ICIS, part of RELX, has acquired Chemical Data, LLC (CDI), a leading provider of US petrochemical price benchmarks, market analysis, and predictive analytics, based in Houston. The combined capabilities create a global presence and trusted intelligence in key petrochemical markets worldwide.
Established in 1979, CDI has more than 40 years of experience in supporting transactional and short-term planning decisions in the US petrochemical sector. Petrochemicals are a critical part of the global supply chain and are present in 96% of all manufactured goods. The chemicals industry itself adds $1.1 trillion to the world’s GDP. The combination of the two businesses will deliver global price benchmark data, market analysis, forecasts, and thought leadership capabilities that are trusted and differentiated. This will enable customers to make better-informed and timely decisions, which is of increasing importance in periods of extreme volatility when consumer demands and market dynamics shift rapidly.
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