Argus acquires Jim Jordan & Associates LP, expands presence in the global petrochemicals market
HOUSTON, May 31, 2013 /PRNewswire/ -- Global energy and commodity price reporting agency Argus today announced the acquisition of Jim Jordan & Associates (JJ&A), a provider of price reporting and market intelligence to the methanol and transportation fuels markets.
JJ&A was founded in 2003 by Jim Jordan and Marybeth Maloy Gebauer, both of whom are widely regarded in the petrochemicals industry for their experience and expertise. In addition to weekly pricing and market information on methanol and transportation fuels, JJ&A provides single and multi-client studies and access to the firm's experts.
Argus Media chairman and chief executive Adrian Binks said: "We are pleased to welcome JJ&A to Argus. This acquisition further consolidates Argus' global coverage of the petrochemicals markets. JJ&A brings a depth of knowledge to the methanol and transportation fuels markets that is anchored in experience and understanding of related commodities markets. JJ&A is a natural fit for the expanding Argus portfolio."
Jim Jordan added: "We are delighted to join forces with Argus as it deepens its petrochemical coverage. Argus' global coverage of various commodities markets will provide support for enhanced services that will benefit the industry."
Terms of the acquisition were not disclosed.
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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, metals 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. Visit: www.argusmedia.com
About Jim Jordan & Associates
JJ&A is a privately-owned, US-based consultancy, and a leading market analysis and intelligence provider to the methanol and ethers (MTBE, ETBE) industries worldwide. JJ&A offers carefully considered points of view supported by data and experience to provide clients with superior business solutions. Visit: www.jordan-associates.com
SOURCE Argus Media