CheMatch.com Surpasses Previous Daily Record
CheMatch.com, a leading Internet-based marketplace and information resource for buying and selling bulk commodity chemicals, plastics, feedstocks and fuel products, announced that CheMatch.com’s Global Trading Network™ has surpassed its previous record trading day and has also achieved its seventh consecutive record quarter.
CheMatch.com yesterday traded more than 28,500 metric tons (MT) of product, surpassing the previous record day of 21,803 MT set last year. Additionally, CheMatch.com has achieved its seventh consecutive record quarter of growth. During the fourth quarter of 2000, CheMatch.com’s Global Trading Network™ transacted more than 485,000 MT of product, representing an increase of more than 75% over the third quarter and almost a five-fold increase over the comparable period in 1999. Also during the fourth quarter, 2000, membership in the CheMatch.com platform increased to over 680 member companies, an increase of more than 100 companies from the end of September.
Since inception of the CheMatch.com Global Trading Network more than 1.5 million MT of product has been transacted, representing a cumulative notional value of more than half a billion dollars.
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