Established in 1958, Parpinelli TECNON is an independent data and consulting business specialising in the areas of petrochemicals, feedstocks, energy, refining and speciality chemicals.
The depth of Parpinelli’s data and analysis will increase ICIS’ capability in supporting clients with exploring future supply and demand trends and complements the hundreds of market price reports currently supplied by ICIS.
ICIS Managing Director Chris Flook said: “The acquisition of Parpinelli Tecnon significantly increases our capacity to support transactions in global petrochemicals markets.
"Parpinelli TECNON’s unique proprietary data will enable the development of powerful new products, whilst their wealth of knowledge and experience in single client services is a great complement to our China consulting business”.
Based in the Parpinelli TECNON head office near Milan, Italy, John Wyatt, CEO said: “We are proud of the products and services that we have been offering to the chemical and energy industries for over 50 years. Being part of ICIS will provide an excellent opportunity to take our industry leading knowledge and databases to the global ICIS audience.”
About Parpinelli TECNON
According to Parpinelli TECNON, they provide the following services:
Annual studies – in-depth annual studies provide detailed information on global, regional and country demand, trade, supply and forecast trends for major petrochemicals and feedstocks.
Software analysis tools – proprietary software and online tools give users access to databases containing a wealth of supply, demand, import and export data and company and plant statistics on over 100 petrochemical and refinery products. Easy to search and manipulate, the powerful data tools are used to consistently model future scenarios and trends.
Consulting – an experienced team of consultants deliver tailored insight and analysis to support strategic planning and research.
About ICIS
ICIS says: “ICIS is a division of Reed Business Information, part of Reed Elsevier. With a global staff of more than 600, ICIS has employees based in Houston, Washington, New York, London, Milan, Dusseldorf, Mumbai, Singapore, Guangzhou, Beijing, Shanghai and Perth. The team covers over 140 commodity markets and has in-depth knowledge across markets in upstream and downstream sectors in Europe, Africa, the Middle East, Asia-Pacific and the Americas.”
