Markets

Insider Trading

Hedge Funds

Retirement

Opinion

20 Biggest Chemical Companies in Australia, 2024

In this article, we will take a look at 20 Biggest Chemical Companies in Australia, 2024. If you want to see more of the Biggest Chemical Companies in Australia, 2024, go directly to 5 Biggest Chemical Companies in Australia, 2024.

Chemical compounds, made from organic and inorganic materials, are super important due to their diverse set of properties, like being flammable, toxic, or reactive. Thus, the global chemicals market is expanding. It is expected to grow from $5,115.19 billion in 2023 to $5,574.05 billion in 2024, with a yearly growth rate of 9.0%, according to The Business Research Company. This growth comes from global economic conditions, raw material costs, and market mergers. And the exciting part is that it is not slowing down. By 2028, it’s predicted to hit $7,788.18 billion, with a yearly growth rate of 8.7%. This expansion is fueled by factors like environmental rules, renewable materials, and going digital.

One biggest reason for the current and expected growth is the increasing demand for inorganic chemicals, especially in making fertilizers. Plus, advancements in tech are helping industries like paper, energy, and packaging, expand. For example the US GDP went up by 2.1% in Q2 2023, and industrial production rose by 0.4% in August. Some of the most frequently-used industrial chemicals are surphuric acid, sodium hydroxide, nitrogen, propylene and ethylene, which are utilized in various industries, such as paints, inks, distilled petroleum, plastics and many more.

The growth and dynamics of the chemicals market intersect with industry leaders like DOW Inc. (NYSE:DOW) and Exxon Mobil (NYSE:XOM), two of the largest chemical companies in the US, whose strategies and innovations shape the landscape of the sector.

Dow Inc. (NYSE:DOW), a leading material science company, operates primarily through its wholly owned subsidiary, The Dow Chemical Co (TDCC). In the twelve months ending December 31, 2023, Dow Inc. (NYSE:DOW) reported revenue of $44.62 billion, representing a decrease of -21.58% year-over-year, according to Yahoo Finance. On the other hand, ExxonMobil (NYSE:XOM) Chemical provides the foundational materials for a wide range of products, including packaging materials, plastic bottles, automobile bumpers, synthetic rubber, solvents, and various consumer goods. Exxon Mobil (NYSE:XOM), had a revenue of $344.58 billion in the twelve months ending December 31, 2023, and experienced a decrease of -16.70% year-over-year. Both Dow and ExxonMobil Chemical are big players in the chemicals industry, but they have different approaches and products. Dow is all about material science, while ExxonMobil Chemical provides the essential building blocks for a lot of different products. Even though both companies have seen drops in revenue, they’re still two of the biggest players in the sector.

While the United States is a major player, Australia is close behind; Australia’s chemicals market is set to grow by 3.30% from 2024 to 2028, reaching a whopping US$7.23 billion. The country’s market recorded a revenue of $18.3 billion in 2022, boasting a cool CAGR of 5.9% across the period 2017-2022. Within the segment, commodity chemicals segment owned the biggest share in the same year, earning a revenue of $12.5 billion, which accounts for 68.2% of the total market revenue, according to Research and Markets. This shows how Australia’s becoming more important globally in the chemical scene, with lots of potential for even more growth in the future, which leads us to our list of 20 Biggest Chemical Companies in Australia, 2024.

A technician using a pipette to mix a bright blue chemical solution in a laboratory.

Methodology

For our list of the 20 Biggest Chemical Companies in Australia, 2024, we have compiled data based on the top 20 largest companies by market capitalization. Market capitalization data has been sourced from Investing.com. The market capitalization figures in Australian Dollars have been converted to US Dollars using the exchange rate provided by X-Rates, as of March 20, 2024. The exchange rate used for conversion is 1 AUD = 0.65 USD. With this, we present to you a list of 20 Biggest Chemical Companies in Australia, 2024.

By the way, Insider Monkey is an investing website that tracks the movements of corporate insiders and hedge funds. By using a similar consensus approach, we identify the best stock picks of more than 900 hedge funds investing in US stocks. The top 10 consensus stock picks of hedge funds outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). Whether you are a beginner investor or professional one looking for the best stocks to buy, you can benefit from the wisdom of hedge funds and corporate insiders.

20. Provaris Energy Ltd (ASX:PV1.AX)

Market Cap: $18.265 million 

Starting our list of 20 Biggest Chemical Companies in Australia, 2024 with Provaris Energy Ltd (ASX:PV1.AX). Provaris Energy Ltd (ASX:PV1.AX) is mainly involved in projects related to development of hydrogen production and operates in Australia as well as internationally. Along with this, it actively participates in the development of compressed hydrogen shipping solutions.

In their earnings report for the half-year ending December 31, 2023, Provaris Energy Ltd reported a net loss of around 2.44 million USD which was a slight improvement from the net loss of 2.55 million USD in the same period last year.

19. Foresta Group Holding Limited (ASX:FGH.AX)

Market Cap: $19.006 million 

Starting our list of 20 Biggest Chemical Companies in Australia, 2024 with Foresta Group Holding Limited (ASX:FGH.AX). Foresta Group Holding Limited focuses on producing natural wood rosin and turpentine from renewable pine chemicals. They supply a wide range of industries, from soaps to car tires.

Foresta Group Holding Limited (ASX:FGH.AX) reported their earnings for the year ending June 30, 2023. Sales amounted to around 0.0102 million USD, down from about 0.1178 million USD the previous year. They also reported a net loss of approximately 5.34 million USD for the year, which was worse than the previous year’s loss of around 3.92 million USD.

18. Kore Potash plc (ASX:KP2.AX)

Market Cap: $28.672 million 

Kore Potash plc (ASX:KP2.AX) is mainly focused on the Sintoukola potash project, which includes deposits of Kola sylvinite and carnallite near Pointe Noire. In their earnings report for the half-year ending June 30, 2023, Kore Potash plc (ASX:KP2.AX) reported a net loss of $$0.46 million, while the company reported a loss of $0.90 million for the same period the previous year.

17. PPK Group Limited (ASX:PPK.AX)

Market Cap: $28.938 million 

PPK Group Limited (ASX:PPK.AX) is an Australian company specializing in nanomaterials, artificial intelligence, and energy solutions. PPK Group Limited (ASX:PPK.AX) main focus is on designing and making batteries, full battery energy storage systems, and white graphene. In their earnings report for the half-year ending December 31, 2023, PPK Group reported sales of about 10.80 million USD, a big jump from around 0.302 million USD the year before.

16. Centrex Limited (ASX:CXM.AX)

Market Cap: $29.380 million 

Centrex Limited (ASX:CXM.AX) is involved in the exploration, evaluation, development, and production of mineral resources in Australia. Centrex Limited (ASX:CXM.AX) mainly produces phosphate rock and also mines for potash, zinc, and copper. In its earnings report for the full year ended June 30, 2023, Centrex Limited reported sales of approximately 16.88 million USD, which was an immense increase from 0.139 million USD reported for the previous year.

15. Noble Helium Limited (ASX:NHE.AX)

Market Cap: $29.413 million 

Noble Helium Limited (ASX:NHE.AX) explores helium projects in Tanzania, and holds 100% interests in the North Rukwa Basin project. This project comprises 12 granted prospecting licenses covering an area of approximately 1,467 square kilometers in south-west Tanzania. In its earnings report for the half-year ended December 31, 2023, Noble Helium Limited (ASX:NHE.AX) stated a net loss of approximately 2.015 million USD, compared to the income of 0.629 million USD reported for the same period the previous year.

14. Agrimin Limited (ASX:AMN.AX)

Market Cap: $30.223 million 

Agrimin Limited (ASX:AMN.AX) focuses on the exploration and development of potash projects, particularly sulphate of potash, in Western Australia. In its earnings report for the half-year ended December 31, 2023, Agrimin Limited (ASX:AMN.AX) reported a net loss of approximately 1.326 million USD compared to a net income of approximately 0.432 million USD reported for the same period the last year.

13. Minbos Resources Limited (ASX:MNB.AX)

Market Cap: $47.284 million 

Minbos Resources Limited (ASX:MNB.AX) is involved in the exploration and development of mineral projects, with a focus on phosphate and ammonia deposits. In its earnings report for the half-year ended June 30, 2023, Minbos Resources Limited (ASX:MNB.AX) disclosed a net loss of approximately 1.417 million USD.

12. EcoGraf Limited (ASX:EGR.AX)

Market Cap: $53.145 million 

EcoGraf Limited (ASX:EGR.AX) is involved in exploring and making graphite products for the lithium-ion battery and advanced manufacturing markets in Asia, Europe, and North America. Their focus is on finding graphite minerals. In their earnings report for the half-year ended December 31, 2023, EcoGraf Limited (ASX:EGR.AX) disclosed revenue of approximately 1.56 million USD, compared to 1.053 million USD reported for the same period the previous year.

11. ClearVue Technologies Limited (ASX:CPV.AX)

Market Cap: $74.828 million 

ClearVue Technologies Limited (ASX:CPV.AX), along with its subsidiaries, specializes in providing building-integrated photovoltaic solutions in Australia. Their product offerings include CLEARVUEPV, and SMARTVUEPV. In January 2024, ClearVue Technologies Limited (ASX:CPV.AX) scored a big contract to supply their transparent solar glass tech for a six-story building in Melbourne. The contract was worth $8.0 million.

10. Danakali Limited (OTC:SBMSF)

Market Cap: $98.163 million 

Danakali Limited (OTC:SBMSF) is involved in mineral exploration in Eritrea, East Africa. It has a specific focus on developing the Colluli potash project situated in the Danakil Depression region of Eritrea. In January 2024, Danakali Limited (OTC:SBMSF) announced that the Board of Directors is looking into various new liquidity options for shareholders. This comes after they got a hefty distribution of US$154.7 million from selling the Colluli Potash Project.

9. Highfield Resources Limited (ASX:HFR.AX)

Market Cap: $103.190 million 

Highfield Resources Limited (ASX:HFR.AX) is an Australian mineral exploration company. It operates on approximately four potash projects. One of its key projects is the Muga project which focuses on exploiting shallow sylvinite beds located southeast of the project area.

In March 2024, Highfield Resources Limited (ASX:HFR.AX) announced the contract award for constructing the declines and underground mining infrastructure at the Muga-Vipasca Potash Project.. The contract was awarded to a joint venture formed by EPOS-Empresa Portuguesa de Obras Subterráneas S.A. and TUNELAN-Obras Subterráneas S.A.

8. DGL Group Limited (ASX:DGL.AX)

Market Cap: $125.611 million 

DGL Group Limited (ASX:DGL.AX) is focused on specialty chemicals. DGL Group Limited (ASX:DGL.AX) formulate, distribute, and take care of waste management and recycling. They provide these services across Australia, New Zealand, and the United States. In its earnings report for the half-year ended December 31, 2023, DGL Group Limited disclosed sales of approximately 141.05 million USD, while it reported 141.22 million USD reported for the same period the previous year.

7. Calix Limited (ASX:CXL.AX)

Market Cap: $184.137 million 

Calix Limited (ASX:CXL.AX) is an environmental technology company that operates globally. Calix Limited (ASX:CXL.AX) provides industrial solutions to tackle sustainability challenges across the globe. In March 2024, Co-Founder Mark Sceats made the largest insider purchase in the past year. He spent around 285,350 USD buying shares at about 2.85 USD each. This showed his confidence in the company, whose shares were then trading at around $1.

6. Alpha HPA Limited (ASX:A4N.AX)

Market Cap: $506.858 million 

Sixth on the list of 20 Biggest Chemical Companies in Australia, 2024 is Alpha HPA. Alpha HPA Limited (ASX:A4N.AX) specializes in specialty metals and technology. Their prime focus is on exploring high purity alumina (HPA) deposits. Their big project, HPA First, is located in Gladstone, Queensland. In April, 2024, Alpha HPA Limited (ASX:A4N.AX) has bagged a $400 million debt from Australian state in relation to its HPA First Project, which is all about producing pure aluminum products, aiming to put Australia high up there, in relation to industries like semiconductors, lithium-ion batteries, and LED lighting.

Click to continue reading and find out about 5 Biggest Chemical Companies in Australia, 2024.

Suggested Articles:

Disclosure: None. 20 Biggest Chemical Companies in Australia, 2024 is originally published on Insider Monkey.

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

We’re now offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Here’s why this is a deal you can’t afford to pass up:

• Access to our Detailed Report on our AI, Tariffs, and Nuclear Energy Stock with 100+% potential upside within 12 to 24 months

• BONUS REPORT on our #1 AI-Robotics Stock with 10000% upside potential: Our in-depth report dives deep into our #1 AI/robotics stock’s groundbreaking technology and massive growth potential.

• One New Issue of Our Premium Readership Newsletter: You will also receive one new issue per month and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.

• One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149

• Bonus Content: Premium access to members-only fund manager video interviews

• Ad-Free Browsing: Enjoy a month of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.

• Lifetime Price Guarantee: Your renewal rate will always remain the same as long as your subscription is active.

• 30-Day Money-Back Guarantee: If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

 

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…