BASF among the first companies to successfully use Elemica in Europe and USA

12-Jun-2001

BASF announced today it is among the first companies to transact business in both Europe and the United States via Elemica, a neutral electronic marketplace.

BASF completed end to end order transactions with both The Dow Chemical Company and DSM. In Europe, the first electronic transaction is part of a contract between BASF and DSM in the Netherlands, supplying several thousand metric tons of neopentyl glycol. In the United States, BASF and Dow electronically connected, with Dow selling Glycerin to BASF.

"BASF is on the leading edge when it comes to linking its business systems electronically with other companies," said Wayne Hill, Senior Vice President for Global Electronic Commerce at BASF. "BASF's flexible eCommerce infrastructure is allowing a significant increase in electronic connections with our customers, suppliers and online marketplaces, to meet the needs of our trading partners," added Mr. Hill.

These first online transactions represent an important milestone in BASF's ambitious eReadiness program as they mark the completion of the technical infrastructure necessary to link the company's Enterprise Resource Planning (ERP) system to customers and Internet marketplaces. In addition to an internal network for production, logistics and sales based on SAP, BASF now has a common technological platform with the ERP systems of customers and suppliers. This means that it is possible to place and receive orders electronically around the world, around the clock, 365 days a year.

BASF and other industry leaders lead in the development of the eXtensible Markup Language (XML) allowing individual ERP systems to electronically communicate, transaction information. Chem eStandardsTM is the XML standard for BASF. Led by the Chemical Industry Data Exchange (CIDX), Chem eStandards is an initiative dedicated to the development of nonproprietary XML-based standards to facilitate business to business data exchange world wide.

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