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Resin Companies Form E-Commerce Venture.


Last month, five large plastics resin resin, any of a class of amorphous solids or semisolids. Resins are found in nature and are chiefly of vegetable origin. They are typically light yellow to dark brown in color; tasteless; odorless or faintly aromatic; translucent or transparent; brittle, fracturing  makers said they had agreed to form a new company that would be "a neutral business-to-business on-line marketplace focused on delivering products and related services to plastics injection molders around the globe," according to according to
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1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

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 a joint announcement. The partners--BASF, Bayer, Dow (Direct OverWrite) See magneto-optic disk. , DuPont, and Ticona---aid the as-yet unnamed company would pursue a global market worth around $50 billion.

The E-commerce venture will offer products and services from more than just these five companies. To make it a more attractive place to shop, the partners will invite other companies to join the venture, including makers of molding equipment, tooling, maintenance supplies, packaging materials, and related services.

The new electronic marketplace will offer a catalog catalog, descriptive list, on cards or in a book, of the contents of a library. Assurbanipal's library at Nineveh was cataloged on shelves of slate. The first known subject catalog was compiled by Callimachus at the Alexandrian Library in the 3d cent. B.C.  with full product information, ability to make comparisons across product lines, order tracking, electronic billing Electronic billing is the electronic delivery and presentation of financial statements, bills, invoices, and related information sent by a company to its customers. Electronic billing is also referred to as the following:
  • e-billing
  • EBPP
 and payment, and on-line customer support. The new venture aims to go online by Oct. 1.
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Article Details
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Publication:Plastics Technology
Article Type:Brief Article
Geographic Code:1USA
Date:May 1, 2000
Words:149
Previous Article:PEN Copolymers Get FDA Clearance.(Brief Article)(Statistical Data Included)
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