September 12, 2006

ICIS Chemical Business Americas - More News

Seems like ICIS Chemical Business Americas (Chemical Market Reporter) may be writing its own ending in academic libraries. Randy Reichardt has discovered that up to 75-80% of the prices that were historically tracked have been removed from the online price index.

I looked today (September 12, 2006) at the price index. Only 86 prices were listed for 51 unique compounds. Last year when we spent the EXTRA money over 500 entries were included. In addition, many of the items that are included rarely come up in a chemical engineering design project at my institution. For example, I have never helped a student look up the following items nor did I need them a couple of years ago when I worked on my own chemical engineering design projects: coconut oil (2 entries), clover leaf oil, cotton oil (2 entries), canola meal, fish oil (4 entries), etc.

I will be updating my chemical engineering research guide to include other alternative resources and tricks for students to find chemical prices, as the value of this resource may no longer be a luxury academic libraries can afford.

Timeline of events:

• Chemical prices are removed from print edition
  
• Case spends the money to add online prices with an initial price of $415 for over 500 chemicals
  
• Announced name change
  
• Entry about poorly timed updated
  
• Today less than 100 entries exist

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ICIS Chemical Business Americas - Update
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Weblog: e3 Information Overload, E-Resources for Engineering Education
Tracked: September 25, 2006 08:21 AM