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Brochure: Corporate Overview
Client: ChemConnect, Inc.
Cover:
Connecting Buyers and Sellers Worldwide
Gatefold:
The Leading Online Chemical and Plastics Marketplace
If lowering transaction costs and reducing process inefficiencies are on your business agenda, then solutions from ChemConnect are the best ways to achieve your goals. ChemConnect is the leading online chemical and plastics marketplace, providing easy-to-use, modular tools and services that transform the traditional transaction life cycle into a highly efficient and cost-effective process. With ChemConnect, it's easy to access reliable market information, lower transaction costs, and reduce process inefficiencies — all of which helps you better compete on the worldwide market.
Become a ChemConnect Member today and join successful industry leaders from around the world who turn to us for proven, easy-to-use solutions that generate fast, measurable results and significant returns on investment.
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Optimizing the Transaction Life Cycle to Lower Costs and Reduce Inefficiencies
As the leading chemical and plastics marketplace, ChemConnect transforms the traditional transaction life cycle into a far more efficient and cost-effective process by shortening cycle times and reducing paper-based processes. Whether you need to analyze market conditions, identify new trading partners, negotiate and close deals with existing trading partners, or manage transaction fulfillment and logistics, ChemConnect provides solutions to meet the challenges you face.
We understand your industry, and we recognize that every company has unique requirements. As a result, ChemConnect tools and services — backed by unparalleled market and e-commerce expertise — are developed and refined using input from Members to ensure that our solutions map to your workflow. In short, ChemConnect makes doing business easier, faster, and more cost-effective than ever before.
Market Information
Each year, billions of dollars in chemical and plastics transactions move through ChemConnect, providing us with a uniquely broad view of the worldwide market — in-depth knowledge that benefits you directly. We deliver reliable market and information resources enabling Members to better evaluate market conditions before buying or selling. And we can work with you to help you optimize pricing, buy or sell when the timing is right, connect with potential new suppliers from around the world, and extend your market reach.
In addition, we'll keep you up to date on market conditions with timely information made available through MarketTrak reports containing pricing and activity information on products traded on the Commodity Exchange; and Market Watch, a customizable feature that alerts you via email whenever there is new activity at ChemConnect involving products you want to buy or sell. Additional Market Resources are also available, including DeWitt's Daily Analytics and NYMEX pricing for key petrochemical feedstocks.
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Negotiation Tools
Buying and selling chemicals and plastics can be time-consuming and expensive, and transaction requirements vary depending on product specifications and negotiation dynamics. To help you make the best deal, we offer a broad portfolio of easy-to-use tools and services that let you select just the solutions you need to get the results you're looking for. Only ChemConnect offers Members three ways to negotiate — all developed specifically to meet the needs of both buyers and sellers:
- The Trading Center is an online trading platform where more than 7,500 ChemConnect Members can streamline their daily business processes and easily conduct negotiations on the worldwide market. As a subscribing Member, you'll have access to a database of more than 60,000 chemical and plastics products — virtually any product you're looking to buy or sell, anywhere in the world.
- Online auctions and reverse auctions allow Members to invite participants and conduct private negotiations on different factors, such as price, specifications, and terms. Trading partners can quickly negotiate to market prices by being in the same place at the same time and participating in a dynamic bidding event.
- The Commodity Exchange is the place where millions of metric tons of high-volume standardized commodity chemicals and plastics are traded in real time. After pre-approving their trading partners, Members can get fast and easy access to the global spot market, trade at market prices, and better manage price and supply risk — all in a 100-percent safe and secure trading environment.
Risk Management
ChemConnect risk management solutions provide unique capabilities to minimize the effects of price volatility, reduce margin uncertainty, and effectively respond to global market developments.
The Commodity Exchange is a powerful mechanism for risk management through which global pricing information for both physical products and related financial derivatives is transparent and can quickly be disseminated. Participants can hedge price risk through online Commodity Exchange negotiation of over-the-counter financial transactions with pre-approved counter-parties.
Participants can also take advantage of regulated futures contracts developed through an exclusive ChemConnect partnership with Chicago Mercantile Exchange, Inc. (CME). These contracts are regulated by the Commodity Futures Trading Commission, and settlement is guaranteed by the CME and their clearing member firms.
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Fulfillment Services
At the end of a transaction, when negotiations are complete, ChemConnect® Fulfillment Services provide a centralized hub for the secure electronic transfer of data among business partners — freeing you of the need to maintain multiple connections. These services are comprised of two major components.
- Connectivity Services help you increase efficiency and data accuracy, while lowering operating costs and improving productivity.
- Value Added Services offer convenient access to a broad range of highly effective inventory tracking and management tools, as well as logistics providers that can help you get products moved from one point to another.
In short, ChemConnect Fulfillment Services help you increase efficiency across the entire supply chain by eliminating paper-based processes, shortening cycle times, and improving cash flow — so doing business is fast, smooth, and easy.
Connecting Buyers and Sellers Worldwide
A recognized industry leader, ChemConnect offers e-commerce solutions designed to evolve as your business needs change, with the ultimate goal of eliminating inefficiencies and optimizing costs throughout the transaction life cycle. Through partnerships, shared best practices, improved information flow, and collaboration among trading partners, our mission is to help Members reduce their overall transaction costs, negotiate deals more quickly, eliminate manual document handling, improve accuracy, and shorten the time it takes to complete the transaction life cycle.
For More Information
If lower costs, greater efficiency, and improved ability to compete on the worldwide market are on your agenda, then using ChemConnect solutions may be just the ticket to achieve your goals. For further details, visit our web site at www.chemconnect.com or call one of our global sales offices:
- North America: +1 (877) ChemCon, or +1 (877) 243 6266
- Europe: +31 (0) 10 204 5550
- Asia: 65 238-0668
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