Top 5 Chemical Companies in the World in 2022

2. Sinochem Holdings

Total revenue of the company in 2019 (in millions of dollars): 172,260

Total profit of the company in 2019 (in millions of dollars): -198

Total assets of the company in 2019 (in millions of dollars): 241,750

Total employees of the company in 2019: 220,760

Sinochem is China’s biggest chemical company, along with being the biggest in Asia. The state-owned giant was founded in 1950 and owns more than 300 subsidiaries. It has been a major part of the global chemical industry for decades and has been included in Fortune Global 500 more than 25 times. Even though Sinochem topped three out of the four metrics considered for our rankings, it was the only loss making company in our list, which is why it was unable to claim the number 1 position.