Special Report
Companies That Produce the Most Plastic Waste Around the World
Published:
Single-use plastic may one day be viewed much like cigarettes are today: something once considered a relatively harmless habit that evolves culturally into a reviled threat to public health despite decades of effort by manufacturers and their political allies to downplay its harm.
Until the time comes when enough people recognize the environmental damages caused by their unabashed embrace of single-use disposable plastics, landfills and natural habitats will continue to be inundated with this petroleum-based byproduct of modern consumer convenience. (You might be surprised by the size of household waste in 50 countries around the world.)
Plastic recycling programs are better than nothing, but they’re hardly panaceas. A 2019 peer-reviewed study in the journal Science Advances concluded that only 9% of plastic gets recycled — and that most of the rest ends up in the oceans. Worse still, production of single-use plastics is predicted by some sources to increase by 30% over the next five years.
Producers of consumer products are the main culprits of single-use plastic waste. Break Free from Plastic, a global network of environmentalists that audits discarded plastic waste, names Coca-Cola, PepsiCo, and Nestlé as the top global polluters of plastic waste. But companies like this don’t actually produce the raw materials that become your shampoo bottle, single-serving water, or takeaway food container and utensils. The raw materials for these and other disposable consumer plastics are pellet-sized polymers produced by the global petroleum industry. (Here are 30 easy ways to be more environmentally friendly.)
Click here to see the companies that produce the most plastic waste around the world.
To identify the companies generating the most waste from single use plastic manufacturing, 24/7 Wall St. reviewed data in “The Plastic Waste Makers Index,” published this year by the Minderoo Foundation, an Australia-based philanthropy. Companies are ranked on the plastic waste generated in 2019, measured in millions of tons (converted from the metric tons used in the report). Annual revenue and profit figures, for the most recent available year, came from the Forbes Global 2000, a list of the world’s largest 2,000 public companies in the world, as well as from publicly available financial documents. (Profit and revenue figures reported in a foreign currency were converted to U.S. dollars.)
50. Bakhtar Petrochemical
> Single-use plastic waste generated in 2019: 0.6 million tons
> Country: Iran
> Annual revenue: N/A
> Annual profit: N/A
[in-text-ad]
49. MOL Hungarian Oil and Gas
> Single-use plastic waste generated in 2019: 0.6 million tons
> Country: Hungary
> Annual revenue: $13 billion
> Annual profit: -$51.8 million
24/7 Wall St.48. JBF Industries
> Single-use plastic waste generated in 2019: 0.6 million tons
> Country: India
> Annual revenue: N/A
> Annual profit: N/A
47. Octal
> Single-use plastic waste generated in 2019: 0.6 million tons
> Country: Oman
> Annual revenue: N/A
> Annual profit: N/A
[in-text-ad-2]
46. Oil and Natural Gas Corporation
> Single-use plastic waste generated in 2019: 0.6 million tons
> Country: India
> Annual revenue: $48.4 billion
> Annual profit: $19.3 billion
45. SK Innovation Co
> Single-use plastic waste generated in 2019: 0.6 million tons
> Country: South Korea
> Annual revenue: $29 billion
> Annual profit: -$1.8 billion
[in-text-ad]
44. Nan Ya Plastics Corporation
> Single-use plastic waste generated in 2019: 0.6 million tons
> Country: Taiwan
> Annual revenue: $10.3 billion
> Annual profit: $1.5 billion
43. Indian Oil Corporation
> Single-use plastic waste generated in 2019: 0.7 million tons
> Country: India
> Annual revenue: $48.9 billion
> Annual profit: $651.5 million
42. Repsol
> Single-use plastic waste generated in 2019: 0.7 million tons
> Country: Spain
> Annual revenue: $37.9 billion
> Annual profit: -$3.7 billion
[in-text-ad-2]
41. Yanchang Group
> Single-use plastic waste generated in 2019: 0.7 million tons
> Country: China
> Annual revenue: N/A
> Annual profit: N/A
40. Eni
> Single-use plastic waste generated in 2019: 0.7 million tons
> Country: Italy
> Annual revenue: $50.1 billion
> Annual profit: -$9.8 billion
[in-text-ad]
39. Zhejiang Hengyi Group
> Single-use plastic waste generated in 2019: 0.7 million tons
> Country: China
> Annual revenue: N/A
> Annual profit: N/A
24/7 Wall St.
38. Sasol
> Single-use plastic waste generated in 2019: 0.7 million tons
> Country: South Africa
> Annual revenue: $11.1 billion
> Annual profit: -$4.9 billion
37. Mitsui Chemicals
> Single-use plastic waste generated in 2019: 0.7 million tons
> Country: Japan
> Annual revenue: $11.2 billion
> Annual profit: $410.4 million
[in-text-ad-2]
36. Westlake Chemical Corporation
> Single-use plastic waste generated in 2019: 0.7 million tons
> Country: United States
> Annual revenue: $7.5 billion
> Annual profit: $329.0 million
35. LG Chem
> Single-use plastic waste generated in 2019: 0.8 million tons
> Country: South Korea
> Annual revenue: $25.8 billion
> Annual profit: $434.5 million
[in-text-ad]
34. GAIL India
> Single-use plastic waste generated in 2019: 0.8 million tons
> Country: India
> Annual revenue: $8 billion
> Annual profit: $1.1 billion
33. Abu Dhabi National Oil Company
> Single-use plastic waste generated in 2019: 0.9 million tons
> Country: United Arab Emirates
> Annual revenue: N/A
> Annual profit: N/A
32. SIBUR
> Single-use plastic waste generated in 2019: 0.9 million tons
> Country: Russia
> Annual revenue: $7 billion
> Annual profit: $1.3 billion
[in-text-ad-2]
31. Mitsubishi Chemical Corporation
> Single-use plastic waste generated in 2019: 0.9 million tons
> Country: Japan
> Annual revenue: $30 billion
> Annual profit: -$655.9 million
30. Rongsheng Group
> Single-use plastic waste generated in 2019: 0.9 million tons
> Country: China
> Annual revenue: $14 billion
> Annual profit: $858.1 million
[in-text-ad]
29. China Coal
> Single-use plastic waste generated in 2019: 0.9 million tons
> Country: China
> Annual revenue: $20.5 billion
> Annual profit: $775.1 million
28. Hanwha Chemical
> Single-use plastic waste generated in 2019: 1.0 million tons
> Country: South Korea
> Annual revenue: $43.2 billion
> Annual profit: $181.2 million
27. Chevron Corporation
> Single-use plastic waste generated in 2019: 1.0 million tons
> Country: United States
> Annual revenue: $94.4 billion
> Annual profit: -$5.5 billion
[in-text-ad-2]
26. Jiangyin Chengxing Industrial Group
> Single-use plastic waste generated in 2019: 1.0 million tons
> Country: China
> Annual revenue: N/A
> Annual profit: N/A
25. Sumitomo Chemical
> Single-use plastic waste generated in 2019: 1.1 million tons
> Country: Japan
> Annual revenue: $20.8 billion
> Annual profit: $143.1 million
[in-text-ad]
24. Zhejiang Wankai
> Single-use plastic waste generated in 2019: 1.1 million tons
> Country: China
> Annual revenue: N/A
> Annual profit: N/A
23. Phillips 66
> Single-use plastic waste generated in 2019: 1.1 million tons
> Country: United States
> Annual revenue: $63.7 billion
> Annual profit: -$4 billion
22. Siam Cement Group
> Single-use plastic waste generated in 2019: 1.2 million tons
> Country: Thailand
> Annual revenue: $12.8 billion
> Annual profit: $1.1 billion
[in-text-ad-2]
21. Nova Chemicals Corporation
> Single-use plastic waste generated in 2019: 1.3 million tons
> Country: Canada
> Annual revenue: N/A
> Annual profit: N/A
20. China Resources
> Single-use plastic waste generated in 2019: 1.4 million tons
> Country: Hong Kong
> Annual revenue: $7.2 billion
> Annual profit: $664.2 million
[in-text-ad]
19. PTT
> Single-use plastic waste generated in 2019: 1.7 million tons
> Country: Thailand
> Annual revenue: $51.6 billion
> Annual profit: $1.2 billion
24/7 Wall St.
18. China Energy Investment Group
> Single-use plastic waste generated in 2019: 1.7 million tons
> Country: China
> Annual revenue: N/A
> Annual profit: N/A
17. Formosa Plastics Corporation
> Single-use plastic waste generated in 2019: 1.8 million tons
> Country: Taiwan
> Annual revenue: $7.1 billion
> Annual profit: $1.2 billion
[in-text-ad-2]
16. Far Eastern New Century
> Single-use plastic waste generated in 2019: 1.8 million tons
> Country: Taiwan
> Annual revenue: $7 billion
> Annual profit: $273.8 million
15. Jiangsu Hailun Petrochemical
> Single-use plastic waste generated in 2019: 1.8 million tons
> Country: China
> Annual revenue: N/A
> Annual profit: N/A
[in-text-ad]
14. Total
> Single-use plastic waste generated in 2019: 2.1 million tons
> Country: France
> Annual revenue: $119.7 billion
> Annual profit: -$7.6 billion
24/7 Wall St.
13. INEOS
> Single-use plastic waste generated in 2019: 2.2 million tons
> Country: England
> Annual revenue: N/A
> Annual profit: N/A
12. Lotte Chemical
> Single-use plastic waste generated in 2019: 2.3 million tons
> Country: South Korea
> Annual revenue: $10.4 billion
> Annual profit: $134.3 million
[in-text-ad-2]
11. Borealis
> Single-use plastic waste generated in 2019: 2.4 million tons
> Country: Austria
> Annual revenue: $8.1 billion
> Annual profit: $698.3 million
10. Alpek SA de CV
> Single-use plastic waste generated in 2019: 2.5 million tons
> Country: Mexico
> Annual revenue: $114 billion
> Annual profit: $11.7 billion
[in-text-ad]
9. Braskem
> Single-use plastic waste generated in 2019: 3.3 million tons
> Country: Brazil
> Annual revenue: $11.4 billion
> Annual profit: -$1.3 billion
8. Reliance Industries
> Single-use plastic waste generated in 2019: 3.4 million tons
> Country: India
> Annual revenue: $61.2 billion
> Annual profit: $5.7 billion
7. LyondellBasell
> Single-use plastic waste generated in 2019: 4.3 million tons
> Country: United Kingdom
> Annual revenue: $27.7 billion
> Annual profit: $1.4 billion
[in-text-ad-2]
6. PetroChina
> Single-use plastic waste generated in 2019: 4.4 million tons
> Country: China
> Annual revenue: $280.7 billion
> Annual profit: $2.9 billion
5. Saudi Aramco
> Single-use plastic waste generated in 2019: 4.7 million tons
> Country: Saudi Arabia
> Annual revenue: $229.7 billion
> Annual profit: $49.3 billion
[in-text-ad]
4. Indorama Ventures
> Single-use plastic waste generated in 2019: 5.1 million tons
> Country: Thailand
> Annual revenue: $10.6 billion
> Annual profit: $53.2 million
3. Sinopec
> Single-use plastic waste generated in 2019: 5.8 million tons
> Country: China
> Annual revenue: $271.1 billion
> Annual profit: $4.8 billion
2. Dow
> Single-use plastic waste generated in 2019: 6.2 million tons
> Country: United States
> Annual revenue: $38.5 billion
> Annual profit: $1.2 billion
[in-text-ad-2]
1. ExxonMobil
> Single-use plastic waste generated in 2019: 6.5 million tons
> Country: United States
> Annual revenue: $178.2 billion
> Annual profit: -$22.4 billion
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.