B2B platform for chemical products launched successfully
CheMondis, a new global online marketplace for chemical products, has been successfully launched. The startup founded by specialty chemicals company LANXESS is set up as a cross-manufacturer and cross-dealer B2B platform on which products can be bought and sold (www.chemondis.com).
“Developing new business models is an important element of the LANXESS digitalization initiative. With CheMondis, we have launched a digital marketplace that specifically targets the needs of the chemicals industry,” said Matthias Zachert, Chairman of the Board of Management of LANXESS AG.
After undergoing an intensive development phase with selected customers, CheMondis currently offers around 500 products from various suppliers. “In the development of CheMondis, we have consistently focused on the needs and wishes of our customers. The result is a highly modern and reliable online marketplace where chemical products can be traded. After only a few weeks, more than 200 companies have already registered,” said Sebastian Brenner, Managing Director of CheMondis GmbH. “Here we are combining profound knowledge from the chemicals industry, a startup spirit and a high level of technological expertise.”
CheMondis is a wholly owned subsidiary of LANXESS. The fledgling company has its own workforce, branding, IT systems and company headquarter in Cologne.
CheMondis originates from the company-wide digitalization initiative that LANXESS started in 2017. For this purpose, the group has established a standalone group function under the leadership of Chief Digital Officer Jörg Hellwig. The initiative’s core action areas are to develop digital business models, introduce new technologies throughout the value chain, develop and utilize big data, and foster digital expertise among employees.
Specialty chemicals company LANXESS is expanding its production capacity for the industrial chemical benzyl alcohol for the global market by around 30 percent. The two-stage expansion of the plant at the German site in Krefeld-Uerdingen is scheduled for completion by the end of 2019. A low ... more
LANXESS closed its fiscal year with a strong result. In 2018, EBITDA pre exceptionals increased by 9.8 percent to EUR 1.016 billion. As forecast, earnings are at the upper end of the range of 5 to 10 percent above the previous year’s figure of EUR 925 million (without ARLANXEO).
“Despite ri ... more
Specialty chemicals company LANXESS has successfully completed a debottlenecking project resulting in a 15 percent increase in global production capacity of its Additin RC 4000 series of corrosion inhibition additives. The additional capacities are a result of process synergies identified a ... more
LANXESS is a leading specialty chemicals company and operates in all important markets of the world. Its core business comprises the development, manufacture and sale of high-tech plastics, high-performance rubber, specialty chemicals and intermediates. In addition, it helps its customers i ... more
LANXESS Sybron Chemicals Inc., provides world-class ion exchange resins to meet the needs of numerous applications. The global strength of Lewatit ion exchange resins in industrial water and chemical processing markets is joined with the solid position Ionac ion exchange resins enjoy in the ... more
LANXESS is listed as the fourth largest German Chemistry Corporation in the Frankfurt Stock Exchange. With our extensive portfolio we are active in all the markets of the world. Our product pallet ranges from base, specialty and fine chemicals to plastics and rubbers. In addition, we sup ... more
CheMondis is the B2B online marketplace for chemicals.
Our roots go back to 1863. Ever since, we have developed our reputation as chemical experts. In 2018, LANXESS formed CheMondis, which combines chemical expertise of a market leader with digital start-up spirit and outstanding technical ... more