We will gain diversity by gaining customers in a large new industry sector – albeit one with strong linkages to our existing market
(PRWEB) September 25, 2014
TZ Minerals International Pty Ltd (TZMI), a global consultancy headquartered in Australia, is pleased to announce that the Company acquired Chemical Market Resources Inc (CMR Inc.) on 23 September, 2014.
CMR Inc. is a 25 year old Houston based global consulting company specializing in marketing research and strategic planning for chemicals, petrochemicals and plastics. They hold an annual conference “FlexPO”, now in its 23rd year, with the 2014 event to be held in Shanghai in October. CMR Inc has published over 50 multi-client studies and newsletters and assisted Global top 100 chemical companies in strategic planning.
Under the terms of the agreement, TZMI will acquire all of CMR’s strategic services including: proprietary studies, multi-client studies, conferences, training and development, publications and research services. TZMI’s Mr Phillip Murphy will take up the role of Acting General Manager for CMR Inc.
Mr Bruce Griffin, TZMI’s CEO said “I am excited by the opportunities acquiring CMR will provide TZMI; we will gain diversity by gaining customers in a large new industry sector – albeit one with strong linkages to our existing market, deepen our primary research skill base, broaden our business to new geographies, and increase our exposure to the rapid, shale gas driven growth of the US chemicals industry. TZMI’s experience in publications and conferences will also enable us to enhance and expand CMR’s offerings in these areas”.
Dr Balaji Singh, will continue with CMR Inc. to ensure a smooth transfer of the business and remain a key member of the CMR Inc team on an ongoing basis. This ensures that TZMI continues to benefit from his extensive knowledge of the global chemical, petrochemical and plastics industry and customer relationships while allowing others to oversee the day to day management of the business.
Dr. Singh said "CMR Inc. customers will benefit from the growth in resources available to deliver marketing research requirements of the changing Global markets. We are excited and looking forward to enhancing strategic research services under TZMI”.
TZMI currently employs more than 50 people at sites across Perth (Australia), Houston (USA), Shanghai (China) and Durban (South Africa).
TZMI is an independent consulting company, operating since 1994, which specialises in all aspects of the mineral sands, TiO2 pigment, titanium metal and coatings industries.
TZMI is unique in that it has technical and operational experience, together with strategic and commercial competency, to provide a full service offering to clients.
Clients range from the world’s 500 largest companies through to mid-sized companies and small businesses, including six of the top eight titanium feedstock producers, four of the top five TiO2 pigment producers, and a range of titanium metal, paint and coatings and financial institutions.
In the last 20 years TZMI has grown from being a company that focused on providing research reports, to now seeing 85% of annual revenue being from technical and market strategy assignments.
About Chemical Market Resources Inc.
Chemical Market Resources, Inc. was established in 1990 to undertake business research and strategic planning for a global clientele base concentrated in the chemical, petrochemical, plastics, and allied industries.
CMR Inc. provides clients with thoroughly researched market studies emphasizing emerging trends in the industry, changes in technology supporting these trends and strategic direction assessment so that our clients can optimize opportunities in specific markets.
For more information visit http://www.CMRHouTex.com
For Editorial Information:
Marketing Manager, TZMI
Tel: +61 8 9359 6000