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Dow Chemical, DuPont, PPG on 2017 U.S. Top 500 Companies Lis

June 8 learned that Fortune magazine rated the 2017 U.S. Top 500 list released on the evening of June 7. The paint industry reporter noted that in the coatings chemical sector, a number of companies, including Dow Chemical, DuPont, PPG, Xuanwei and others, were selected.

       The list shows that Dow Chemical (DowChemical) ranked 62nd with sales of $48.158 billion, down 6 places compared to last year; DuPont (DuPont) ranked 113th with sales of $24.594 billion, down 12 places compared to last year; PPG Industries (PPGIndustries) ranked 183rd with sales of $15.178 PPGIndustries ranked 183rd with sales of $15.178 billion, down one spot from last year; Sherwin-Williams ranked 236th with sales of $11.855 billion, up 17 spots from last year; Huntsman ranked 289th with sales of $9.657 billion; Eastman Chemical Company ( EastmanChemical) to 9.008 billion U.S. dollars, ranking 309th; Comu (Chemours) to 5.400 billion U.S. dollars, ranking 482nd.

       Overall, the threshold for this year's list is slightly higher than last year, at $5.145 billion. According to data released by the U.S. Department of Commerce, U.S. gross domestic product (GDP) growth slowed by 1 percentage point to 1.6 percent in 2016, the slowest growth rate since 2011. In such macroeconomic conditions, the total revenue of all 500 companies on the list reached $12.06 trillion, an improvement of 0.58 percentage points from last year's $11.99 trillion, equivalent to about 65 percent of U.S. GDP last year; and as a comparison, the total profit of these largest U.S. companies was nearly $890 billion, an increase of nearly 6 percentage points from last year.

       On this year's list, Wal-Mart topped the list for the fifth consecutive year, with Warren Buffett's Berkshire Hathaway following close behind in the top spot. Apple, in third place, continues to hold the top spot on the profit list, making it the most profitable U.S. 500 company.

       In terms of profitability, the top three seats remained unchanged. In addition to Apple, JPMorgan Chase ranked second, with profits of $24.733 billion; Berkshire Hathaway ranked third, with profits of $24.074 billion. The list of the 10 most profitable companies in addition to a biopharmaceutical and a tobacco company, the rest are technology and financial companies.
*** Translated with www.DeepL.com/Translator (free version) ***

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