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CheMatch.com Launches Bulk Plastics Trading.


Business Editors

HOUSTON--(BUSINESS WIRE)--Feb. 16, 2000

Leading chemical trading exchange CheMatch.com announced that it has added plastics to its exchange. The company announced that participants may now trade fifteen commodity grades of polyethylene, polypropylene, polystyrene and PVC PVC: see polyvinyl chloride.
PVC
 in full polyvinyl chloride

Synthetic resin, an organic polymer made by treating vinyl chloride monomers with a peroxide.
. In addition, the company reports that it is creating auction and tender capabilities to cover additional trading needs for the plastics market.

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 CheMatch.com exchange provides an e-commerce solution to deliver efficiency and value to the bulk commodity chemical and fuel product segments of the chemical industry. We are pleased to extend these benefits to the bulk plastics market," said Carl McCutcheon, chairman, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of CheMatch.com.

With this new plastics trading system The introduction to this article provides insufficient context for those unfamiliar with the subject matter.
Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page.
, CheMatch.com provides trading capabilities for more than $100 billion of the global plastics market. The CheMatch.com platform offers users expanded market access, time savings and greater efficiency compared with traditional trading methods.

"We have worked closely with industry participants to develop an e-commerce solution that recognizes the particular needs of the global bulk plastics market," said Donald Churchman, vice president - plastics, CheMatch.com. "CheMatch.com enables users to access a pool of qualified buyers and sellers quickly and efficiently. Our plastics trading floor accommodates various market-driven features specific to the plastics industry such as generic non-branded prime, wide specification, off-grade, excess capacity and forward contracts. The transaction offering will be complemented by leading analytics and logistic services."

More than 125 of the world's leading chemical companies and other leading purchasers and sellers of commodity chemical, plastics and fuel products are now members of the CheMatch.com exchange.

About CheMatch.com

CheMatch.com (http://www.chematch.com) is a global Internet exchange and information resource for buying and selling bulk commodity chemicals, plastics and fuel products. CheMatch.com creates a seamless, global marketplace where users can trade 24 hours a day, seven days a week. Strategic and financial investors include Battery Ventures, Computer Sciences Corporation (NYSE NYSE

See: New York Stock Exchange
:CSC), DuPont (NYSE:DD), Millennium Chemicals (NYSE:MCH See Intel Hub Architecture. ), Sprout Group and 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" 
). Headquartered in Houston, CheMatch.com has international offices in the United Kingdom, Singapore and Tokyo. CheMatch.com companies have served the chemical industry since 1995.
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Publication:Business Wire
Date:Feb 16, 2000
Words:376
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