Elemica Members Begin ERP Connected Transactions

13-Jun-2001

Elemica, a neutral network founded by the world's leading chemical companies to serve buyers and sellers in the global chemical industry; today announced that the first fully electronic transactions were conducted on the Elemica Network by four of the 22 companies that founded Elemica. They are transacting ongoing contract business using ERP (Enterprise Resource Planning) connections to the Elemica Network. The four companies are BASF, The Dow Chemical Company, DSM and Solvay. "Today we passed a major milestone on the road to success for Elemica," said Kent Dolby, president and CEO. "The Elemica Connected Solution provides the ERP connectivity that is the core of the Elemica Network. At this moment Elemica is working with many companies and moving rapidly toward fulfilling our vision of an efficient, global connected network for our members, for their customers and suppliers and for the entire chemical industry." The Elemica Connected Solution links buyers and sellers in a global Network. By connecting once to the Elemica Network you make a direct connection to all member companies. The Elemica Network uses standard message protocols such as ChemXML, EDI and other industry message protocols and will translate messages into industry-standard ERP systems In the coming months, many Elemica members will complete testing and on- boarding programs and begin transacting business on the Network. Additional Elemica products and services will become available in the third quarter. The ERP connectivity made possible by the Elemica Connected Solution is at the heart of every product and service available through the Elemica Network. One connection to the Elemica Network means access to:

Supply Chain Solutions: A full suite of logistics and supply chain services that provides buyers and sellers tools to better manage their inventory, transportation, distribution and demand-forecasting activities.

Branded Storefronts: An individual company's branded, browser-based channel for sellers to conduct business with their customers using their Elemica Network connection

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