Argus acquires FCC, boosting fertilizer consulting business
LONDON, Jan. 14, 2013 /PRNewswire/ -- Global energy and commodity price reporting agency Argus today announced the acquisition of Fertilizer and Chemical Consultancy (FCC), a provider of long-term outlooks and strategic consulting for fertilizer markets.
FCC was founded in 2004 by Bernard Brentnall and Frances Wollmer, who between them have 50 years of experience in the fertilizer industry. Argus previously had a 49pc stake in FCC, which it acquired when it purchased leading fertilizer price reporting agency FMB in June 2011. Argus has now bought the remaining shares in FCC. Bernard and Frances will join Argus as principals, Fertilizer Consulting Services.
Argus Media chairman and chief executive Adrian Binks said: "We are delighted to bring FCC wholly into Argus. Bernard and Frances are well respected professionals with extensive experience and knowledge on fertilizer and fertilizer raw material markets. They are a welcome addition to both our fertilizer service range and our global consulting team."
Frances Wollmer added: "We are looking forward to developing fertilizer consultancy services further using Argus' global resources. There is a growing need for intelligent and relevant insight in our industry and we are now even better equipped to deliver that to our growing number of customers."
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About Argus Media
Argus is an independent media organisation with nearly 500 full time staff. It is headquartered in London and has offices in each of the world's principal energy centres. Its main activities comprise publishing market reports containing price assessments, market commentary and news, and business intelligence reports that analyse market and industry trends.
More than half of Argus' staff are commodity journalists who specialise in reporting news and price information relating to physical energy and related commodity markets. They operate according to a rigorous Editorial Code of Conduct and an Ethics Policy that align with best journalistic practice, including the avoidance of conflicts of interest.
Argus is a leading provider of data on prices and fundamentals, news, analysis, consultancy services and conferences for the global crude, oil products, natural gas, electricity, coal, emissions, bioenergy, fertilizer, petrochemical and transportation industries. Data provided by Argus are widely used for indexation of physical trade. Companies, governments and international agencies use Argus information for analysis and planning purposes.
Argus has 19 offices globally, including London, Houston, Washington, New York, Calgary, Rio de Janeiro, Singapore, Dubai, Beijing, Tokyo, Sydney, Moscow, Astana and other key centres of the energy industry. Argus was founded in 1970 and is a privately held UK-registered company.
FCC was founded in 2004 by Bernard Brentnall and Frances Wollmer, who are supported by a number of highly experienced associate consultants. FCC produces multiclient outlooks on fertilizer markets as well as producing bespoke consultancy and strategic input for clients.
FCC works across the full fertilizer range covering the main nutrients and raw materials, including nitrogen, phosphates, potash and sulphur.
SOURCE Argus Media