Brenntag tops ICIS Top 100 Chemical Distributors global ranking
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Brenntag HQ
Topping the charts in the 13th annual ICIS Top 100 Chemical Distributors list is Germany-based Brenntag with $16.4 billion in 2021 sales.
It is followed by US-based Tricon Energy at $10 billion, US-based Univar Solutions at $9.5 billion, Japan-based Nagase & Co at $7.2 billion and Germany-based Helm at $6.9 billion, ICIS announced in its list, which is the most comprehensive global ranking of these critical companies in the supply chain.
The ICIS Top 100 Chemical Distributors listing, which also includes information on more than 300 companies, additionally ranks leaders in key geographies. Geographically, Petrochem Middle East tops the Middle East & Africa rankings.
The regional leaders are Brenntag (Europe), Univar Solutions (North America), Nagase & Co (Asia Pacific) and Tricon Energy (Latin America).
Persistent disruptions
“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 May 6, 2022 issue of ICIS Chemical Business in association with the Fecc (European Association of Chemical Distributors).-- TradeArabia News Service
