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Optimize your supplier portfolio

Efficiently manage supply contracts to reduce costs and mitigate risks.

Successful oversight of chemical supply chains in today’s climate of market volatility, geopolitical turmoil and heightened regulation requires foresight. You need access to reliable commodity price forecasts to plan raw material inventory and renegotiate supply contracts. Insight into how change – such as oil pricing – might impact your raw materials costs and preparing for unanticipated interruptions are critical for mitigating risk. To expand your profit margins, you must accurately analyze your current spend data to reveal where the greatest cost saving opportunities lie.

What IHS Markit can do for you:

  • Renegotiate and manage efficient supply contracts that reduce costs, mitigate risks and expand margins
  • By understanding the key drivers of price volatility – along with knowledge of current and prospective plant locations – you can target reliable and stable sources of low-cost feedstocks
  • Gain visibility into your supplier’s cost structure with our proprietary data, analytics and expertise covering entire markets and regions
  • Arm your procurement teams with the regional and global supply, demand and price forecasts they need to analyze spend, plan raw material inventory and acquire better buy agreements
  • Benchmark your costs and margins relative to your competitors, and partner with us to implement strategies that reduce cost and ensure continuity of supply

Products & Solutions

  • Market Advisory Services (MAS)

    Near-term pricing and market dynamics.

    Comprehensive price discovery, near-term analysis and forecasts of global chemical markets. Our experts leverage years of industry experience and extensive professional contacts to help clients improve market portfolio planning and make better buying, selling and operating decisions. Reports are provided weekly, biweekly, and/or monthly, depending upon the service. For some actively traded chemicals, Market Daily Services are offered.

  • Directory of Chemical Producers (DCP)

    Searchable database of more than 14,000 chemical companies that collectively produce 21,500 chemical products in over 90 countries.

    Customers may search the database by: current or former company name, product name, CAS number, product group, plant location (city, state, province, country), ownership.

  • Competitive Cost & Margin Analytics (CCMA)

    Cost and margin curves with production costs by plant and feedstock.

    Customers receive a cost curve model of pro-forma plant costs and margin positions of individual chemical plants, both regionally and globally. Now includes additional scenarios for feedstock prices.

  • Consulting Services

    Client-tailored solutions, including market research, process evaluations, feasibility services, competitive structures, macroeconomics, strategic planning, benchmarking and M&A due diligence.

IHS Markit Insight

Customer Testimonial

Industry Success Stories


IHS Markit Event 24 March 2020

WPC 2020: 35th Annual World Petrochemical Con (...)

IHS Markit presents the WPC 2020: The 35th Annual (...)

Training & User Group 29 October 2019

Understanding Global Petrochemical Industry - (...)

A three-day course by Chemical Training & Educatio (...)

Training & User Group 05 November 2019

Understanding the Global Petrochemical Indust (...)

A three-day course by Chemical Training & Educatio (...)

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