Petrochemical industry
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The petrochemical industry is concerned with the production and trade of petrochemicals.[according to whom?] A major part is constituted by the plastics (polymer) industry.[according to whom?] It directly interfaces with the petroleum industry, especially the downstream sector.[according to whom?]
Companies
The top global petrochemical companies based on different KPIs:
| Company | Country | 2008 revenues $ (billion) | 2021 annual revenue $ (million) | 2023 market cap $ (billion) |
|---|---|---|---|---|
| BASF | Germany | 62.30 | 51.1 | |
| Dow Chemical | US | 57.51 | ||
| ExxonMobil Chemical / ExxonMobil | US | 55 | 398.6 | 466.8 |
| LyondellBasell Industries | Netherlands | 51 | ||
| Ineos | UK | 47 | ||
| SABIC | Saudi Arabia | 37.66 | ||
| Formosa Plastics Corporation | Taiwan | 31.5 | ||
| Sumitomo Chemical | Japan | 16.65 | ||
| DuPont | US | 31.83 | ||
| Chevron Phillips / Chevron Corp | US | 13 | 235.7 | 349.8 |
| Saudi Arabian Oil Company | Saudi Arabia | 605.1 | 1900 | |
| China National Petroleum Corp Petrochina Co. Ltd. | CN | 505.3 | 425.8 | |
| Sinochem Holdings | CN | 258.3 | ||
| Shell plc | CN | 381.3 | 205.6 | |
| China Petroleum & Chemical Corp | CN | 493.1 | 77.2 | |
| TotalEnergies SE | FR | 263.3 | 157.9 | |
| BP plc | FR | 241.3 | 107.1 | |
| Marathon Petroleum Corp | US | 178.8 | 58.9 | |
| Valero Energy | US | 176.3 | 55 | |
| Reliance Industries Limited | IN | 202.4 |
Countries and sites
Technology
Conferences
- Asia Petrochemical Industry Conference
- International Petrochemical Conference by the AFPM
Associations
- American Fuel and Petrochemical Manufacturers (AFPM)
- European Petrochemical Association (EPCA)
- Gulf Petrochemicals and Chemicals Association (GPCA)
- Petrochemicals Europe (industry sector of Cefic)
Awards
- Medal "For the Tapping of the Subsoil and Expansion of the Petrochemical Complex of Western Siberia"
- Petrochemical Heritage Award