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ICIS launches new supply and demand database

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Hydrocarbon Engineering,

ICIS has launched a new supply and demand database, which provides a single, searchable source of historical and forecast data covering the global petrochemical and energy markets.

“This new supply and demand database is an invaluable tool designed to help users to make confident, long term decisions and gain greater insight into global petrochemical and energy markets,” said Paul Ray, Head of Consulting & Analytics at ICIS. "We are proud of the fact that we are the only provider to offer a coherent, end to end view of oil, through to refining and feedstocks, downstream to petrochemicals derivatives. This online database provides senior management with the data, markets context and expertise to support their research, planning and acquisition strategies."

Since the economic downturn, the energy, refining and petrochemical sectors have had to make major adjustments and review portfolios. Companies have been forced to make shrewd investments, making accurate historical and forecast data essential to support decision making, especially when looking long term across such volatile markets.

The ICIS Supply and Demand database covers 160 countries and 100 markets, from 1978 to 2030. "It enables users to source, interrogate, sort and export data for analysis and modelling, review upstream and downstream business integration, and use this to make informed, strategic decisions," added Ian Elway, Product Director at ICIS.

Adapted from press release by Rosalie Starling

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