacturer during 2008. Dow's principal lines of business include agricultural sciences, consumer solutions, infrastructure solutions, performance materials & chemicals, and performance plastics. In 2015, the company had annual sales of nearly $49 billion and employed approximately 49,500 people worldwide.
Global sales: $33 billion
Lyondell Basell is one of the world's largest plastics, chemicals and refining companies incorporated in the Netherlands, and with U.S. operations headquartered in Houston, Texas, and global operations in London, UK. The company was formed in December 2007 by the acquisition of Lyondell Chemical Company by Basell Polyolefins for $12.7 billion. It provides chemicals, plastics, petrochemical products, diesel, and gasoline among many other products which are produced in 17 countries at 55 sites. LyondellBasell is the world’s largest producer of polypropylene resins and polypropylene compounds and one of the top worldwide producers of polyethylene. It is also a major producer of high-value specialty polymers and resins. In 2015, the company had annual sales of nearly $33 billion1 and employed approximately 13,000 people worldwide.
Global sales: $236 billion
Exxon Mobil Corp. (ExxonMobil) is an American multinational oil, gas and chemical company headquartered in Irving, Texas. It is a direct descendant of John D. Rockefeller's Standard Oil Company and was formed in 1999 by the merger of Exxon and Mobil (both formerly the Standard Oil Company). It is the world's 9th largest public company by revenue and was ranked no. 6 in sales and no. 17 in profit globally in Forbes Global 2016 list.2 ExxonMobil produces plastics, petrochemicals, diesel, and gasoline among many other products in all major countries of the world and explores for oil and natural gas in six continents. The company is one of the top worldwide producers of polyolefins and other polymers and resins. In 2016, the company had annual sales of nearly $237 billion2 and employed approximately 75,600 people worldwide.
Global sales: $35.4 billion
SABIC (Saudi Arabia Basic Industries Corporation) is a public petrochemical company founded in 1976 and based in Riyadh, Saudi Arabia. It is active in chemicals and intermediates, industrial polymers, fertilizers, and metals. SABIC is the world’s third-largest producer of polyethylene and the fourth-largest producer of polypropylene and polyolefins in general.3 The company operates in more than 40 countries across the world, has 60 manufacturing sites and employes over 40,000 people. According to Forbes, SABIC generated about $35 billion sales in 2017.2
Global sales: $40 billion
Ineos Group Limited is a privately owned multinational chemicals company headquartered in Rolle, Switzerland. Ineos is an acronym for INspec Ethylene OxideSpecialities. The company produces plastics, resins and intermediates for all major markets including packaging, pharmaceuticals, agrochemicals, textiles, consumer goods, building & construction, and automotive & transportation. The company operates in 16 countries across the world, has 67 manufacturing sites. and employes over 17,000 people. The company generated about $40 billion sales in 2015.4
Global sales: $63.7 billion
BASF is a German multinational chemical company founded in 1865 and headquartered in Ludwigshafen, Germany. The company is one of the largest plastics and resin supplier and has one of the most comprehensive plastics portfolios. It also provides a large number of chemicals, dyes, pharmaceutical ingredients and agricultural products. In 2016, BASF employed more than 113,000 people in over 200 countries with over 50,000 in Germany alone and 39,000 in the plastic and resin industry. According to Forbes it generated sales of about $64 billion