Billion-Dollar Club: Asian, Mideast Producers Reshape Top Ranks

Chemical revenues and operating earnings were up again in 2011 as industry recovery continued. BASF claimed the top spot for the sixth straight year in CW’s Billion-Dollar Club, our ranking of companies by chemical revenues. ExxonMobil claims the second spot, and Sabic is now number three. Dow Chemical was pushed out of the second spot, to number four. The median revenue gain in dollar terms for all companies in the ranking was 12%. The ranking highlights the rapid rise of new giants from Asia and the Mideast. Europe has ten companies in the top 20, and...

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