Glass Industry Companies Make the Fortune 500
May 31, 2012

by Erica Terrini, eterrini@glass.com

Earlier this month, Fortune magazine released its annual list of the top 500 U.S. companies - and among the top rankings for 2011 are frontrunners of the glass and metals industry, including PPG Industries, 3M, Dow Chemical, Dupont, Eastman Chemical, Alcoa and Momentive Specialty Chemicals.

Dow Chemical, based in Midland, Mich., ranked 47 overall (45 in 2010) but also first within the chemicals sector. The company's total revenue was $59,985 million compared to $53,674 million last year, an 11.8 percent increase. The company achieved a profit of $2,742 million for the year.

Dupont, based in Wilmington, Del., ranked 72 overall (84 in 2010), and second within the chemical sector. The company's total revenue was $38,719 million, compared to $32,733 million last year, an 18.3 percent increase. The company's profits are listed at $3,474 million.

Pittsburgh-based PPG Industries ranked 180 overall and third within the chemical sector (up from 181 last year). Its total revenue for 2011 was $14,885 million compared to $13,423 million in 2010, which is a 10.9 percent increase. The company achieved a profit of $1,095 million for the year, according to the report.

Eastman Chemical, based in Kingsport, Tenn., ranked 346 overall (348 in 2010) and ranked 11 within the chemical sector. The company's total revenue was $7,283 million compared to $6,691 million last year, an 8.8 percent increase. Eastman, which recently acquired St. Louis-based Solutia Inc., achieve profits of $696 million for the year.

3M, a St. Paul, Minn.-based company, ranked 102 for 2011 (97 in 2010). The company's annual revenue was $29,611 million, which is an 11.1 percent increase from last year's $26,662 million. The company achieved a profit of $4,283 million for the year.

Alcoa, the New York-based parent company of Kawneer, ranked 115 for 2011 (123 in 2010). Alcoa's total revenue last year was $24,951 million, with an 18.7 percent increase from 2010's $21,013 million. The company's profit is listed as $611 million.

Momentive Specialty Chemicals, based in Columbus, Ohio, ranked 452 (433 in 2010) with a total revenue of $5,352 million - a 3.4 percent increase since 2010, when the company achieved a revenue of $5,174 million. The company achieved profits of $118 million for the year.

This story is an original story by USGlass magazine/USGNN™. Subscribe to USGlass magazine.
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