CheMatch.com Announces Proprietary Information and Analytics Product.Business Editors & High-Tech Writers HOUSTON--(BUSINESS WIRE)--Jan. 18, 2001 CheMatch.com, a leading Internet-based marketplace and information resource for buying and selling bulk commodity chemicals, plastics, feedstocks and fuel products, announced today that it has released its first line of CheMatch.com Market Trak products. Continuing its efforts to expand and increase functionality of its platform to the more than 700 members of its Global Trading Network, CheMatch.com created the Market Trak product, which is a proprietary on-line content resource. The product will allow members of the CheMatch.com platform to monitor and compare current prices and trends that impact commodity chemicals. The Market Trak product will initially monitor six commodity chemicals (benzene, methanol, mixed/xylenes, MTBE MTBE Methyl-tert-butyl-ether Surgery An aliphatic ether that rapidly dissolves cholesterol stones in vivo, introduced under local anesthesia via a percutaneous transhepatic cholecystectomy catheter, as a non-invasive method for treating gallstones; after injection, , styrene sty·rene n. A colorless oily liquid from which polystyrenes, plastics, and synthetic rubber are produced. Also called vinylbenzene. monomer and toluene toluene (tōl`y  ēn') or methylbenzene (mĕth'əlbĕn`zēn), C7H8 ) in distinct regional areas including, U.S. Gulf Coast, NW Europe and Asia. The Market Trak product is currently being offered exclusively to CheMatch.com member companies. "CheMatch.com is pleased to announce the launching this week of its first series of information and analytic branded products, the CheMatch Market Trak Price and Market Trak Commentary. These two products are the first of many core products to be created by CheMatch.com to assist our valued member companies in their trading and operational decisions. We are proud to be the first information source to capture and publish bulk commodity chemical pricing and news on an intra-daily basis", stated Carl McCutcheon, CheMatch.com's chairman and chief executive officer. CheMatch.com Branded Products CheMatch.com Market Trak Prices CheMatch.com Market Trak Prices is an intra-day on-line spot pricing report. The report features a pricing matrix for six bulk commodity chemicals in four distinct regional areas. CheMatch.com Market Trak Commentary CheMatch.com Market Trak Commentary is an intra-day news and commentary on-line report of observations in the market as well as events influencing prices of certain petrochemical products. The report features a commentary for six bulk commodity chemicals in three distinct regional areas. These products and regions are similar to those found in the Market Trak Price product. For current pricing trends and events affecting the commodity chemicals sector of the market, access CheMatch.com's Market Trak products by visiting our Web site at www.chematch.com/markettrak/freetrial.html . About CheMatch.com CheMatch.com - The Global Trading Network is a business-to-business, Internet-based marketplace for purchasers and sellers of bulk commodity chemicals, plastics and fuel products. The marketplace incorporates a real-time, interactive trading exchange where members can trade 24 hours a day, seven days a week. Since inception of the CheMatch.com Global Trading Network more than 1.5 million metric tons of product has been transacted, representing a cumulative notional value of more than half a billion dollars. Strategic and financial investors include Battery Ventures, Bayer AG (NYSE NYSE See: New York Stock Exchange :BAYZY; FSE FSE 1. feline spongiform encephalopathy. 2. focal symmetrical encephalomalacia. :BAYG.F), Computer Sciences Corporation (NYSE:CSC), E.I. DuPont de Nemours and Company (NYSE:DD), GE (NYSE:GE), Methanex (Nasdaq:MEOH MEOH Methyl Alcohol ; TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :MX), Millennium Chemicals (NYSE:MCH See Intel Hub Architecture. ), H. Muehlstein & Co. Inc., Reed Elsevier, Sprout Group, Stolt-Nielsen S.A. (Nasdaq:STLTF; Nasdaq:STLBY; Oslo Stock Exchange Oslo Stock Exchange An exchange founded in 1819 and trading stocks, bonds, and stock options that is considered the options market of Norway. :SNIB snib tr.v. snibbed, snib·bing, snibs Chiefly British To latch (a door or window): "[The] window is snibbed on the inner side" ),TownsendTarnell and YourEnergySource.com. Headquartered in Houston, CheMatch.com has international offices in Brussels, Germany, Hong Kong, Manchester (United Kingdom), Sao Paulo, Singapore, Tokyo and Zurich. For more information about CheMatch.com, visit our Web site at www.chematch.com |
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