Genscape to Provide a Holistic View of the Petrochemicals Market with Commercial Offering of PX/PTA and Benzene-SM Product Assessment Reports from TPS
March 31, 2016, Louisville, KY – Genscape today announced a full integration of The Petrochemical Standard (TPS) into the company, effective immediately.
Based on demand and subscriber feedback, TPS will focus on a new commercial offering of the PX/PTA and Benzene-SM product assessment reports, which will become a part of Genscape’s collective suite of petrochemical supply chain intelligence services, providing a more complete view of the market as a whole. To begin this process, all free trials of TPS publications were terminated effective March 31, 2016.
“In an effort to be responsive to client feedback, we decided to consolidate our offerings and move ahead with product groupings,” said Chris Sternberg, managing director, oil, at Genscape. “This will allow us to provide a quality product for our customers in the areas where we see the most interest and need.”
To leverage the global pool of analysts and price reporters that could best meet the wants and needs of customers, the global price reporting group will fall under the purview of Genscape’s Houston office, realigning the editorial pool at the Singapore office so as to prevent the duplicate roles.
TPS is in the process of consolidating office locations in Singapore into one central location at Quadrant at Cecil under the DMGT umbrella, which will be effective by April 31, 2016.
About Genscape
Genscape is the leading global provider of real-time data and intelligence for commodity and energy markets, driven to improve market transparency and efficiency. With thousands of patented monitors strategically deployed worldwide, Genscape is unique in its ability to collect and report proprietary market fundamentals in real-time or near real-time. Genscape delivers innovative solutions across a number of asset classes including: Oil, Power, Natural Gas and LNG, Agriculture, Petrochemical and NGLs, Maritime, and Renewables. Genscape clients often gain important insights, improve risk management, or increase operational efficiency. For more information, please visit: www.genscape.com
For all press inquiries please contact:
Caitlin Mann
Marketing Manager
Office: +1 617 790 0963
cmann@genscape.com
Jensen Koo
Sales Manager, Asia
Mobile: + 65 8180 1730
jkoo@genscape.com