|Industry||Energy, Petrochemicals, Metals|
|Headquarters||New York, United States|
|Warren C Platt|
|Parent||McGraw Hill Financial|
Platts is a provider of energy and metals information and a source of benchmark price assessments in the physical energy markets. Platts was founded in Cleveland, Ohio in 1909 by Warren C. Platt (1883-1963) to provide "reliable market-based price information" on the oil industry.
From an original focus on the oil industry, Platts gradually expanded its purview to include metals, shipping, and all energy-related markets - oil, coal, natural gas, electricity, nuclear power, petrochemicals, renewables, and emissions.
Platts is a division of The McGraw-Hill Companies, Inc., (NYSE: MHP), an information provider, and sister to such brands as Standard & Poor's, J.D. Power & Associates, Aviation Week & Space Technology, and McGraw-Hill Construction. Platts was acquired by McGraw-Hill in 1953.
In 2000 McGraw-Hill merged Platts with other like assets to turn the company into a provider of energy information. It is part of the Information and Media Services group of McGraw-Hill.
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