BASF announced its fourth-quarter and full-year financial results for 2024. In Q4, sales were €15.856 billion (approximately $18 billion), compared to €15.871 billion in the same period last year. EBITDA for the quarter was €1.187 billion, up from €1.099 billion last year. The quarterly net loss was €786 million, an improvement from a €1.587 billion loss in the previous year. For the full year, sales amounted to €65.26 billion (approximately $74.3 billion), compared to €69.802 billion last year. EBITDA for the year was €6.681 billion, down from €7.18 billion last year. Full-year net profit was €1.298 billion, up from €225 million last year.
LyondellBasell reported its Q4 and full-year results for 2024. Q4 sales were $9.497 billion, compared to $9.929 billion in the same period last year. Q4 EBITDA showed a loss of $409 million, down from a profit of $639 million last year. The quarterly net loss was $603 million, while the same period last year saw a net profit of $185 million. Full-year sales were $40.302 billion, compared to $41.107 billion last year. EBITDA for the year was $3.456 billion, down from $4.509 billion. Full-year net profit was $1.367 billion, down from $2.121 billion last year.
INEOS reported its 2024 performance. Full-year sales were €16.18 billion (approximately $18.4 billion), up from €14.885 billion last year. Operating profit for the year was €1.113 billion, up from €707 million last year. The full-year net loss was €150 million, compared to a profit of €309 million in the previous year.
Evonik released its Q4 and full-year 2024 financial results. Q4 sales were €3.599 billion (approximately $4.094 billion), slightly down from €3.604 billion last year. Q4 EBIT showed a loss of €91 million, down from a profit of €30 million last year. The quarterly net loss attributable to company shareholders was €152 million, slightly higher than €146 million in the same period last year. For the full year, sales were €15.157 billion (approximately $17.2 billion), compared to €15.267 billion last year. Full-year EBIT was €577 million, a significant recovery from a €243 million loss last year. Full-year net profit attributable to company shareholders was €222 million, a substantial improvement from a net loss of €465 million in the previous year.
Covestro reported its 2024 full-year results. Full-year sales were €14.179 billion (approximately $16.1 billion), compared to €14.377 billion last year. EBIT for the year was €87 million, down from €186 million last year. Full-year net loss attributable to company shareholders was €266 million, a deterioration from the €198 million loss reported in the previous year.
dsm-firmenich reported its Q4 and full-year 2024 financial results. Q4 sales were €3.257 billion (approximately $3.7 billion), compared to €3.112 billion in the same period last year. Adjusted EBITDA for Q4 was €601 million, up from €439 million last year. Full-year net sales were €12.799 billion (approximately $14.6 billion), compared to €12.310 billion last year. Full-year operating profit was €561 million, an improvement from an operating loss of €173 million last year. The company reported a net profit of €280 million from continuing operations, a significant turnaround from a €550 million loss last year.
Henkel released its 2024 performance results. Full-year sales were €21.586 billion, compared to €21.514 billion last year. Operating profit (EBIT) for the year was €2.831 billion, up from €2.011 billion last year. Full-year net profit attributable to group shareholders was €2.007 billion, compared to €1.318 billion in the previous year. The Adhesive Technologies segment had sales of €10.97 billion (approximately $12.5 billion) with operating profit of €1.715 billion. The Consumer Brands division had sales of €10.467 billion with operating profit of €1.276 billion.
Arkema announced its 2024 full-year results. Full-year sales were €9.544 billion (approximately $10.9 billion), compared to €9.514 billion last year. Full-year EBITDA was €1.532 billion, up from €1.501 billion last year. The adjusted net profit for the year was €616 million, down from €653 million last year.
Borealis reported its 2024 full-year performance. Full-year net sales were €7.852 billion (approximately $8.926 billion), compared to €7.082 billion last year. Operating profit for the year was €342 million, a significant increase from €5.78 million last year. Full-year net profit attributable to the parent company’s shareholders was €563 million, up from €197 million last year.
Syensqo announced its 2024 performance results. Full-year sales were €6.846 billion (approximately $7.783 billion), compared to €7.065 billion last year. EBIT for the year was €471 million, down from €547 million last year. The full-year net loss attributable to the group’s shareholders was €5 million, a significant decline from a net profit of €193 million in the previous year.
LANXESS reported its Q4 and full-year 2024 financial results. Q4 sales were €1.483 billion (approximately $1.686 billion), compared to €1.436 billion in the same period last year. The company posted an operating loss of €23 million in Q4, compared to a loss of €581 million in Q4 2023. The quarterly net loss attributable to company shareholders was €64 million, an improvement from a net loss of €590 million last year. Full-year sales were €6.366 billion (approximately $7.238 billion), down from €6.714 billion last year. Full-year operating loss was €28 million, compared to a loss of €668 million last year. The net loss attributable to company shareholders was €177 million, a significant deterioration from a net profit of €443 million last year.
Solvay reported its Q4 and full-year 2024 financial results. Q4 net sales were €1.134 billion (approximately $1.289 billion), slightly up from €1.131 billion last year. EBITDA for the quarter was €256 million, up from €238 million last year. The quarterly net profit attributable to company shareholders was €101 million, compared to €191 million last year. For the full year, net sales were €4.686 billion (approximately $5.327 billion), compared to €4.88 billion last year. Full-year EBITDA was €1.052 billion, down from €1.246 billion. The net profit attributable to company shareholders was €432 million, a significant decline from €1.417 billion last year.
Umicore announced its 2024 financial results. Full-year sales were €14.854 billion, down from €18.266 billion last year. Excluding metal-related activities, the company’s sales were €3.461 billion (approximately $3.934 billion), compared to €3.876 billion last year. Full-year adjusted EBITDA was €763 million, down from €972 million last year. The company reported a net loss attributable to group shareholders of €1.48 billion, a sharp decline from a net profit of €385 million last year.
Rongsheng Petrochemical released its 2024 annual report, achieving total operating revenue of CNY 326.475 billion (approx. USD 44.9 billion), a year-on-year increase of 0.42%. Net profit attributable to shareholders was CNY 724 million, a decrease of 37.44%.
SABIC (Saudi Basic Industries Corporation) announced 2024 results with total sales of SAR 139.98 billion (approx. USD 37.33 billion), down from SAR 141.54 billion the previous year. EBITDA was SAR 19.47 billion, up from SAR 19.02 billion. Net profit attributable to shareholders was SAR 1.54 billion, compared to a net loss of SAR 2.77 billion the previous year.
Mitsubishi Chemical Group reported results for the first nine months of FY ending December 31, 2024. Revenue was JPY 3,331.546 billion (approx. USD 23.2 billion), up 2.7% year-on-year. Operating profit was JPY 189.477 billion, down 10.8%. Net profit attributable to owners was JPY 59.369 billion, down 42.8%.
Wanhua Chemical released its 2024 report. Revenue was CNY 182.07 billion (approx. USD 25.1 billion), up 3.8% year-on-year. Net profit attributable to shareholders was CNY 13.03 billion, down 22.5%. Core net profit was CNY 13.36 billion, down 18.7%. Sales volumes of polyurethane, petrochemicals, and specialty chemicals/new materials grew by 15.3%, 15.9%, and 27.7%, respectively.
Asahi Kasei reported first nine months of FY ending Dec 31, 2024. Net sales were JPY 2,259.252 billion (approx. USD 15.8 billion), up from JPY 2,064.146 billion. Operating profit was JPY 164.389 billion, up from JPY 98.499 billion. Net profit attributable to owners was JPY 98.475 billion, up from JPY 58.565 billion.
LG Chem reported 2024 consolidated results. Annual sales were KRW 48.9161 trillion, down 11.46% year-on-year. Operating profit was KRW 916.8 billion, down 63.75%. Excluding LG Energy Solution, sales were KRW 27 trillion (approx. USD 19.1 billion). Q4 sales were KRW 12.3366 trillion, down 6.1%; Q4 operating loss was KRW 252 billion.
Dongfang Shenghong released its 2024 report with annual revenue of CNY 137.675 billion (approx. USD 19 billion), down 1.97% year-on-year. Net loss attributable to shareholders was CNY 2.297 billion; core net loss was CNY 2.654 billion.
Shin-Etsu Chemical announced results for first nine months of FY ending Dec 31, 2024. Net sales were JPY 1,929.698 billion (approx. USD 13.5 billion), up 5.8% year-on-year. Operating profit was JPY 584.439 billion, up 4.5%. Net profit attributable to owners was JPY 432.539 billion, up 6.4%.
Toray reported results for first nine months of FY ending Dec 31, 2024. Net sales were JPY 1,923.897 billion (approx. USD 13.4 billion), up 5.2%. Operating profit was JPY 108.757 billion, up 40.9%. Net profit attributable to owners was JPY 75.177 billion, up 64.6%.
Sumitomo Chemical reported first nine months of FY ending Dec 31, 2024. Sales revenue was JPY 1,904.8 billion (approx. USD 13.3 billion), up from JPY 1,806.9 billion. Operating profit was JPY 145.4 billion, compared to a loss of JPY 160.6 billion the previous year. Net profit was JPY 28.6 billion, compared to a loss of JPY 109.8 billion.
Lotte Chemical reported 2024 Q4 and annual results. Q4 sales were KRW 4.896 trillion (approx. USD 3.44 billion); operating loss was KRW 235 billion; net loss was KRW 1.121 trillion. Annual sales were KRW 20.43 trillion (approx. USD 14.4 billion), up from KRW 19.946 trillion. Annual operating loss was KRW 895 billion; net loss was KRW 1.802 trillion.
Mitsui Chemicals reported results for the first nine months of FY ending Dec 31, 2024. Sales were JPY 1,338.8 billion (approx. USD 9.36 billion), up from JPY 1,274.5 billion. Operating profit was JPY 66.9 billion, up from JPY 60 billion. Net profit was JPY 37.7 billion, up slightly from JPY 37.3 billion.
Resonac Holdings (formerly Showa Denko) announced 2024 results. Revenue was JPY 1,391.5 billion (approx. USD 9.73 billion), up from JPY 1,295.4 billion. Operating profit was JPY 89 billion, compared to an operating loss of JPY 9.4 billion. Net profit was JPY 73.5 billion, compared to a net loss of JPY 6.5 billion.
Borouge announced 2024 Q4 and annual results. Q4 revenue was USD 1.621 billion, up from USD 1.497 billion. Q4 net profit was USD 331 million, up from USD 288 million. Annual revenue was USD 6.026 billion, up from USD 5.791 billion. Annual net profit was USD 1.239 billion, up from USD 1.001 billion.
Dow announced its 2024 fourth-quarter and full-year results. In the fourth quarter, net sales were $10.405 billion, compared to $10.621 billion in the same period last year. The company reported a net loss attributable to common stockholders of $53 million, compared to a net loss of $105 million in the same period last year. For the full year, net sales were $42.964 billion, compared to $44.622 billion last year. The full-year net profit attributable to common stockholders was $1.116 billion, compared to $589 million last year.
Ecolab reported its 2024 fourth-quarter and full-year results. In the fourth quarter, net sales were $4.005 billion, compared to $3.938 billion in the same period last year. Operating income for the quarter was $583 million, compared to $590 million last year. The company reported net income attributable to the company of $473 million, compared to $405 million last year. For the full year, net sales were $15.741 billion, compared to $15.32 billion last year. Operating income for the full year was $2.802 billion, compared to $1.992 billion last year. The full-year net profit attributable to the company was $2.112 billion, compared to $1.372 billion last year.
DuPont reported its 2024 fourth-quarter and full-year results. In the fourth quarter, net sales were $3.092 billion, compared to $2.898 billion in the same period last year. The company reported a net loss attributable to common stockholders of $118 million in the fourth quarter, compared to a net loss of $22 million last year. For the full year, net sales were $12.386 billion, compared to $12.068 billion last year. The full-year net profit attributable to common stockholders was $703 million, compared to $423 million last year.
Westlake Corporation reported its 2024 fourth-quarter and full-year results. In the fourth quarter, net sales were $2.843 billion, compared to $2.826 billion in the same period last year. Operating income for the quarter was $66 million, compared to an operating loss of $552 million last year. The company reported a net profit attributable to the company of $7 million in the fourth quarter, compared to a net loss of $497 million last year. For the full year, net sales were $12.142 billion, compared to $12.548 billion last year. Operating income for the full year was $875 million, compared to $729 million last year. The full-year net profit attributable to the company was $602 million, compared to $479 million last year.
International Flavors & Fragrances (IFF) reported its 2024 fourth-quarter and full-year results. In the fourth quarter, net sales were $2.771 billion, compared to $2.703 billion in the same period last year. Operating income for the quarter was $127 million, compared to an operating loss of $2.536 billion last year. The company reported a net loss attributable to the company’s stockholders of $46 million in the fourth quarter, compared to a net loss of $2.61 billion last year. For the full year, net sales were $11.484 billion, compared to $11.479 billion last year. Operating income for the full year was $766 million, compared to an operating loss of $2.11 billion last year. The full-year net profit attributable to the company’s stockholders was $243 million, compared to a net loss of $2.564 billion last year.
Celanese reported its 2024 fourth-quarter and full-year results. In the fourth quarter, net sales were $2.37 billion, compared to $2.569 billion in the same period last year. The company reported an operating loss of $1.405 billion in the fourth quarter, compared to an operating profit of $259 million last year. The company’s net loss for the fourth quarter was $1.911 billion, compared to a net profit of $701 million last year. For the full year, net sales were $10.28 billion, compared to $10.94 billion last year. The full-year operating loss was $697 million, compared to an operating profit of $1.687 billion last year. The full-year net loss was $1.514 billion, compared to a net profit of $1.964 billion last year.
Eastman Chemical reported its 2024 fourth-quarter and full-year results. In the fourth quarter, net sales were $2.245 billion, compared to $2.207 billion in the same period last year. The company reported net income attributable to the company of $330 million in the fourth quarter, compared to $310 million last year. For the full year, net sales were $9.382 billion, compared to $9.21 billion last year. The full-year net income attributable to the company was $905 million, compared to $894 million last year.
Huntsman reported its 2024 fourth-quarter and full-year results. In the fourth quarter, net sales were $1.452 billion, compared to $1.403 billion in the same period last year. The company reported a net loss attributable to the company of $141 million in the fourth quarter, compared to a net loss of $71 million last year. For the full year, net sales were $6.036 billion, compared to $6.111 billion last year. The full-year net loss attributable to the company was $189 million, compared to a net profit of $101 million last year.
Air Liquide reported its 2024 results. For the full year, the company reported sales of €27.058 billion (approximately $30.8 billion), compared to €27.608 billion last year. The company’s operating income for the year was €5.491 billion, compared to €5.068 billion last year. The net income attributable to shareholders was €3.306 billion, compared to €3.078 billion last year.
Linde plc reported its 2024 fourth-quarter and full-year results. In the fourth quarter, sales were $8.282 billion, compared to $8.302 billion in the same period last year. Operating income for the quarter was $2.27 billion, compared to $2.028 billion last year. Net income for the quarter was $1.725 billion, compared to $1.543 billion last year. For the full year, sales were $33.005 billion, compared to $32.854 billion last year. Operating income for the full year was $8.635 billion, compared to $8.024 billion last year. Full-year net income was $6.565 billion, compared to $6.199 billion last year.
Air Products & Chemicals reported its first-quarter results for the fiscal year ending December 31, 2024. The company reported sales of $2.932 billion for the quarter, compared to $2.997 billion in the same period last year. Operating income for the quarter was $644 million, compared to $667 million last year. The company’s net income attributable to the company was $617 million, compared to $609 million last year.
