ChemConnect is a leading on-line marketplace for buyers and sellers of chemicals and plastics and Dow's preferred channel for online auctions and spot transactions. ChemConnect's Trading Center allows Dow members to post unlimited buy and sell offers, conduct sales prospecting and find new suppliers for prime and non-prime materials through established or new business partners globally. ChemConnect also features an Auction Site, enabling customers and suppliers to simplify the negotiation process by gathering all trading partners in one place at one time to negotiate every aspect of a deal and create competitive bidding.
Dow's trading partners have full control over transparency of information, anonymity, efficient discovery and negotiations tools, spot transactions and financial/risk management capabilities with ChemConnect. The site also offers Dow trading partners three solid benefits:
- shorter cycle times with negotiation time cut by 50 percent,
- increased revenues from an expanded customer base
- and reduced sales and inventory management costs.
The added bonus of no transactions fees completes the ChemConnect solution for Dow customers.
More then 8,000 member companies from 135 countries can access reliable market information that will enable them to better compete in the worldwide market through ChemConnect.