IHS Inc. (NYSE:IHS), the leading global source of critical information and analytics, today announced it has acquired Intellichem, a strategic company that will strengthen IHS Chemical business in Latin America.
Intellichem publishes a bi-weekly report (QuiMax, in partnership with MaxiQuim) on the olefin and plastics markets in Argentina, Brazil, Chile, Mexico and Venezuela. Intellichem also provides market intelligence on chemicals and plastics in Latin America.
With Intellichems deep relationships throughout Latin America and its foothold in the chemical market advisory sector, we believe this acquisition gives IHS an important presence and significant growth potential in a key geography, said IHS President and CEO Scott Key.
IHS (NYSE: IHS) is the leading source of information, insight and analytics in critical areas that shape todays business landscape. Businesses and governments in more than 165 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS is committed to sustainable, profitable growth and employs more than 6,700 people in 31 countries around the world.
Based in Houston, Texas, Intellichem provides accurate and updated market intelligence for the petrochemical business and related industries in Latin America. For more than 30 years, Intellichem founder Dr. Rina Quijada has developed a strong position as an international consultant in the petrochemical industry. The consultancy assists companies in their quest to understand key participants and to identify market opportunities.
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