Petrochem ranks at the rear of another megacorps in proportions, possessions, and you can overall well worth, however, its highest CHOOH2 transformation and you can beloved oils reserves allow one of many richest and most essential people during the 2020. It offers a lot of diverse and widespread subsidiaries, such as the strong and you may wealthy Xoma Pharmaceuticals in addition to huge Continental Farms Agricorp.
Corporate Worth
Petrochem’s total worth during the possessions is actually 381 mil Eurobucks, putting it regarding no. 8 position for the C Journals index of top firms. Petrochem try targeting a location on the most useful five, and you may rates the development of some the latest oil areas you can expect to give them the fresh force they require. Petrochem demands a supplementary 50 mil when you look at the web assets to push towards better five, however, competition was sturdy, with lots of other businesses, and Militech and you will SovOil, in the running for similar slot.