This past week, Exxon received a great deal of press about their petrochemical business and the contribution it is making to their bottom line. With the plastics and chemical products derived from petroleum products, these industry segments are tightly linked and many oil companies have petrochemical divisions. In large part, plastics is part of the driver into new, emerging markets – particularly Asia growth.
Here we take a look at the chemical companies and oil companies in the Global 5000. There are 233 Oil companies and 161 Chemical companies in The Global 5000.
Over the past 5 years, all companies in The Global 5000 grew by an average of 5% with Oil companies growing 6.6% and Chemicals at 4.7% annually. If we look at the revenue per employee ratios, Oil companies show a figure of $775,000 compared to $502,000 for Chemical companies.
The largest oil companies are:
- Exxon Mobil
- Dutch Shell
- China Petroleum & Chemical
- Total S.A.
Among the chemicals, the leaders are:
- Dow Chemical
- Noble Group
- LyondellBasell Industries