The Top 16 European Chemicals Companies by Revenue

The chemicals sector is generally suitable for investment during any market condition due to the simple fact that chemicals are an essential ingredient in many of the products we use on a daily basis. For example, in a modern-day kitchen, chemicals are found in appliances, food items, packaging for foods, flooring, dish washing liquids, etc.

Some of the largest chemical firms in the world are based in Europe especially in Germany. The chemical industry is one of the largest industries in Germany and  many German firms hold leadership positions at a global level. In order to identify the top chemicals firm in the Euro zone, I I reviewed the EURO STOXX® Chemicals Index. The 16 components in the index are selected based on their revenues.

The long-term performance of the EURO STOXX® Chemicals Index is shown below:

Click to enlarge

 

Source: STOXX

The index is up about 21% year-to-date in US dollar terms with dividends reinvested.

The components of the index are listed below together with their ticker on the US markets and their current dividend yields:

S.No.CompanyTickerCountryDividend Yield as of Nov 13, 2012
1AIR LIQUIDEAIQUYFrance2.50%
2AKZO NOBELAKZOYThe Netherlands3.45%
3ARKEMAARKAYFrance1.70%
4BASFBASFYGermany4.12%
5BAYERBAYRYGermany2.56%
6BRENNTAGN/AGermanyN/A
7FUCHS PETROLUB PREFN/AGermanyN/A
8K + SKPLUYGermany3.75%
9KEMIRAN/AFinlandN/A
10KONINKLIJKE DSMRDSMYThe Netherlands3.44%
11LANXESSN/AGermanyN/A
12LINDELNEGYGermany1.99%
13SOLVAYSVYZYBelgium3.32%
14SYMRISESYIEYGermany2.32%
15UMICOREUMICYBelgium2.73%
16WACKER CHEMIEN/AGermanyN/A

Note: Dividend yields noted are as of Nov 13, 2012

I have excluded tickers of companies with very thin or no trading volumes. Air Liquide(AIQUY), BASF (BASFY) and Bayer(BAYRY) are also members of the the EURO STOXX 50 Index, the blue-chip index for the Eurozone.

Disclosure: Long AKZOY

More on this topic (What's this?)
European Troubled Assets Interests
Week Ahead Magazine: March 16, 2014
Read more on European Union, Sun Hung Kai Pties at Wikinvest

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Comments

I believe that there are more chemical companies with good revenues like here http://blog.pulawy.com/en/rynek-polski/pulawy-in-a-prestigious-index They reached highest income ever

Cool.Thanks for the comment Jackfrost. I will look into this and update the post if neeeded.

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