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Table 1

Top Ten Chemical Companies and Circular Economy, 2018

2018 RankingCompanyHQ LocationDate the “Circular Economy” Entered Corporate Reports (in English)
DowDuPont United States Dow since 2014; DuPont since 2019 (separate sustainability reports despite 2017 merger) 
BASF Germany Since 2018 
3 Sinopec China Since 2011, but not in years 2012, 2014, or 2018 
SABIC Saudi Arabia Since 2015 
INEOS Switzerland Since 2016 
Formosa Plastics Taiwan Since 2017 in annual report, but not in CSR or EHS reports 
ExxonMobil United States No direct use of CE in documents, but joined circular economy recycling initiative in 2018 
LyondellBasell Netherlands Circular polymers since 2017; sustainability report 2017; CE specific report in 2018 
Mitsubishi Chemical Japan Since 2019 (joined CE 100) 
10 LG Chem South Korea Since 2018 
2018 RankingCompanyHQ LocationDate the “Circular Economy” Entered Corporate Reports (in English)
DowDuPont United States Dow since 2014; DuPont since 2019 (separate sustainability reports despite 2017 merger) 
BASF Germany Since 2018 
3 Sinopec China Since 2011, but not in years 2012, 2014, or 2018 
SABIC Saudi Arabia Since 2015 
INEOS Switzerland Since 2016 
Formosa Plastics Taiwan Since 2017 in annual report, but not in CSR or EHS reports 
ExxonMobil United States No direct use of CE in documents, but joined circular economy recycling initiative in 2018 
LyondellBasell Netherlands Circular polymers since 2017; sustainability report 2017; CE specific report in 2018 
Mitsubishi Chemical Japan Since 2019 (joined CE 100) 
10 LG Chem South Korea Since 2018 

Source: Created by the author based on the Chemical and Engineering News’s annual survey of the Global Top Fifty chemical companies, 2018, and corporate annual reports.

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