The Society of the Plastics and Omnexus to form strategic alliance

30-Oct-2001

The Society of the plastics Industry, Inc. (SPI) and Omnexus, the global eMarketplace for the plastics industry, today announced their intent to form a strategic alliance.

"Through this exciting alliance," said SPI President Donald K. Duncan, "SPI members will be able to learn first-hand about the benefits of Omnexus through our association's publications, seminars, meetings and Web site."

In return, he said, Omnexus will help educate the industry about the benefits of SPI membership and products and services through its own Web site and communications network.

"SPI is the premier plastics industry association, and we are delighted to have its endorsement," said Omnexus Vice President David Jukes. "This alliance provides a tremendous opportunity to foster learning and understanding about the benefits and cost savings Internet technology can bring to plastics processors."Omnexus also plans to develop online aftermarket services on the Equipment eMarketplace. This feature will allow buyers on Omnexus to select and order spare parts and aftermarket services in real-time from multiple suppliers, the first such online offering in the plastics industry.

The executives said that details of the arrangement will be worked out over the coming months, with additional announcements to follow.

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