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Richard currently supports clients globally who subscribe to S&P Global Commodity Insights Chemical's technology related products, namely the Competitive Cost and Margin Analytics Tools (CCMAs), Process Economics Program (PEP), Process Comparison and Cost Tracker (PCCT) and Refinery Cost and Margin Analytics Tool (RCMA).
He joined IHS Markit in 2009. He led many consulting projects across different petrochemical streams that have included market studies, feasibility studies, technology selection studies, feedstock sourcing and pricing studies, marketing strategies, logistics reviews, capital estimates and integration assessments. Many projects have included technology assessment and selection, full financial modeling and production cash cost comparisons of facilities.
Prior to S&P Global Commodity Insights he worked for Nexant, responsible for selling and executing single and multi-client consulting services where he worked on feasibility studies, feedstock strategy projects, independent technical consultant assignments and company refinancing projects.
After completing a PhD in Chemical Engineering as part of a project with British Gas, Richard began his career in 1996 with BP Chemicals in Hull, UK, where he worked for five years as a process engineer on acetic acid and vinyl acetate manufacturing plants and pilot plants. In 2001 he moved into the commercial side of the company and held various financial analyst positions in Solvents and Industrial Chemicals and was logistics performance manager for BP's European polymer and solvents assets.
Richard also worked for Ineos Olefins' financial and planning group and was responsible for the short, medium and long term financials for all Ineos' steam crackers in Europe. During this time, he was the lead in developing the Olefins long-term strategy financials, the financial lead for due diligence for the acquisition of a steam cracker complex and led the Olefins annual financial planning process.