VRSK announced the acquisition of The PCI Group (“PCI”), a leading consortium of five specialist companies that offer integrated data and subscriptions research in the chemicals, fibers, films, and plastics sectors. PCI will become part of Wood Mackenzie, a Verisk Analytics business, and will provide valuable services to enhance Wood Mackenzie’s chemicals capabilities.

“PCI is recognized in the chemicals industry as a leading independent subject-matter expert. Its proprietary data complements our own. By bringing together PCI and Wood Mackenzie’s people, data sets, and analysis, we’ll transform our combined client offerings,” said Stephen Halliday, CEO of Wood Mackenzie.

“We’re delighted to join Wood Mackenzie. PCI’s detailed chemicals and product market knowledge, alongside Wood Mackenzie’s extensive knowledge of the natural resources sector, will allow for greater quality, transparency, and granularity in our offerings to clients,” said Philip Gibbs, managing director of PCI Xylenes & Polyesters.

“Together, we’ll create an enhanced chemicals business that will offer independent industry-leading research and consulting across our sectors,” added Robin MacDonald, managing director of PCI Research.

Source:  Benzinga.com