ICIS extends presence in Russian market through MRC joint venture

Global chemicals information giant ICIS is extending its presence in the Russian plastics market through a joint venture with specialist Former Soviet Union (FSU) based benchmark price provider Market Report Company Group (MRC), the two companies announced on Thursday last week.

"The Russian polymers market is growing at an extraordinary speed and becoming an integral part of the global marketplace,” said Christopher Flook, publishing director of ICIS, a part of Reed Business Information. "Our cooperation with market-leaders MRC will ensure we serve customers both inside and outside Russia with a greatly-enhanced information offering.”

"We are very pleased to be working with ICIS, the global leader in the market information field,” said Sergey Yaremenko, CEO of MRC. "MRC's specialist expertise in these markets is a natural fit with ICIS' breadth and depth of coverage.”

To mark the launch of their collaboration, ICIS and MRC are holding a one-day conference: "Russian Polymers Summit” on October 14th, 2010 in Moscow, Russia.

Participants will gain an understanding of the challenges facing the polymers market in Russia and the FSU. Key areas for focus will include Russian and international producers' perspectives on the potential threats posed by increased tariffs; and on supply-demand issues and their impact on pricing.

Delegates will also have the opportunity to interact with key players in the Russian polymers market.

Click here to find out more and to register: www.icisconference.com/russianpolymers, www.polymersummit.ru (Russian language.)

Further areas of increased co-operation between ICIS and MRC will be announced at the summit.

About ICIS
ICIS is well established as a key global provider of benchmark price and news intelligence for the chemical, oil and energy industries, assisting companies in global commodity markets to improve their revenues and profits by providing high quality, timely, commercially useful information, business leads and brand positioning across the world.

ICIS' global team of more than 200 people based in London, Houston, Singapore, New York, Washington, Shanghai, Moscow and Mumbai strives to deliver definitive global chemical intelligence.

About Reed Business Information Ltd
Reed Business Information UK brings over 100 market leading brands to an audience of 30 million decision makers worldwide through its multi-platform media of web products, magazines, exhibitions, conferences and industry awards. Reed Business Information is part of Reed Elsevier, a FTSE-100 company.

About MRC
Market Report Company supplies chemical market pricing and insight for the polyethylene, polypropylene, polystyrene, PVC and PET markets. Established since 2003, MRC reports on Russia, Ukraine, Belarus, Kazakhstan and Uzbekistan and supplies information to the major players in the market.

More Information: www.icis.com, www.mrcplast.com