CROW's Top 3 Polyester Producers
Polyethylene terephthalate (PET) Resins
BASF
Headquarters: Ludwigshafen, Germany
Website: https://www.basf.com
Revenue: Approx. $68.6 Billion (2018)
Main Products (Chemical Business): Intermediates, monomers, catalysts, petrochemicals, plastic resins
About: BASF is a German multinational chemical company founded in 1865 and headquartered in Ludwigshafen, Germany. The company is one of the largest plastics and resin supplier and has one of the most comprehensive plastics portfolios. It also provides a large number of chemicals, dyes, pharmaceutical ingredients and agricultural products. In 2016, BASF employed more than 113,000 people in over 200 countries with over 50,000 in Germany alone and 39,000 in the plastic and resin industry. It generated sales of about $68.6 billion in 2018. The company is a major producer of polyester resin offering a large range of high-quality polyethylene terepthalate (PET) and Polybutylene terephthalate (PBT).
Indorama Ventures
Headquarters: Singapore
Website: http://www.indorama.com/
Revenue:
Main Products: Petrochemicals; plastic resins,
fibers, yarns, and textiles; fertilizers
About: Indorama Corporation is a leading chemical company in Asia. The company offers a wide range of petrochemicals including polymer resins (PET, LLDPE, LDPE, HDPE, PP), fertilizers, (performance) fibers, spun yarns, textiles, disposable gloves, and chemical intermediates. Along with its affiliate Indorama Ventures in Thailand (PET), Indorama operates over 70 manufacturing sites in over 30 countries and employs over 30,000 people worldwide. It is the largest producer of polyester products in the world with plants in five continents and also a major supplier of high-quality polyester feedstock.
M&G Chemicals1
Headquarters: Luxembourg
Website: http://www.mg-chemicals.com
Revenue: Approx. $1.6 Billion (2016)
Main Markets: Polyester resins; technological development, research and engineering services
About: Headquartered in in Luxembourg, M&G
Chemicals is a group of companies that offers polyester resins and related products
and services. The company is among the three largest producers of PET resin for packaging applications in the world, and the second largest in the Americas. It employs over 900 people in 14 locations in six countries around the world. It has manufacturing
sites in Brazil, Mexico, and USA.
M&G Chemicals is currently constructing the world's largest PET production plant in Corpus Christi (Texas).
1Muelink & Grol (short M&G) Chemicals is an affiliate of the Mossi Ghisolfi Group.