China Drying Network News July 30, the United States "Chemical and Engineering News" announced the 2011 global chemical top 50 list. Although the world economy is still uncertain and pessimism is spreading, the performance of chemical companies on the list is very encouraging. The list of top 50 chemical companies in 2011 revenue close to 1 trillion US dollars, total sales of 97.90 billion US dollars, more than the history of 892 billion US dollars in 2008; profit margin is close to a record level, the overall average profit margin It reached 11.5%, the highest since 1995. IHS Chemical's chief economist Behravesh said that the global economy has not been stable in recent years. Not only the United States, but from a global perspective, the economic outlook remains uncertain. The main factors include oil prices, debt crisis in Europe, emerging markets, and US economic growth. In spite of this, the performance of the top 50 chemical companies was very eye-catching. In 2011, sales and profits increased in an all-round manner. Total sales were US$979.0 billion, an increase of 13.7% over 2010. The profit margin was even closer to the record level. The overall average profit margin was It reached 11.5%, the highest since 1995. Seven of the top 50 companies saw a decline in sales revenue. Five of these companies were Japanese companies, including Toray, Sumitomo Chemical, Shin-Etsu Chemical, Asahi Kasei, and DIC. The company was shut down due to the damage caused by the March 11 earthquake. The other two companies, Arkema and Ineos, saw sales decline due to divestitures. However, looking ahead, the operating situation of chemical companies is not optimistic. In recent months, some chemical industry organizations have been increasingly pessimistic about the outlook. In early July, the American Chemical Council lowered the growth rate of US chemical production in 2012 from 1.2% at the end of last year to 0.5%. At the same time, it predicts that the increase in global chemical production will be only 2.3%. In June, the European Chemical Industry Council also lowered the European chemical growth rate from 1.5% to zero.
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