2024 ICIS Top 100 Chemical Distributors ranking revealed

LONDON and NEW YORK, May 28, 2024 /PRNewswire/ -- ICIS is pleased to announce the 15th annual ICIS Top 100 Chemical Distributors, the most comprehensive global ranking of these essential companies in the chemical supply chain.

Leading the group once again is Germany-based Brenntag with $18.6 billion in 2023 sales, followed by US-based Univar Solutions at $11.5 billion, US-based Tricon Energy at $10.6 billion, Japan-based Nagase & Co at $6.5 billion and Netherlands-based IMCD at $5.1 billion.

The ICIS Top 100 Chemical Distributors is the brand, but we include information on more than 300 companies, as well as rank leaders in key geographies.

The regional leaders are Brenntag (Europe), Univar Solutions (North America), Nagase & Co (Asia Pacific), and Tricon Energy (Latin America / Middle East & Africa).

"Amid an ever-changing business and regulatory landscape, chemical distributors worldwide are adapting to better target key opportunities," said Joseph Chang, global editor of ICIS Chemical Business.

"There is no dearth of challenges, from sluggish yet slowly recovering demand, shipping disruptions from geopolitical turmoil, heightened regulatory activity and sustainability needs of customers, increasing tariffs, deindustrialization in Europe and reworking of supply chains from reshoring/nearshoring," 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 Alliance for Chemical Distribution (ACD) which was formerly NACD, Associquim (Brazilian Association of Chemical and Petrochemical Distributors), Responsible Distribution Canada (RDC), UK-based Chemical Business Association (CBA), and Netherlands-based International Chemical Trade Association (ICTA).

The ICIS Top 100 Chemical Distributors ranking is based on 2023 sales and year-end 2023 currency exchange rates, appears in the special 24 May 2024 issue of ICIS Chemical Business in association with the Fecc. It is available for download here.

About ICIS

ICIS – Independent Commodity Intelligence Services – helps businesses through seamlessly delivering data and analytics, across the chemical, fertilizer and energy markets. A trusted source and benchmark for price information and insight across key commodities markets worldwide. Our independent, transparent market intelligence informs thousands of quality decisions every day, taking the pressure out of negotiations and giving customers space for more innovative thinking, through published datasets including price assessments, price forecasts, supply and demand fundamentals and more. Over 150 years of shaping the world by connecting markets to optimize 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.

ICIS is part of RELX, a FTSE15 company with a market cap of £65.9bn and an employee base of over 35,000 experts across 40 countries.

About RELX

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 £65.9bn | €77.4bn | $84.2bn

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SOURCE ICIS