Omnexus Surplus Center expands into Europe connecting processors with sellers of excess plastics materials

ATLANTA (July 23, 2002) –Omnexus has extended its online excess materials service with today’s launch of the European arm of its successful surPLUS Center™. Plastics buyers and sellers ranging from small to large companies now have instant access through the global plastics eMarketplace to a fast-moving, continually updated selection of discounted prime and non-prime inventory from both North American and European sellers of branded, excess resin materials.

Available through the Omnexus portal at www.omnexus.com, the surPLUS Center is a searchable catalog containing the listings of excess inventory from well-known plastics companies. The surPLUS Center gives plastics buyers in Europe and worldwide a direct online channel to view these materials, and then purchase them directly from companies offering products through Omnexus, including BASF, Bayer, Distrupol, Dow, DSM, Entec, and PolyOne.

“Buyers and sellers alike benefit from the convenience of the surPLUS Center’s centralized location and immediate online access,” said Michael J. Walsh, Omnexus interim CEO. “The extension of the surPLUS Center to our European members truly makes this the most efficient global channel for accessing excess materials from multiple suppliers.”

The surPLUS Center offers sellers of discounted excess resin materials a simple, cost-effective alternative to the traditional methods of marketing their materials. Suppliers, distributors, brokers, and other wholesalers of trademarked plastics materials can use the Center to place their prime and non-prime discounted inventory in front of a wide, global audience of plastics purchasers.

Alternatively, buyers using the surPLUS Center can quickly view listings of available excess materials and purchase them directly from these companies. This one-stop resource shows processors both availability and physical location of discounted products, and is continually updated as materials are added. Buyers can also sign up to receive e-mail alerts when new inventory is posted at www.omnexus.com/surpluscenter.

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