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ChemConnect and MegaVisa Form Strategic Alliance

18 May 2001


ChemConnect., the company that operates the World Chemical Exchange, has formed a strategic alliance with MegaVisa Marketing & Solutions Ltd., a leading distributor of chemicals and also leaders in e-commerce solutions for the Chemical Industry in India. Under the agreement, the companies will work together to promote regional activity on the World Chemical Exchange and offer ChemConnect's online sales and procurement solutions, designed to meet the specific business needs of its global membership base.

The World Chemical Exchange hosted more than $2.4 billion in annualized transaction volume in Q1 2001 and is home to more than 60,000 chemical and plastics products with access to more than 30,000 suppliers. The World Chemical Exchange brings e-commerce solutions to MegaVisa's India-based clients that come from all chemical-consuming sectors, including wire and cable, foam, rubber, construction, fiberglass, inks and dyes, plastics, agrochemicals, adhesives, refineries, steel, pharmaceuticals, food processing, personal care, fertilizers, packaging, and paints industries. The company has also established an India-centric chemicals trading portal, MegaVisaChem.com.






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