IHS acquires Purvin & Gertz

IHS acquires Purvin & Gertz

10:03 PM, 18th November 2011
IHS acquires Purvin & Gertz
Jerre Stead, Chairman and CEO, IHS.

 

ENGLEWOOD, US: IHS Inc has acquired Purvin & Gertz Inc, a well-established global advisory and market research firm that provides technical, commercial and strategic advice to international clients in petroleum refining, natural gas, natural gas liquids, crude oil and petrochemical industries. Financial terms of the acquisition were not disclosed.

“Purvin & Gertz is an excellent strategic fit for IHS, enabling increased depth and breadth of coverage of oil, gas, refining and petrochemical market fundamentals, allowing us to provide our customers with critical information and insight across the entire energy value chain. The type of focused, actionable analysis and deep industry knowledge that this acquisition brings to our product and service portfolio is critical to senior executives and other key decision makers,” said Jerre Stead, Chairman and CEO, IHS.

Purvin & Gertz has become a preferred source for key energy market information, in-depth analysis and forecasts for supply, demand and pricing of energy product. “We are excited to bring our extensive experience to IHS to help the company deliver even more comprehensive downstream energy and petrochemical content and analysis to its customers,” said William Sanderson, President, Purvin & Gertz.

More than 80 industry analysts and other professionals join IHS as a result of this acquisition. “Purvin & Gertz extends our upstream capabilities, strengthens our downstream capabilities and enhances our chemical business for complete coverage across the entire energy value chain,” said Kevin Raby, Vice President-Global Services, IHS.

(C) WOC News

 

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


Chinese police seize $315 million worth of counterfeit drugs, packages

  BEIJING, CHINA: Police have seized 2 billion yuan ($315 million) worth of phoney pharmaceuticals and package materials in a national raid on c ...

Read more
BASF to shift surfactants production from NJ to Louisiana

  FLORHAM PARK, US: BASF announced that the company will transfer production of surfactants and other products manufactured at its Washington, N ...

Read more
Assam gas cracker project cost escalates by 53 per cent

  NEW DELHI, INDIA: The Assam gas cracker project is now estimated to involve fixed cost of Rs 89.2 billion against its original estimate of Rs ...

Read more
SLAC Research cracks puzzle of enzyme critical to food supply

MENLO PARK, US: If we could make plant food from nitrogen the way nature does, we’d have a much greener method for manufacturing fertilizer &n ...

Read more
AkzoNobel to invest €45 million investment at Ningbo plant

AMSTERDAM, THE NETHERLANDS: AkzoNobel announced its intention to invest €45 million in a new dicumyl peroxide (DCP) plant at its Ningbo multi-sit ...

Read more
Racing to be the first to create the world’s heaviest element

  All heavy elements are created in gigantic supernova explosions. Now scientists are competing to create the world’s heaviest element in ...

Read more