ChemCross and CheMatch Form Strategic Alliance
ChemCross.com, Asia's largest e-marketplace and portal for chemical companies, and CheMatch.com a leading Internet-based marketplace and information resource for buying and selling bulk commodity chemicals, plastics, feedstocks and fuel products announced today that they have formed a strategic alliance.
ChemCross and CheMatch have entered into a mutual agreement, which will allow ChemCross access to CheMatch’s Global Trading Network and information resources. This access will allow ChemCross to market CheMatch postings to their rapidly increasing membership of more than 2000 corporate members. Likewise CheMatch will have access to ChemCross’s platform and information resources to market relevant petrochemical postings to CheMatch’s more than 700 member companies.
“With this alliance we bring an Asian-specific strategy that takes into account the unique needs and attributes of the region,” said Chester Cha, Chief Executive Officer of ChemCross. He further added, “By utilizing our proven advantage in Asia as well as CheMatch’s in the United States and Europe, we will be able to provide greater accessibility to the users of both companies and provide more business opportunities from the United States and Europe to Asia and vice versa, while increasing liquidity for both companies.”
“We have joined forces with ChemCross, a leader in the Asian chemicals e-marketplace, in order to build upon the relationships we have developed in the Asian market,” said Carl McCutcheon, CheMatch.com’s Chairman and Chief Executive Officer. “Coupling two of the leading petrochemical marketplaces will allow both platforms to build upon its current liquidity, while assuring both sets of members access to the best products, services and prices available worldwide. Asia represents almost 30% of all petrochemicals produced in the world and we recognize the importance of this region to the global marketplace and the success of CheMatch.”
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