Elemica Announces Direct ERP Connection Now Available; Investors to Connect First, More Customers to Follow Soon

Additional Services to be Added in Third Quarter



Apr 23, 2001, 01:00 ET from Elemica

    PHILADELPHIA, and FRANKFURT, Germany, April 23 /PRNewswire Interactive
 News Release/ -- Elemica, a neutral network founded by the world's leading
 chemical companies to serve the global chemical industry, today announced its
 Connected Solution (ERP-to-ERP network) is available to its 22 investors and
 will soon include companies outside its investor base.  This offering allows
 Elemica trading partners to connect buyer and seller ERP systems together
 through the Elemica network.  Elemica will initially focus on connecting
 investor companies, then rapidly add companies outside the investor base.
     "Connectivity is a top business priority for Elemica and our investors,"
 said Kent A. Dolby, president and CEO of Elemica.  "Elemica will provide the
 focal point of seamless connectivity for the chemical industry.  A single
 connection to Elemica will link our customers to hundreds and eventually
 thousands of companies, business units and customers linked to the Elemica
 network as buyers and sellers," he continued.  "When an ERP connection is made
 to Elemica, no further connection is necessary.  Each connecting company or
 business unit will have access to all other businesses connected to the
 Elemica network."
     Utilizing state of the art technology, the Elemica(TM) Connected Solution
 is the connectivity infrastructure for the industry.  In this initial release
 of the Connectivity Solution, Elemica uses the industry standard Chem XML 2.0
 standards to support the Order Management Process.  Elemica manages the
 secure, scaleable and reliable message delivery.  By connecting to the Elemica
 network, chemical buyers and sellers can avoid the costly point-to-point
 integration with each of their trading partners and will significantly reduce
 their order management cost.
     Currently, many chemical manufacturers are developing supply chain
 optimization within their enterprise.  Future releases of the Elemica(TM)
 Connected Solution will support supply chain and logistics processes enabling
 optimization across multiple enterprises resulting in significant supply chain
 savings.
     According to CTO Stewart McCutcheon, Elemica has completed significant
 testing for more than a month.  "Not only are our systems ready to scale
 reliably, we have conducted e-readiness evaluations jointly with our clients.
 We are working end-to-end to ensure a successful startup for our clients.  The
 testing process simulates live production messages, enabling Elemica to
 gather, configure, migrate, and verify data prior to full connectivity,"
 McCutcheon stated.  "User acceptance testing helps to resolve initial concerns
 and assess risks in direct ERP-to-ERP connections," said McCutcheon.  "It also
 provides the foundation so multiple transactions between buyers and sellers
 can flow seamlessly through the network."
 
     About Elemica
     Elemica is a premier global neutral network for the contract buying and
 selling of chemicals.  The company will offer an integrated, end-to-end
 system, enabling buyers and sellers to streamline their business processes for
 contract sales and improve negotiation, contract management, order fulfillment
 and payment.  Elemica's comprehensive solution creates powerful efficiencies
 and offers support that extends from pre-sales through negotiation and
 contracting, and continues through the transaction, supply chain, and after-
 sales processes.  Phased rollouts of full integration services are scheduled
 for 2001.
     The e-marketplace's 22 investors include: Air Products and Chemicals,
 ATOFINA, BASF, Bayer, BP, Brenntag, Celanese, ChemCentral, Ciba Specialty
 Chemicals, Degussa, The Dow Chemical Company, DSM, DuPont, Millennium
 Chemicals, Mitsubishi Chemical Corporation, Mitsui Chemicals, Rhodia, Rohm and
 Haas, Shell, Solvay, Sumitomo Chemical and Vopak.
 
                                www.elemica.com
 
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X12130465
 
 

SOURCE Elemica
    PHILADELPHIA, and FRANKFURT, Germany, April 23 /PRNewswire Interactive
 News Release/ -- Elemica, a neutral network founded by the world's leading
 chemical companies to serve the global chemical industry, today announced its
 Connected Solution (ERP-to-ERP network) is available to its 22 investors and
 will soon include companies outside its investor base.  This offering allows
 Elemica trading partners to connect buyer and seller ERP systems together
 through the Elemica network.  Elemica will initially focus on connecting
 investor companies, then rapidly add companies outside the investor base.
     "Connectivity is a top business priority for Elemica and our investors,"
 said Kent A. Dolby, president and CEO of Elemica.  "Elemica will provide the
 focal point of seamless connectivity for the chemical industry.  A single
 connection to Elemica will link our customers to hundreds and eventually
 thousands of companies, business units and customers linked to the Elemica
 network as buyers and sellers," he continued.  "When an ERP connection is made
 to Elemica, no further connection is necessary.  Each connecting company or
 business unit will have access to all other businesses connected to the
 Elemica network."
     Utilizing state of the art technology, the Elemica(TM) Connected Solution
 is the connectivity infrastructure for the industry.  In this initial release
 of the Connectivity Solution, Elemica uses the industry standard Chem XML 2.0
 standards to support the Order Management Process.  Elemica manages the
 secure, scaleable and reliable message delivery.  By connecting to the Elemica
 network, chemical buyers and sellers can avoid the costly point-to-point
 integration with each of their trading partners and will significantly reduce
 their order management cost.
     Currently, many chemical manufacturers are developing supply chain
 optimization within their enterprise.  Future releases of the Elemica(TM)
 Connected Solution will support supply chain and logistics processes enabling
 optimization across multiple enterprises resulting in significant supply chain
 savings.
     According to CTO Stewart McCutcheon, Elemica has completed significant
 testing for more than a month.  "Not only are our systems ready to scale
 reliably, we have conducted e-readiness evaluations jointly with our clients.
 We are working end-to-end to ensure a successful startup for our clients.  The
 testing process simulates live production messages, enabling Elemica to
 gather, configure, migrate, and verify data prior to full connectivity,"
 McCutcheon stated.  "User acceptance testing helps to resolve initial concerns
 and assess risks in direct ERP-to-ERP connections," said McCutcheon.  "It also
 provides the foundation so multiple transactions between buyers and sellers
 can flow seamlessly through the network."
 
     About Elemica
     Elemica is a premier global neutral network for the contract buying and
 selling of chemicals.  The company will offer an integrated, end-to-end
 system, enabling buyers and sellers to streamline their business processes for
 contract sales and improve negotiation, contract management, order fulfillment
 and payment.  Elemica's comprehensive solution creates powerful efficiencies
 and offers support that extends from pre-sales through negotiation and
 contracting, and continues through the transaction, supply chain, and after-
 sales processes.  Phased rollouts of full integration services are scheduled
 for 2001.
     The e-marketplace's 22 investors include: Air Products and Chemicals,
 ATOFINA, BASF, Bayer, BP, Brenntag, Celanese, ChemCentral, Ciba Specialty
 Chemicals, Degussa, The Dow Chemical Company, DSM, DuPont, Millennium
 Chemicals, Mitsubishi Chemical Corporation, Mitsui Chemicals, Rhodia, Rohm and
 Haas, Shell, Solvay, Sumitomo Chemical and Vopak.
 
                                www.elemica.com
 
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X12130465
 
 SOURCE  Elemica