LONDON, Oct 21, 2021 / PRNewswire / – ICIS, a global source of independent commodity information, announced today that it has made its global live disruptions tracker available to WIND users. China leading provider of financial data and analysis.
The partnership gives WIND Financial Terminal users seamless access to global live information on disruptions from ICIS for six major chemical futures markets, including PP, PE, MEG, PTA, styrene and methanol. The ICIS Live Disruption Tracker, which aggregates more than 125 million data points, enables both planned and unplanned global production shutdowns in order to anticipate new plant expansions and shrinks. WIND Financial Terminal users can access both historical ICIS data, back to October 2017, as well as the global outlook for the next 12 months.
According to the ICIS supply and demand database China imported a total of 6.55 million tons of polypropylene (PP) and 19.15 million tons of polyethylene (PE) in 2020, accounting for 27% of the total global trade in PP and PE China an important importer of these important raw materials. In an increasingly interconnected global marketplace, unexpected disruptions in plant production have a significant impact and underscore the urgent need for immediate access to the latest, reliable data on global plant disruptions.
Dave Johnson, Head of Strategic Partnerships at ICIS, said: “This partnership is a strong and complementary partnership for both ICIS and WIND, as we try to support the chemical markets and create transparency. The merging of national and international data and information will be help to increase efficiency and independence from opaque markets and underlines the importance of the Chinese market in the global raw materials market. “
Changkun Cai, Vice President of WIND, said, “Providing rich data to our platform is an important part of enhancing the overall WIND user experience. We are excited to have the opportunity to work with ICIS in a mutually beneficial partnership. The partnership with ICIS is a further development for WIND in the chemical futures market and the start of our presence in the global petrochemical market. ”
ICIS is a trusted source of information for the global energy, chemical and sustainability markets. We are a division of RELX, a FTSE-15 company with a market capitalization of £ 42.8 billion and a workforce of over 33,000 professionals in 40 countries.
At ICIS, we help companies make strategic decisions, reduce risks, improve productivity and take advantage of new opportunities. We are making some of the world’s major markets more trustworthy and predictable by providing data services, thought leaders and decision support. As a result of our unmatched global presence, we can deliver targeted networked information every day to influence thousands of decisions across supply chains. We shape the world by connecting markets to optimize the world’s precious resources. With a global team of more than 700 experts, ICIS has employees in London, new York, Houston, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Dubai, São Paulo, Seoul, Tokyo and Perth.
Wind Information Technology Co., Ltd. (“Wind”) is a leading financial data, information and software services company in the mainland China, headquartered in the financial center of Shanghai Lujiazui. Most of Wind’s customers are in the domestic market China Financial companies such as securities firms, fund management companies, insurance companies, banks and investment companies. Internationally, many of the Qualified Foreign Institutional Investors (QFII) approved by the China Securities Regulatory Commission are customers of Wind. At the same time, most of the renowned financial research institutes and relevant regulatory agencies are in China are our customers too. Many Chinese and English media, research reports and scientific papers frequently cite the data provided by Wind.