RISI Announces New Analytics Business
BOSTON, MA, July 15, 2015 (Press Release) – RISI, the leading information provider for the global forest products industry, today announced the creation of RISI Analytics, a new business division combining price forecasting and mill cost benchmarking. This new division will offer a unique intelligence service not available from any other firm serving the forest products market.
“Analyzing the underlying manufacturing cost structure is critical to understanding what drives prices, especially in global commodity markets like pulp and paper. In fact, these costs play such an important role, that we are formally integrating them into all of RISI’s market forecasts,” said Jon Rager Senior Vice President of Analytics (formerly Economic Analysis and Mill Intelligence) at RISI.
“RISI economists have long incorporated data from our cost benchmarking service into their models. However, we have never exposed that data directly in our forecasts before. By providing clients with cost benchmarking data in our forecasts, along with the tools to use it in their own analyses, we will provide substantially better insight,” continued Rager.
RISI CEO, Charles Rutstein added that, “Our goal with RISI Analytics is to provide our customers with a consistent industry outlook, including an integrated view on cost drivers. This, like every product decision we make, is consistent with our mandate to provide every client the objective insight they need to make the best business decisions.”
Existing RISI clients will begin to see a difference in their short-term forecasts this month. Medium and long-term forecast subscribers will begin to see differences starting in October. Customers of RISI forecast services will gain access to RISI’s cost benchmarking services based on the regions, grades and Economic Analysis products covered by their subscription.
The combined service will include all Fiber, Graphic Paper and Packaging coverage.
About RISI (www.risi.com)
RISI is the leading information provider for the global forest products industry. The company works with clients in the pulp and paper, packaging, wood products, timber, biomass, tissue and nonwovens industries to help them make better decisions.
Headquartered in Boston, MA, RISI operates additional offices throughout North and South America, Europe and Asia.
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