5 Dec 2001
Strategic alliance creates winning e-business Channel for global chemical and plastics industries.
Omnexus and elemica form strategic alliance to bring Clear solution for their industries
ATLANTA and PHILADELPHIA (December 5, 2001) – Omnexus, the global, neutral eMarketplace created by the plastics industry for the plastics industry, and Elemica, a global integrated hub founded by 22 of the world's largest chemical companies, today announced the formation of a deep, long-term strategic alliance.
Elemica brings premier capabilities in ERP connectivity by providing true interoperability and allowing members to connect to each other through a single connection to Elemica. Elemica has also deployed sophisticated logistics and supply chain solutions, offering a global suite of products that enable buyers and sellers to collaborate and achieve substantial transaction, supply chain and technology savings. The Omnexus marketplace provides an efficient, cost-effective method of eProcurement that allows customers to transact with multiple suppliers in a standardized business process that delivers both time and cost savings. Omnexus has enabled collaborative commerce across five languages and multiple units of weight, measure and currency.
Under the terms of the alliance, Omnexus and Elemica will work together to leverage the technology each has developed. The result will be a series of simple and cost-effective solutions for buyers and sellers in the Chemical and Plastics industries. Each company will continue to function independently, however, each will become the technology provider to the other to deliver both the eProcurement and integration capabilities that are needed by their respective clients.
“This alliance leverages the substantial investment both companies have made in our respective technologies” said Peter Dunning, CEO of Omnexus. “It allows us to bring together the best elements of both in a clear and winning solution for our markets.”
Kent Dolby, President and CEO of Elemica said: “The key beneficiaries of this alliance are the companies who are looking to reduce their costs.” He continued, “Companies who buy chemicals or plastics will now be able to access their suppliers through a single technology connection. Similarly, sellers will be able to gain the benefits of the Omnexus eMarketplace and the reach of the Elemica “Connect once – Connect to all” capabilities without having to deal with overlapping technology standards.”
Between the two companies, over 40 global suppliers are now represented, which promises such obvious benefits as: reduction in ERP connectivity costs, elimination of duplicate integration spend, broader choice of products and services, and greater alignment with industry technology standards.
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Omnexus
Steinacherstrasse 101c
8804 Au/Wädenswil
Switzerland
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About Omnexus
Omnexus is the global, neutral eMarketplace focused on delivering products and related services to the plastics industry. Founded and supported by the plastics industry, Omnexus currently consists of a growing list of more than 20 global suppliers, including ATOFINA, BASF AG, Bayer AG, Biesterfeld, Clariant, Demag Ergotech, Distrupol, Dow Chemical, DSM, DuPont, Engel, Entec, Muehlstein, Performance Polymers, PolyOne, Resinex & Ravago, Solvay, Ticona and Van Dorn Demag.
The Omnexus solution provides a single point of connectivity for plastics processors and suppliers and is an efficient, cost-effective method of eProcurement. Omnexus is currently operational in North America and Europe and will service Asia and the rest of the world by 2002. Global headquarters for the company are located in Zurich, Switzerland. North American headquarters are in Atlanta, Ga
About Elemica
Elemica is a premier global neutral information network built to facilitate the order processing and supply chain management of contract and repeat chemical transactions. The company offers an integrated suite of products that enables buyers and sellers of chemicals to streamline their business processes and collaborate to achieve substantial savings. Central to Elemica’s product suite is the Elemica Connected Solution that equips companies worldwide to build and expand ERP (Enterprise Resource Planning) connectivity via a single electronic connection to Elemica’s secure global network. Commercial ERP-connected transactions on the Elemica network began on June 11, 2001. With the Connected Solution as the core, Elemica has developed a full suite of integrated products that include Elemica Web Solutions and Elemica Supply Chain Solutions.
The growing Elemica network was created through the shared vision, efforts and funding of the following leading global chemical companies: Air Products and Chemicals, ATOFINA, BASF, Bayer, BP, Brenntag, Celanese, CHEMCENTRAL, Ciba Specialty Chemicals, Degussa, The Dow Chemical Company, DSM, DuPont, Millennium Chemicals, Mitsubishi Chemical Corporation, Mitsui Chemicals, Rhodia, Rohm and Haas, Shell, Solvay, Sumitomo Chemical and Vopak.
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