Brenntag tops ICIS Top 100 Chemical Distributors global ranking
LONDON and NEW YORK, May 12, 2022 /PRNewswire/ -- ICIS is pleased to announce the 13th annual ICIS Top 100 Chemical Distributors, the most comprehensive global ranking of these critical companies in the supply chain.
Topping the charts is Germany-based Brenntag with $16.4bn in 2021 sales, followed by US-based Tricon Energy at $10bn, US-based Univar Solutions at $9.5bn, Japan-based Nagase & Co at $7.2bn and Germany-based Helm at $6.9bn.
The ICIS Top 100 Chemical Distributors listing, which also includes information on more than 300 companies, additionally ranks leaders in key geographies. The regional leaders are Brenntag (Europe), Univar Solutions (North America), Nagase & Co (Asia Pacific), Tricon Energy (Latin America) and Petrochem Middle East (Middle East & Africa).
"Amid widespread and persistent global supply chain disruptions spanning from lingering effects of the pandemic to the Russia/Ukraine war resulting in logistics jams, shortages of labour and key raw materials, along with extreme energy price volatility, the spotlight is shining ever brighter on chemical distributors as resilient and reliable partners," said Joseph Chang, global editor of ICIS Chemical Business.
"If supply chain disruptions are indeed the 'new normal', chemical distributors become even more important players in navigating through logistics challenges and providing reliable supply of materials," he added.
The ICIS Top 100 Chemical Distributors has been compiled with the support of the European Association of Chemical Distributors (Fecc), the US-based National Association of Chemical Distributors (NACD), Associquim (Brazilian Association of Chemical and Petrochemical Distributors), Responsible Distribution Canada (RDC) and the UK-based Chemical Business Association (CBA).
The ICIS Top 100 Chemical Distributors ranking, a global listing based on 2021 sales and year-end 2021 exchange rates, appears in the special 6 May 2022 issue of ICIS Chemical Business in association with the Fecc (European Association of Chemical Distributors), and is available for download here.
ICIS is a trusted source of global commodity intelligence for the energy, chemical and fertilizer industry. We are a division of RELX, a FTSE 15 company with a market cap of £43.2 billion and an employee base of over 30,000 experts across 40 countries.
At ICIS, we help businesses make strategic decisions, mitigate risk, improve productivity and capitalise on new opportunities. We make some of the world's most important markets more trusted and predictable by providing data services, thought leadership and decision tools. As a result of our unmatched global presence, we can deliver targeted connected intelligence to influence thousands of decisions across supply chains every single day. We shape the world by connecting markets to optimise the world's valuable resources. With a global team of more than 600 experts, ICIS has employees based in London, New York, Houston, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Dubai, Sao Paulo, Seoul, Tokyo and Perth.
RELX is a global provider of information and analytics for professional and business customers across industries. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs approximately 30,000 people of whom almost half are in North America. RELX PLC is a London listed holding company which owns 52.9% of RELX Group. RELX NV is an Amsterdam listed holding company which owns 47.1% of RELX Group. The shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX and RENX. Total market capitalisation is approximately £43.2bn, €50.7bn, $52.9bn.
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