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MegadealsSubsidy Tracker: Industry Summary Page
Major Industry: chemicals
Subsidy Total: $14,331,530,387
Number of Awards: 5,232
Time Period: Earliest year of data: 1968. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this industry are for the period since 2012.
Notes: The dollar total above adjusts for the fact that there is an overlap between the amounts in one or more Megadeal entries and those of one or more of the other entries. The total includes only those entries matched to a parent company. The industry designation is the primary one for the parent's operations overall. Dollar totals do not include awards for which no subsidy value is disclosed.
Top 10 Parent Companies | Total Subsidy $ | Number of Awards |
Sasol | $2,836,049,845 | 72 |
Dow Inc. | $1,049,354,213 | 337 |
Air Products & Chemicals | $1,025,557,482 | 55 |
CF Industries | $982,271,715 | 129 |
Bayer | $852,475,226 | 130 |
Shin-Etsu Chemical | $828,683,936 | 71 |
OCI N.V. | $627,879,406 | 5 |
Chevron Phillips Chemical | $619,839,444 | 7 |
Westlake Chemical | $558,344,261 | 242 |
BASF | $395,631,883 | 222 |
Individual Subsidy Records:
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Company | Parent | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
CF Industries Nitrogen, LLC | CF Industries | Louisiana | local | 2022 | $124,488,000 | | property tax abatement |
Wacker Polysilicon North America LLC | Wacker Chemie | United States | federal | 2010 | $128,482,287 | | federal allocated tax credit |
Yuhuang Chemical, Inc. | Shangdong Yuhuang Chemical | Louisiana | state | 2015 | $129,120,000 | | property tax abatement |
Dow Chemical | Dow Inc. | Michigan | multiple | 2010 | $129,300,000 | | MEGADEAL |
Methanex Fortier Inc | Methanex | Louisiana | local | 2018 | $129,480,000 | | property tax abatement |
Shintech Louisiana LLC | Shin-Etsu Chemical | Louisiana | local | 2019 | $133,530,762 | | property tax abatement |
Chevron Phillips Chemical LP | Chevron Phillips Chemical | Texas | local | 2013 | $138,722,279 | | property tax abatement |
Albemarle U.S. Inc. | Albemarle | United States | federal | 2022 | $149,658,312 | | federal grant |
Shintech Louisiana, LLC | Shin-Etsu Chemical | Louisiana | state | 2009 | $153,381,115 | | property tax abatement |
Shintech | Shin-Etsu Chemical | Louisiana | multiple | 2009 | $153,381,115 | | MEGADEAL |
Yuhuang Chemical, Inc. | Shangdong Yuhuang Chemical | Louisiana | multiple | 2015 | $162,328,482 | | MEGADEAL |
Shintech Louisiana, LLC | Shin-Etsu Chemical | Louisiana | state | 2012 | $168,563,569 | | property tax abatement |
Monsanto Company & Subsidiaries | Bayer | Louisiana | local | 2017 | $172,428,750 | | property tax abatement |
Solvay Specialty Polymers USA, LLC | Solvay | United States | federal | 2022 | $178,218,568 | | federal grant |
Lotte Chemical Louisiana LLC | Lotte Chemical | Louisiana | local | 2017 | $180,459,628 | | property tax abatement |
The Dow Chemical Company | Dow Inc. | Texas | local | 2012 | $187,190,424 | | property tax abatement |
Shintech | Shin-Etsu Chemical | Louisiana | local | 2012 | $187,200,000 | | MEGADEAL |
ICL-IP America Inc. | ICL Group | United States | federal | 2022 | $197,338,492 | | federal grant |
Wacker Chemie | Wacker Chemie | Tennessee | multiple | 2009 | $210,500,000 | | MEGADEAL |
CF Industries Nitrogen, LLC | CF Industries | Louisiana | local | 2017 | $215,833,426 | | property tax abatement |
Sasol USA Corporation | Sasol | Louisiana | local | 2021 | $243,027,979 | | property tax abatement |
Orascom Construction Industries | OCI N.V. | Iowa | multiple | 2012 | $251,000,000 | | MEGADEAL |
Sasol Ltd. | Sasol | Louisiana | multiple | 2013 | $272,000,000 | | MEGADEAL |
Air Products & Chemicals Inc | Air Products & Chemicals | United States | federal | 2009 | $283,290,997 | | federal grant |
Air Products & Chemicals Inc | Air Products & Chemicals | United States | federal | 2009 | $284,733,995 | | federal grant |
Chevron Phillips Chemical Company LP | Chevron Phillips Chemical | Texas | local | 2020 | $352,322,535 | | property tax abatement |
CF Industries Nitrogen, Inc. | CF Industries | Louisiana | state | 2013 | $360,380,700 | | property tax abatement |
OCI Beaumont | OCI N.V. | Texas | local | 2022 | $362,970,582 | | MEGADEAL |
CF Industries | CF Industries | Louisiana | local | 2013 | $366,380,700 | | MEGADEAL |
Bayer CropScience | Bayer | Alabama | multiple | 2013 | $429,500,000 | | MEGADEAL |
Sasol USA Corporation | Sasol | Louisiana | local | 2020 | $690,733,926 | | property tax abatement |
Sasol USA Corporation | Sasol | Louisiana | state | 2016 | $1,481,995,559 | | property tax abatement |