Global chemical giant’s first quarter 2016 corporate financial report “released” – UV absorber manufacturer

Recently, the financial statistical report of the world’s major chemical companies in the first quarter of 2016 has been “released”. The report includes chemical giants in Europe, America and Asia. Let’s take a closer look.

Global chemical giant’s first quarter 2016 corporate financial report “released”

European giant

BASF

In the first quarter of 2016, BASF SE’s sales fell 29% year-on-year to 14.2 billion euros. Mainly affected by the divestment of the natural gas trading and storage business, this business contributed 4.2 billion euros to sales in the first quarter of 2015. Low oil prices have led to lower selling prices, especially in the chemicals business. Compared with the same period last year, EBIT before special items was 1.9 billion euros, a decrease of 129 million euros. Earnings before interest, taxes, depreciation and amortization (EBITDA) was 2.8 billion euros, a decrease of 78 million euros. Net income was 1.4 billion euros, an increase of 213 million euros.

Company profile: BASF SE (BASF SE), the abbreviation BASF comes from the previous full name “Badische Anilin-und-Soda-Fabrik” (Baden aniline soda plant), is a German chemical company and the world’s largest One of the chemical plants. BASF Group has more than 160 wholly-owned subsidiaries or joint ventures in 41 countries in Europe, Asia, North and South America. The company is headquartered in Ludwigshafen on the Rhine River, which is the chemical product base with the largest factory area in the world.

Clariant

Clariant, the world’s leading manufacturer of specialty chemicals, announced that sales from continuing operations in the first quarter of 2016 totaled CHF 1.478 billion, up from CHF 1.465 billion in the same period last year. In local currency terms, sales increased by 3%, mainly due to higher year-over-year sales.

Mitsubishi Chemical Holdings Co., Ltd.

Mitsubishi Chemical Holdings Corporation released its results for the fiscal year ended March 31, 2016. Full-year net sales were 3,823.1 billion yen, compared with 3,656.3 billion yen the previous year. Full-year operating profit was 280 billion yen, compared with 165.7 billion yen the previous year. Full-year net profit was 46.4 billion yen, compared with 60.9 billion yen the previous year.

Company Profile: Mitsubishi Chemical, as a member of the Mitsubishi Chemical Holdings Group, is committed to “realizing KAITEKI (a comfortable society)” by supporting the broad and diverse technological base with “chemistry” as the main axis that has been accumulated and cultivated to date. , Health and Comfort are the three major judgment criteria for the company’s business activities to promote the diversified development of all work.

Sumitomo Chemical

Sumitomo Chemical released its results for the fiscal year ended March 31, 2016. Annual sales were 2,101.8 billion yen, compared with 2,376.7 billion yen the previous year. Full-year operating profit was 164.4 billion yen, compared with 127.3 billion yen the previous year. Net profit for the year was 81.5 billion yen, compared with 52.2 billion yen the previous year.

Company profile: In 1915, chemical fertilizers were produced from sulfurous gas produced in copper smelting. In this way, pollution was prevented and resources could be reused. This is how Sumitomo Chemical Industries, Ltd. developed in the struggle to benefit mankind. Now, it is one of Japan’s representative comprehensive chemical companies and one of the main companies of the Sumitomo Group. Now, it has 4 departments of basic chemistry, petrochemistry, precision chemistry, and agricultural chemistry and 10 research institutes, and produces and supplies industrial pharmaceuticals, synthetic fiber materials, aluminum, synthetic rubber, synthetic resins, dyes, chemicals, etc. in 5 factories. There are about 3,000 kinds of products including finished products, pesticides, feed additives, chemical fertilizers, etc.

Toray

Toray Industries, Inc. released its results for the fiscal year ended March 31, 2016. Full-year net revenue was 2,104.4 billion yen (approximately US$18.7 billion), compared with 2,010.7 billion yen the previous year. Full-year operating profit was 154.5 billion yen, compared with 123.5 billion yen the previous year. Full-year net profit was 90.1 billion yen, compared with 71 billion yen the previous year.

Company Profile: Toray Group integrates nanotechnology into its business fields and regards organic synthetic chemistry, polymer chemistry and biotechnology as its core technologies. In addition to the fiber and textiles, plastics and chemical products businesses that are the foundation of Toray, Toray is also promoting other globally important business areas, such as IT-related products, carbon fiber composite materials, pharmaceuticals and medical products, environment and engineering, including water treatment and other career development.

Asahi Kasei

Asahi Kasei Corporation released its results for the fiscal year ended March 31, 2016. Full-year net revenue was 1,940.9 billion yen, compared with 1,986.4 billion yen the previous year. Full-year operating profit was 165.2 billion yen, compared with 157.9 billion yen the previous year. Full-year net profit was 91.8 billion yen, compared with 105.7 billion yen the previous year.

Company Profile: The history of Asahi Kasei is a history of growth. The origins of the company can be traced back to Asahi Kinori Co., Ltd. established in May 1922 and the ammonia fertilizer production plant established in Nobeoka by Noguchi Tsumugi in October 1923.