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 Intellichem’s 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.
About IHS ( www.ihs.com )IHS (NYSE: IHS) is the leading source of information, insight and analytics in critical areas that shape today’s 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. About Intellichem ( www.intellichem.net ) 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. IHS is a registered trademark of IHS Inc. All other company and product names may be trademarks of their respective owners. Copyright © 2013 IHS Inc. All rights reserved. IHS FORWARD-LOOKING STATEMENTS: This release may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts. Such statements may include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products, and services, and statements regarding future performance. Forward-looking statements are generally identified by the words "expect," "anticipate," "believe," "intend," "estimate," "plan" and similar expressions. Although IHS and its management believe that the expectations reflected in such forward-looking statements are reasonable, investors are cautioned that forward-looking information and statements are subject to various risks and uncertainties--many of which are difficult to predict and generally beyond the control of IHS--that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include those discussed or identified by IHS from time to time in its public filings. Other than as required by applicable law, IHS does not undertake any obligation to update or revise any forward-looking information or statements. Please consult our public filings at www.sec.gov or www.ihs.com.