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ChemConnect Signs New Global Partners; Agreements in South Korea, Mexico, and South Africa Further Extend B2B Chemicals and Plastics Buying and Selling Opportunities.


Business Editors

SAN FRANCISCO--(BUSINESS WIRE)--Nov. 13, 2001

ChemConnect, Inc., the company that provides the only end-to-end e-commerce solution for buyers and sellers of chemicals and plastics worldwide, today announced it has added three new companies, on three continents, to its channel partner program. Agreements with Mirae International Corporation in South Korea, QuimiNet.com headquartered in Mexico, and Professional Access in South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa.  further extend global B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G.

B2B - business to business
 opportunities for ChemConnect's 7,000 Member companies and facilitate access to ChemConnect's negotiation tools and connectivity services.

The channel partner program increases competitive advantages for ChemConnect Members, who use the company's negotiation tools and services to complete transactions, with both new and long-term trading partners. The agreements provide ChemConnect Members with access to the services, localized product, supplier, and company knowledge, and industry expertise of these three companies. By the same token, buyers and sellers of chemicals and plastics in their respective regions gain new opportunities through ChemConnect to trade online in the global marketplace.

"Our newest channel partners represent the best-in-class companies in their regions and in their special areas of focus," said John Robinson Several notable individuals have been named John Robinson: Politicians
  • John Robinson (1650-1723) (1650-1723), English diplomat; later Bishop of Bristol from 1710 and Lord Privy Seal from 1711-1713
, ChemConnect 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. . "With these agreements we are able to offer our Members the best view of local conditions and unparalleled access to new buying and selling opportunities, facilitated by professionals with extensive knowledge of local customs and contacts."

About Mirae

Mirae will support ChemConnect's trading platforms by acting as brokers and facilitators for business development in Asia, with a focus on the South Korean marketplace. Mirae brokers will be active on ChemConnect's commodities trading area, facilitating the trading of commodity chemicals, plastics, and gasoline blendstocks such as benzene, toluene toluene (tōl`yēn') or methylbenzene (mĕth'əlbĕn`zēn), C7H8 , xylene xylene (zī`lēn) or dimethylbenzene (dī'mĕthəlbĕn`zēn), C6H4(CH3)2 , methanol, 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.
, para-xylene, PVC PVC: see polyvinyl chloride.
PVC
 in full polyvinyl chloride

Synthetic resin, an organic polymer made by treating vinyl chloride monomers with a peroxide.
, propylene propylene /pro·pyl·ene/ (pro´pi-len) a gaseous hydrocarbon, CH3CHdbondCH2.

propylene glycol  a colorless viscous liquid used as a humectant and solvent in pharmaceutical preparations.
, naphtha naphtha (năp`thə, năf`–), term usually restricted to a class of colorless, volatile, flammable liquid hydrocarbon mixtures. , and ethylene. This relationship provides ChemConnect with access to the existing customer base of Mirae, a multi-national petrochemical trading company. The Mirae brokers will be able to make contact with buyers and sellers on a regular basis to close transactions. They will also provide pricing information to the marketplace via the ChemConnect daily commodity report.

About Professional Access

Professional Access specializes in sourcing chemicals and polymers in South Africa for markets in West Africa and Asia. South Africa is the continent's most developed industrial nation, with strong chemicals and plastics manufacturing infrastructures. As ChemConnect's sales and marketing representative in South Africa, Professional Access will open new e-commerce buying and selling opportunities to and from the country's invigorated in·vig·or·ate  
tr.v. in·vig·or·at·ed, in·vig·or·at·ing, in·vig·or·ates
To impart vigor, strength, or vitality to; animate: "A few whiffs of the raw, strong scent of phlox invigorated her" 
 markets.

About QuimiNet

QuimiNet is the virtual community of the Latin American chemicals and plastics industries. Launched in Mexico in October 2000, QuimiNet's Web-based portfolio includes supplier directories, industry-related news, e-commerce consulting services, telecommunications services, commercial and technical information, free online plastics technical service, and job listings. Under the agreement, QuimiNet will act as ChemConnect's sales and marketing arm, selling ChemConnect's negotiation tools and connectivity services in Latin America. This will give QuimiNet members new access to e-commerce opportunities and further open the Latin American market, particularly in Mexico and Columbia, to ChemConnect Members.

About ChemConnect

ChemConnect, Inc. provides the only end-to-end e-commerce solution for buyers and sellers of chemicals and plastics worldwide. At the front end of the transaction cycle, Members work with ChemConnect to develop effective sourcing and sales plans. To facilitate fast and effective transactions, ChemConnect offers the broadest set of online negotiation tools; each designed to meet particular business requirements. ChemConnect's tools makes it easy for its Members to negotiate with their existing partners as well as establish valuable new relationships. At the back end of the transaction cycle, ChemConnect provides a single point of contact for order fulfillment, logistics, invoicing, and the monitoring and tracking of transactions. For more information visit www.chemconnect.com.

Note to Editors - ChemConnect is a registered trademark of ChemConnect, Inc. All other product, trademark, company or service names mentioned herein are the property of their respective owners.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Nov 13, 2001
Words:635
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