The ICIS Top 100 Chemical Companies: Listing and footnotes

The ICIS Top 100

Bubbling under

Footnotes:
a Financial results include the effects of the acquisition of the Cognis group
b Chemical segment figures only. Includes intersegment revenues, e.g. revenue for sales to other divisions of by-products. For ExxonMobil, intersegment revenue was $18.1bn in 2010 and $14.1bn in 2009. Also for ExxonMobil the operating profit figure was calculated by adding the earnings after income tax for the US and non-US with the income taxes for the US and non-US. Operating profit in 2010 was $3.4bn and $2.4bn in 2009. For Shell in 2010, intersegment chemical figures include trading and intersegment sales of $4.3bn and $3.0bn in 2009. For Sinopec = external sales with inter segment sales. Ube figs = Chemicals & Plastics + Specialty Chemicals & Products. For Evonik in 2010, external sales = €12.9bn and €10.0bn in 2009 and internal sales in 2010 = €79m and €90m in 2009.
c Finances are based on the sum of predecessor and successor components after emergence from bankruptcy, April 30, 2010
d Financial year-end March 31, 2011
e Net sales includes intersegment sales, data excludes HealthCare division (2010 sales €17.0bn; 2009 sales €16.2bn)
f Quattor in the period from January to March and Unipar Comercial and Polibutenos in the period from January to April are not part of Braskem’s consolidated results, since they were acquired in April and May, respectively
g Linde Gas & Engineering sales, operating profit and employee figures only
h Excludes real estate and energy business areas
i e_SIhtPetrochemical figures only. For SK Energy, the sales revenue figure includes intersegment sales, for 2010 won (W) 3.536trn and for 2009, W2.946trn
j Asahi Kasei excludes homes and health-care segments
k Excludes optical and glass segments
l Financial year-end June 30, 2010, Sasol turnover figures from the chemical cluster (polymers, solvents, olefins and surfactants)
m Net profit is pre-tax
n Adhesive Technologies segment only
o Solvay completed the sale of its pharmaceutical business to Abbott Laboratories and financial reporting includes the New Business Development business segment
p The 2010 and 2009 pro-forma figures for Momentive Performance Materials Holding include both Momentive Specialty Chemicals and Momentive Performance Materials (collectively Momentive), formed in October 2010. Please refer to SEC filings
q ICIS estimated revenue excluding equity-accounted joint ventures in China, Malaysia and Germany. 2010 and 2009 revenue inclusive of equity-accounted joint ventures are $14.0bn and $9.5bn, respectively
r Financial year-end May 31, 2011
s Financial year-end September 30, 2010
t Ashland excludes distribution business
u Specialty Materials figures used
v Financial results include the effects of the acquisition of Terra Industries
w Net sales. The total of NPC and its associated companies in 2010 is $18bn
x Financial results include the effects of the acquisition of Mitsubishi Rayon
y Petrochemical and fertilizer figures only
z Plans to rename to Trinseo in late 2011. Finances are based on the sum of predecessor and successor components
Ø Comparative figures for 2009 do not include INEOS Industries Holdings

Exchange rate
Key financial year end exchange rates used for 2010 data (2009 in ­parentheses): €/$ 1.325 (1.433), $/Yen 82.81 (92.68) based on March 31 year-end

Reasons for company exclusions
PetroChina: Does not segment chemicals from refining business
Repsol: No longer discloses chemical segment figures
INEOS Styrenics: Equity accounted JV of INEOS and NOVA Chemicals. In 2010, INEOS Styrenics had $3.1bn revenue
Koch: Does not segment chemical data
OMV: Includes petrochemical operations in its refining and marketing segment
Shanghai Petrochemical: Majority-owned by Sinopec
Samsung Total: Sales equity accounted in Total and Samsung figures
ChemChina: Accounts not made public. Estimated 2010 sales were CNY136.5bn ($20.7bn), 2009 sales CNY122.6bn
China Blue Star Chem: Majority-owned by ChemChina
Formosa Plastic USA: Not segmented in Formosa reports
Formosa Petrochemical: Company does not segment chemicals from its refining business
Nan Ya Plastics: Sales a mixture of chemicals and processed items
Yeochon NCC: Results included with Hanwha and Daelim
Daelim: Below Top 100 in sales as ­Yeo-chon NCC accounted as equity ­company
Samsung: The company does not consolidate various chemical company interests into one area
PTT Group: Results included as IRPC and PTTCH businesses
SIBUR: In the midst of restructuring, which includes an exit from noncore business activities. After completion of this process, accounts are expected to be made public, but the company has decided not to publish the current accounts
Flint Group: Accounts not made public