Since the development of chemical industry, there are many historical brand enterprises that have never been seen before, and there are also well-known chemical enterprises that have jumped to the top in recent decades. In the development of the upstream material industry of silicone products, we can’t forget which industries are big names, and they have a certain relationship with them whenever the market of raw materials rises abnormally or new silicone products are released. Do you know how they rank among so many chemical enterprises?
Brand Finance, a British brand evaluation agency, recently released “Top 10 Most Valuable Chemical Brands in the World in 2019”. In the past year, the brand value of BASF in Germany has increased by 11%, reaching $8.3 billion, ranking first among the most valuable chemical brands in the world. BASF’s brand value benefits from the launch of a new strategy, which includes ambitious new goals, more emphasis on organic growth and accelerated expansion in Asia, especially in China. BASF will face stiff competition from Dowdupont Companv, which merged in 2017. Dow’s brand is 6.8 billion dollars, ranking second; The value of DuPont brand increased by 21% to $3.3 billion in the past year. SABIC, the fifth-ranked Saudi petrochemical giant, became a new entrant in the top 10 in 2018, ranking third, and its brand value increased steadily by 6.5% to $4 billion. South Korea’s LG Chem has the fastest growth rate, and its brand value has increased by 38% to US$ 3.3 billion, rising from fifth place to fourth place, surpassing DuPont. In 2019, the new entrant was LyondellBasell, whose brand value rose by 32% to reach $3.1 billion, ranking sixth. The following are the list details:
Mouth BASFWe crente chemstry
SleSabic
BASF
No.1
In the above list, BASF Germany ranked NO.1 with US$ 8.253 billion /+10.8%. BASF’s brand value benefited from the launch of new strategies, including ambitious new targets, more emphasis on organic growth and accelerated expansion in Asia, especially in China. BASF is in a leading position in both basic and fine chemical industries. Unique patented technology in many basic raw materials and fine chemicals, with high profits. In China, Polyamine occupies a large share (the other is China Wanhua), and it has production bases in Shanghai and Chongqing. Joint venture with Sinopec, with an integrated refining and chemical base in Nanjing (large)
Ethylene project), commonly known as yangba.
No.2
Dow USA ranked first and second with US$ 6.819 billion /+4.2%, and BASF will face severe competition from Dowdupont Company, which merged in 2017. In the past year, the value of DuPont brand has increased by 21% to $3.3 billion, ranking fifth. Dow Chemical, founded in 1897, is a century-old shop in the global chemical industry. As the second multinational company in the global chemical industry, Dow Chemical has 189 R&D centers, sales centers and production bases in 34 countries and regions around the world, forming a global network system for the integration of industry-wide value chain resources. At present, the company has a total of 56,000 employees, and there are more than 7,000 kinds of products in silicone.
No.3
Third, Saudi Arabia’s petrochemical giant SABIC became a new entrant in the top 10 in 2018, ranking third, and its brand value increased by 6.5% to reach USD 4 billion. SABIC is a diversified chemical company headquartered in Riyadh, Saudi Arabia, and the largest and most profitable non-oil division in the Middle East. The company has more than 35,000 employees and about 1,400 scientific research experts around the world. At present, the company’s annual output of chemical products can reach 72.7 million tons, and its business covers more than 50 countries and regions around the world. It is one of the largest exporters of fertilizers, polymers and chemicals in the world, and it is also in a leading position in engineering plastics.
No.4
Fourth, LG
South Korea’s LG Chem has the fastest growth rate, and its brand value has increased by 38% to US$ 3.3 billion, rising from fifth place to fourth place, surpassing DuPont. LG Chem is the most representative chemical enterprise in Korea and a global material enterprise, and has established a global network of production, sales and research and development in major regions of the world, selling petrochemical products, plastics, electronic materials, batteries and other advantageous products to the world.
No.5
VI. Basel, leander
In 2019, the new entrant was LyondellBasell, whose brand value rose by 32% to reach $3.1 billion, ranking sixth. Basel, the predecessor of leander Basel (LyonDELLBAse), is a joint venture established by the merger of polyolefin business of BASF and Shell in 2000. It was spun off by the two companies in 2005 and operated independently. In 2007, Basel spent $19 billion to acquire leander Company of the United States, and was renamed as Ender Basel. Its main business involves basic chemicals, oil refining, etc. It is the world’s largest producer of polypropylene and propylene oxide, and the world’s leading producer of polyethylene and oxidized fuel.
