SOURCE: IDES Inc.

July 07, 2005 12:07 ET

IDES Now Publishing Resin Pricing Reports

LARAMIE, WY -- (MARKET WIRE) -- July 7, 2005 -- IDES, a plastic materials information management company, today announced the published release of their anticipated Resin Pricing Report. IDES gathers pricing information from over 14,000 resin buyers. They then aggregate the data into a report that is recurrently updated and available through their Prospector plastics search engines (www.ides.com/prospector).

"To obtain true market price, we work closely with resin buyers to submit historical material buying information including grade, product name, special features like medical or glass-filled, annual volume in pounds, and the price paid per pound," said Mike Kmetz, IDES President. "Already the report is providing value to resin buyers who can quickly see how their spending compares to the rest of the market."

Pricing information is available for all major resin families (including Nylon, ABS, Polypropylene, etc.) and placed into three volume categories; less than 10,000 lbs., 10,000 - 100,000 lbs., and more than 100,000 lbs. Within each category, pricing is displayed from low to high with a column reporting the average price paid. If resin buyers determine that they are paying too much for a particular resin, they can subscribe to IDES' Prospector Pro with Alternative Resins Search to locate lower-cost offsets (www.ides.com/alternatives).

The Resin Pricing Report is accessible through Prospector Pro (www.ides.com/prospector), an annually licensed data service, and Prospector X5 (www.ides.com/X5) which is a complimentary database of plastic material data sheets for buyers and specifiers of resin.

About IDES Inc.

IDES' innovative plastics search engine technology connects over 10,300 companies around the world with a single source for plastic materials information. Founded in 1986, IDES is the industry standard for finding plastics and data sheets. IDES' flagship search engine, Prospector, contains 58,000 materials from 488 global resin suppliers. IDES also develops custom plastics search engines for resin suppliers, distributors and OEMs. IDES is headquartered in Laramie, Wyoming and has a sales office in Oyonnax, France. For more information, visit www.ides.com

Contact Information

  • Contacts:
    Nathan Potter
    IDES
    +1-307-742-9227 Ext. 246
    Email Contact