Page 168 - CW E-Magazine (1-7-2025)

News from Abroad

TOP PERFORMERS

Brenntag leads ICIS’s ‘Top 100 Chemical Distributors’

ranking

Germany-based Brenntag has face of tariffs and other trade
been ranked number 1 in the ‘Top 100 barriers,” he added.
Chemical Distributors’ list for 2025
brought out by leading information The list features detailed infor-
provider, ICIS. The ranking is based mation on more than 300 compa-
on 2024 sales and year-end 2024 nies, as well as ranks leaders by
currency exchange rates. sales in key geographies.

Brenntag with $16.8-bn in 2024 ICIS analysts and market
sales is followed by US-based Tricon environment where chemical distri- experts compile the list with the sup-
Energy at $13.1-bn, US-based Univar butors can demonstrate their value to port of the European Association of
Solutions at $11.5-bn, Japan-based both suppliers and customers,” said Chemical Distributors (Fecc), the
Nagase & Co. at $5.7-bn and Nether- Joseph Chang, global editor of ICIS US-based Alliance for Chemical
lands-based IMCD at $5-bn, as per Chemical Business. “Distributors Distribution (ACD), Associquim
the annual ranking of these essential can leverage their diverse supplier (Brazilian Association of Chemical
companies in the chemical supply relationships to help ensure security and Petrochemical Distributors),
chain. of supply for customers as well as Responsible Distribution Canada
optimise costs in the face of tariffs (RDC), UK-based Chemical Business
“Tariff uncertainty and resulting and other protectionist measures. Association (CBA), and Netherlands-
macroeconomic volatility has been They also can help suppliers find based International Chemical Trade
the key theme this year, creating an more outlets for their products in the Association (ICTA).

Corsair partners with Kera Energy for global

distribution of pyrolysis oil

Bangkok-based plastic waste re- ing to circular and bio-based feedstock
cycling company, Corsair Group, has requiems of the chemical and refining
announced a new partnership with industries.
Kera Energy, a Swiss-based leader in
sustainable industrial value chains. Under “We are proud to partner with Cor-
the agreement, Corsair will supply sair as we jointly work to eliminate
pyrolysis oil to Kera Energy, which plastic waste from our environment,”
will distribute the Plastic Pyrolysis Oil said Shane Perl, CEO of KERA Energy.
(PPO) across key markets in Europe, “By utilising Corsair’s pyrolysis oil,
Asia, and the Americas. produced from mixed plastic household
waste at facilities in Thailand, Finland
Kera Energy specialises in the opti- and its future facilities, Kera will sup-
misation of supply chains and the port the production of new, sustainable
commercialisation of sustainable raw plastics and chemicals, reducing de-
materials such as plastic pyrolysis oil pendency on fossil-based virgin feed-
(PPO) and tyre pyrolysis oil (TPO). stocks, diverting plastic waste destined
With a processing capacity of up to for landfill or incineration and contri-
300-ktpa and compliance with ISCC+ buting to a closed-loop system for plas-
and REACH regulations, Kera is cater- tic materials,” he added.

168 Chemical Weekly July 1, 2025

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