BASF uses Elemica for contract buying and selling

30-Aug-2001

BASF Aktiengesellschaft has successfully completed a first transaction that also links its purchasing department with Elemica. As a result, BASF now uses the world's largest chemicals e-marketplace for both contract buying and selling in Europe and the United States. In the future, a contract by which Bayer AG will supply BASF with monochlorobenzene will processed via the Internet. Monochlorobenzene is used as a precursor in the production of vitamin A and pharmaceutical active ingredients and as a catalyst in various plants at BASF's Ludwigshafen site. The transfer of contract processing to Elemica is the starting shot for BASF to expand its buying activities at Bayer via the marketplace.

BASF is also increasing its sales through Elemica. For example, a contract for BASF to supply formic acid to Bayer will now be processed via Elemica. The product is used in a variety of applications such as the production of textile chemicals and as a raw material for coatings. This step will be followed by others: In the future, BASF plans to conduct its entire contract business with Bayer in the area of chemicals stepwise through Elemica.

These contracts significantly extend BASF's network with Elemica and make the company one of the marketplace's most important users. BASF conducted its first transactions via Elemica in Europe and the United States in spring this year.

Other news from the department business & finance

These products might interest you

Dursan

Dursan by SilcoTek

Innovative coating revolutionizes LC analysis

Stainless steel components with the performance of PEEK - inert, robust and cost-effective

HPLC accessories
OCA 200

OCA 200 by DataPhysics

Using contact angle meter to comprehensively characterise wetting behaviour, solids, and liquids

With its intuitive software and as a modular system, the OCA 200 answers to all customers’ needs

contact angle measuring instruments
Tailor-made products for specific applications

Tailor-made products for specific applications by IPC Process Center

Granulates and pellets - we develop and manufacture the perfect solution for you

Agglomeration of powders, pelletising of powders and fluids, coating with melts and polymers

toll manufacturing
Loading...

Most read news

More news from our other portals