IIR, Refinery Calc Formalize Strategic Alliance Agreement for Global Refining MarketIntel Platform

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Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info Resources (IIR), a world leader in constantly updated global market intelligence, and Refinery Calculator (Refinery Calc), a value creation service company that uses a cloud-based refinery optimization model to generate on-demand refining and energy actionable market intelligence, have signed a Strategic Alliance Agreement (SAA). The companies will work with several other Alliance Partners to combine their complementary technologies, data, information and analytics to develop a comprehensive Global Refining MarketIntel Platform.

IIR will provide its proprietary refining capacity intelligence and unparalleled research services; Refinery Calc will utilize this information to forecast refinery operations intelligence, such as crude slates, crude runs, margins, product yields, energy usage (power and natural gas), over-the-fence hydrogen requirements as well as other meaningful results for:

• Energy Traders
• Crude Oil Traders
• Refined Product Traders
• Market Analysts
• Economic and Planning Engineers
• Industrial Gas Suppliers
• Bench Markers

The collaboration utilizes IIR's refinery offline capacity market intelligence and Refinery Calc's proprietary optimization model to quantify the impact of outages. This information is then "rolled up" at the North American and U.S. PADD level, which then will be replicated globally, beginning with the Asia-Pacific (APAC) Region.

Paul Copello, president of IIR Energy, a unit of Industrial Info Resources, said: "We are extremely delighted with our new partnership that will allow us to combine IIR's unique, proprietary, boots-on-the ground research and intelligence, with best-of-breed refinery complexity, operations and utilizations that Refinery Calc brings to the table, that will allow our users to get a more accurate understanding of yields, margins and pricing of petroleum refined products."

Rommel Oates, Refinery Calculator's chief executive officer. "The SAA with IIR will allow the two companies to leverage their unique capabilities to provide a real-time Global Refining MarketIntel Platform and Dashboard."

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at https://www.industrialinfo.com.