PRN: CORRECTION - ICIS: ICIS Top 100 Chemical Distributors Revealed
CORRECTION - ICIS: ICIS Top 100 Chemical Distributors Revealed
NEW YORK and LONDON, July 18, 2011 /PRNewswire/ --
In the news release, "ICIS Top 100 Chemical Distributors Revealed" issued on 18 Jul 2011 13:36 GMT, by ICIS via PR Newswire, the Univar sales figure in the third paragraph has been changed to $7.9bn from the previous incorrect figure of $7.2bn. Complete, corrected release follows:
ICIS Chemical Business magazine has revealed the ICIS Top 100 Chemical Distributors, with rankings based on 2010 sales.
"We are pleased to once again introduce the ICIS Top 100 Chemical Distributors - a global listing of companies critical to the chemical supply chain. This is our second year featuring this ranking, and this time, we also break out sales by geographic region," said ICIS Chemical Business global editor Joseph Chang.
At the top of the list is Germany-based Brenntag, with €7.6bn ($10.1bn) in sales, followed by US-based Univar, with $7.9bn, Germany-based Helm, with €4.2bn and US-based Nexeo Solutions (the former Ashland Distribution), with $3.4bn (€2.5bn).
Currency conversions to US dollars for the ranking were based on year-end 2010 exchange rates.
The ICIS Top 100 Chemical Distributors is a global ranking, with regional leaders also broken out separately for North America, Europe, Asia, Latin America and Middle East & Africa.
"We give special thanks to the major chemical distributor associations that made this worldwide listing possible - the US-based National Association of Chemical Distributors (NACD) http://www.nacd.com, the European Association of Chemical Distributors (FECC) http://www.fecc.org, ASSOCIQUIM (Brazilian Association of Chemical and Petrochemical Distributors) http://www.associquim.org.br, and the Canadian Association of Chemical Distributors (CACD) http://www.cacd.ca," said Chang.
"We are privileged to welcome a number of new companies into the listing. We have also listed companies with sales below the threshold of the Top 100. This year, we had over 160 listings," said Will Beacham, deputy editor of ICIS Chemical Business.
"Distributors have recovered strongly from the financial and economic crisis, with many companies showing solid gains in 2010 sales from 2009 levels," Beacham noted.
The ICIS Top 100 Chemical Distributors ranking is available for download as a PDF at http://www.icis.com/Top-100.
ICIS Chemical Business
ICIS Chemical Business is the leading global weekly magazine focusing on upstream, bulk commodity chemical and polymer markets. Get insight and analysis on these markets by subscribing today at http://www.icis.com/subscribe.
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