RealRate has finished its experiments and found the best chemical firms in the United States, sorted in order of financial strength
The 2022 line-up is right here:
The Top 16 Chemical companies are as follows:
The top 3 companies in order are NewHydrogen, Homeland Energy Solutions and Lake Area Corn Processors LLC. They had Economic Capital Ratio figures of 2,369%, 745% and 612% respectively.
NewHydrogen is making its comeback to the list after not appearing in 2021, and did well due to its strong Other Net Income figure.
Homeland Energy Solutions and Lake Area Corn Processors LLC both did well due to their Net Income scores. Homeland Energy Solutions move up from 15th in 2021 to 2nd place this time, and Lake Area Corn Processors LLC make an even bigger jump, from 33rd place to 3rd place.
21 companies received our ‘Top Rated’ award.
The next 16 companies in the ranking are as follows:
As of 2023, there are 1,689 Chemical Product Manufacturing businesses in the United States, which is an increase of 1.7% from 2022.
Most of the companies are in California (249 businesses), Texas (197 businesses) and Ohio (120 businesses).
The Chemical Product Manufacturing industry in the US relies on both capital (plant, machinery, and equipment) and labor to equal degrees.
The most incredible thing we do at RealRate is to deliver a system of ratings that are fair and independent. We bring together expert knowledge and groundbreaking AI in a package we are immensely proud of.
It is this AI model that computes the all-important Economic Capital Ratio figure.
We are truly unbiased and only work with audited public data. We are explainable, fair, and really do not have any conflicts of interest.
We are truly revolutionising the ratings industry one step at a time.
Main photo source: https://openai.com/dall-e-2/