OneChem Announces First Five Customers.Business, Chemical & E-Commerce Editors RIDGEFIELD, Conn.--(BUSINESS WIRE)--Aug. 17, 2000 OneChem Ltd., the chemical industry's first operational application service provider, today announced that Vulcan Chemicals, Koch Chemicals, General Chemical, Lemex and Grupo Polak have signed letters of agreement to conduct transactions on www.onechem.com to support their e-commerce strategies. "Implementing storefronts with these esteemed companies is paramount to our goal of building a global network of leading chemical company customers and suppliers," said Gregory W. Corgan, president and chief executive officer of OneChem. "Customer-focused companies like Vulcan, Koch, General Chemical, Grupo Polak and Lemex understand the importance of offering a streamlined business solution that meets the needs of their customers around the clock." "The official launch of OneChem on June 13 of this year marked the beginning of a more efficient chemical industry," said Fadi Kanafani, Director of Information Technology for Koch Chemicals. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. colleague Allan Allford, CFO See Chief Financial Officer. and Vice President of Corporate Development, "Koch's decision to utilize the OneChem StoreFront platform is based on our belief that OneChem will better serve our customers and increase our transaction efficiency in our solvents and specialties businesses." A StoreFront is a customized, interactive Web page-accessed through OneChem, which serves to supply product and price information to specific customers. The StoreFront is specifically designed to replicate the order management process that exists in the industry, while incorporating the benefits of a Web-enabled open communications platform. The StoreFront also supports electronic management of term contracts. The system manages term variables such as volume releases, price, transportation, tariffs, packaging, transportation type and payment type. It creates an electronic history for real-time monitoring of the contract variables. "Most of Vulcan's business is contracted business, meaning that we have established relationships with our customers and provide them product according to the terms and conditions laid out in these agreements," said Gene Meyer, e-Business Manager of Vulcan Chemicals. "Right now, for every 1,000 orders we receive over the telephone, we field another 700 calls from our customers inquiring about their shipments. We also place another 600 or so outgoing calls to customers. OneChem offers Vulcan a fast, secure and direct pipeline to buyers and allows us to more quickly and efficiently move product, reduce inventory, and increase revenues." About OneChem OneChem (www.onechem.com) is the first operational e-commerce solution to concentrate on the critical functions involved in managing transactions between buyers and sellers. A unique application service provider, OneChem's strengths lie in its chemical industry expertise, its breadth of applications and its execution capabilities. Incorporated in 1999, OneChem has offices throughout the world including Connecticut, Florida, Illinois, Georgia, North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. , Texas, Japan and Switzerland. About Vulcan Chemicals Vulcan Chemicals, a business unit of Vulcan Company (NYSE NYSE See: New York Stock Exchange : VMC See VESA Media Channel. ) with headquarters in Birmingham, Alabama Birmingham (pronounced [ˈbɝmɪŋˌhæm]) is the largest city in the U.S. state of Alabama and is the county seat of Jefferson County. , manufacturers chlorine, caustic soda caustic soda: see sodium hydroxide. caustic soda Sodium hydroxide (NaOH), an inorganic compound. The alkalies called caustic soda and caustic potash (potassium hydroxide) are very important industrial chemicals, with uses in the manufacture of , and a diversified line of industrial chemicals used in a wide range of modern applications. About Koch Industries Koch Industries, Inc. (pronounced "koke") is a private corporation based in Wichita, Kansas. According to Forbes Magazine, it is the largest privately owned company in the world by revenue (surpassing Cargill in 2005 with the acquisition of Georgia-Pacific), with subsidiaries Koch Industries, Inc. through its affiliates, employs 11,500 people worldwide and is involved in virtually all phases of the oil and gas industry, as well as in chemicals, plastics, energy services, chemical and environmental technology products, asphalt products, metals and mineral services, ranching, financial services, and ventures. For more information on Koch, refer to www.kochind.com or www.kochenvironment.com on the Internet. About General Chemical General Chemical Corporation is a leading producer of water treatment, high-purity electronic-grade and specialty fine chemicals, actives for personal care and pharmaceuticals, and specialty grades of sulfuric acid sulfuric acid, chemical compound, H2SO4, colorless, odorless, extremely corrosive, oily liquid. It is sometimes called oil of vitriol. Concentrated Sulfuric Acid and acid recycling services. It is part of GenTek Inc., a technology-driven manufacturer of telecommunications equipment, precision automotive components and performance chemicals. About Grupo Polak Established in 1955, this family-owned, 100% Mexican company, manufacturers specialty chemicals selling to a wide range of industries and works also with many clients on contract manufacturing. Main products include: 2, 4-D acid, formulated herbicides, chloroacetic acid (MCA MCA in full Music Corporation of America Entertainment conglomerate. It was founded in Chicago in 1924 by Jules Stein as a talent agency. In the 1960s it bought Decca Records and Universal Pictures, and today it produces films, music, and television shows. ), nonylphenol, ethoxylated and propoxylated products, chelants, carbarnates, biocides, phosphate esters and wood treatment products. About Lemex International Group Since 1991, Lemex is exclusively representing on the world market the Russian Suspension PVC PVC: see polyvinyl chloride. PVC in full polyvinyl chloride Synthetic resin, an organic polymer made by treating vinyl chloride monomers with a peroxide. producer Kaustik and Plastcard of Volgograd. The world market is served successfully through three different large and modern distribution centers in Novorossijsk, Russia, Istanbul, Turkey and Antwerp, Belgium. Customers are served on a daily basis by a fleet of seagoing sea·go·ing adj. Made or used for ocean voyages. seagoing Adjective built for travelling on the sea Adj. 1. vessels, trucks, bulk trucks and railcars. The main markets are: Europe, Turkey, North Africa and Middle distribution centers we foresee a growing demand of our products in many other markets around the world. 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