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On July 22, the U.S. magazine Chemical & Engineering News (C&EN) released its list of the “Top 50 Global Chemical Companies in 2025”. BASF, Sinopec, and Dow remain in the top three positions, while CNPC rose to fourth place, with a gap of less than 200 million dollars from Dow. Eleven Chinese companies made the list, the same number as the previous year. BASF ranks first, with chemical sales amounting to around $70.6 billion in 2024 ; Sinopec’s chemical sales amounted to around $58.1 billion, which is $12.5 billion less than BASF’s, placing it in second place ; Dow has sales of around $43 billion, ranking third. The Chinese chemical companies on this list this year are still the same as last year’s; aside from Sinopec and CNPC, Formosa Plastics ranks 11th, Syngenta under Sinochem is in 13th place, Rongsheng Petrochemical is in 14th place, Wanhua Chemical is in 15th place, Hengli Petrochemical is in 18th place, Dongfang Shenghong is in 23rd place, Tongkun Holding is in 30th place, Hengyi Petrochemical is in 35th place, and Xinfengming Group is in 44th place. Among them, China Petroleum, Wanhua Chemical, Tongkun Holding, and Xinfengming saw an increase in their rankings. Among this year’s top 50 chemical companies, there are 11 from China, 10 from the United States, 7 from Japan, 4 from Germany, 3 from the United Kingdom, and 2 from South Korea. This year, the threshold for making it into the top 50 chemical companies is $8 billion, a decrease of nearly $4 billion compared to last year. There are 40 companies with sales exceeding $10 billion, 2 fewer than in the previous year. Among them, 2 companies have sales of over $50 billion, 3 companies have sales between $40 billion and $50 billion, 6 companies have sales between $30 billion and $40 billion, 7 companies have sales between $20 billion and $30 billion, and 22 companies have sales between $10 billion and $20 billion.